A closer look at proposed revisions to the AICPA tax standards

An exposure draft was issued recently by the AICPA for the Statements on Standards for Tax Services (SSTSs).

April Walker, CPA, CGMA, lead manager on the AICPA's Tax Practice & Ethics team, talks with Henry Grzes, CPA, also a Tax Section lead manager, and Dave Holets, CPA, a partner in the Crowe National Tax Services Group and chairman of the SSTS Revision Task Force, about the details of the proposed changes, including what’s new in the proposals.