Explain how Treasury Department Circular 230 differs from the AICPA's Statements on Standards for Tax

Services.

(Select all that apply.)

A.

Circular 230 is a government issued document that dictates rules for practicing before the IRS. The Statements on Standards for Tax Services (SSTSs) are ethical standards issued by the AICPA aimed at tax practitioners. Circular 230 applies only to federal issues, and the SSTSs apply to both federal and state issues.

B.

Circular 230 is a government issued document that is geared specifically toward taxpayers and provides instructions and guidelines for tax preparation. The Statements on Standards for Tax Services (SSTSs) are additional guidelines issued by the AICPA to assist tax practitioners with tax preparation.

C.

Circular 230 only applies to income taxes, and the Statements on Standards for Tax Services (SSTSs) apply to all types of taxes. Finally, Circular 230 does not provide the same depth of ethical guidance found in the SSTSs.

D.

Circular 230 is a government issued document that dictates rules for practicing before the IRS. The Statements on Standards for Tax Services (SSTSs) are ethical standards issued by the AICPA aimed at tax practitioners. Both Circular 230 and the SSTSs apply to both federal and state issues.