SSTS # 3: Certain Procedural Aspects of Preparing Returns

Question 1

This statement sets forth the applicable standards for members:

Answer 1

concerning the obligation to examine or verify certain supporting data or to consider information related to another taxpayer when preparing a taxpayer’s tax return.

Question 2

a member should not ignore the implications
of information furnished and should make reasonable inquiries if the information furnished appears to be incorrect, incomplete, or inconsistent either on its face or on the basis of other facts known to the member. Further, a member should refer to the taxpayer’s returns for one or more prior years whenever feasible.

Answer 2

stay on front

Question 3

The preparer’s declaration on a tax return often states that the information contained therein is:

Answer 3

1. True
2. Correct
3. Complete

Question 4

The preparer’s declaration does not require a member to

Answer 4

1. examine or verify supporting data;
2. a member may rely on information furnished by the taxpayer unless it appears to be :
   
   • ***incorrect, incomplete, or inconsistent