Transcription of Statements on Standards for Tax Services
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Statements on Standards for Tax Services American Institute of Certified Public Accountants S/STANDARDSETHICS/General Information on SSTSs Written simply & objectively Provides for an appropriate range of behavior Some rules are subjective & some terms are left undefined deliberately Terms & concepts are generally tax-based Many similarities to Circular 230 Enforcement is undertaken with flexibility Recent revisions became effective 1/1/10 Will Relevant TermsWill Generally 90% or greater probability of Generally 90% or greater probability of success if challenged by IRSsuccess if challenged by IRSS houldShouldGenerally 70 Generally 70 -- 80% probability of success if 80% probability of success if challenged by IRS challenged by IRS More Likely More Likely than Not than Not (MLTN)(MLTN)Greater than 50% probability of
Jan 01, 2010 · Statement No. 1 • Warranted in existing law or can be supported by a good-faith argument for an extension, modification, or reversal of existing law • Not limited to the sources of authority described in IRC Sec. 6662. ... Statements on Standards for Tax Services
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The AICPA Professional Valuation Standards: Statement, The AICPA Professional Valuation . Standards: Statement on Standards for, Statement on Standards for, Statement, Standards, Dual Enrollment - Statement of Standards, Statement of standards, FASAB, Common Core Standards Mission Statement, Status, Statement of Cash Flows Topic, Statement on Standards for Continuing Professional Education (CPE ) Programs, Accounting and financial reporting alternatives