SSTS # 1

Question 1

This statement sets forth the applicable standards for members when recommending:

Answer 1

1. tax return positions,
2. preparing or signing tax returns
   * **(including amended returns, claims for refund, and information returns) filed with any taxing authority.

Question 2

This statement also addresses a member’s obligation to advise a taxpayer of relevant tax return disclosure responsibilities and potential penalties.

Answer 2

stay on front

Question 3

Our self-assessment tax system can function effectively onlyif taxpayers file tax returns that are

Answer 3

1. true
2. correct
3. Complete

Question 4

A member should not recommend a tax return position or prepareor sign a tax return reflecting a position that the member knows:

Answer 4

a. exploits the audit selection process of a taxing authority, or
b. serves as a mere arguing position advanced solely to obtain leverage in a negotiation with a taxing authority.