In this episode of the Genuine Learning Blog, Melisa Galasso breaks down the newly revised interpretation of tax advisory services and independence from the AICPA. Following public feedback, PEAK has shifted from a rigid “more likely than not” threshold to a more flexible, principles-based approach, allowing CPAs to use professional judgment based on facts and circumstances. Melisa Galasso also clarifies routine tax prep versus advisory services and highlights the importance of submitting comments by December 15, 2025, to help shape this evolving standard.
SCACPA is excited to partner with Galasso Learning Solutions and the Genuine Learning Blog for real-time A&A updates and answers for SCACPA members.
Melisa F. Galasso is the Founder and CEO of Galasso Learning Solutions LLC. A CPA with over 20 years of experience in the accounting profession, Melisa designs and facilitates courses in advanced technical accounting and auditing topics, including not-for-profit and governmental accounting. Her passion is providing high-quality CPE that is meaningful, creates efficiencies and improves quality, and positively impacts ROI.
