Final answer:
The Statements on Standards for Tax Services (SSTS) are intended to supplement the AICPA Code of Professional Conduct and Circular 230. They provide guidance to tax professionals regarding their ethical responsibilities when providing tax services to clients. Option a
Step-by-step explanation:
The Statements on Standards for Tax Services (SSTS) are intended to supplement the AICPA Code of Professional Conduct and Circular 230. They provide guidance to tax professionals regarding their ethical responsibilities when providing tax services to clients. The SSTS help ensure that tax professionals maintain the highest level of professionalism and integrity in their practice.
For example, one of the SSTS is SSTS No. 1, which addresses the authority of tax practitioners. It emphasizes the importance of obtaining sufficient information and exercising due professional care when providing tax services to clients.
In summary, the Statements on Standards for Tax Services are not part of the ABA Code of Professional Responsibility or intended to replace Circular 230. They are specifically designed to supplement the AICPA Code of Professional Conduct and Circular 230, providing guidance to tax professionals. option a