Under Statements on Standards for Tax Services No. 3 (SSTS No. 3), a CPA preparing a tax return should perform all of the actions EXCEPT:
A)independently confirm the accuracy of the taxpayer's information
B)obtain additional information if the taxpayer's information appears tobe incorrect or incomplete
C)review the prior year's return when feasible
D)determine when conditions for a deduction have been met

Question

Quizplus · Accepted Answer

SSTS No. 3 does not require a CPA to independently confirm the accuracy of the taxpayer's information. Instead, it emphasizes the need to ask for additional information if something appears incorrect or incomplete, review prior returns when possible, and determine the applicability of deductions, but it relies on the information provided by the taxpayer unless there are reasons to believe it is incorrect.