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Personal-Service Corporation
A corporation that is created for the purpose of providing personal services to individuals or groups. To be considered a personal-service corporation by the IRS, the employee-owners must perform at least 20% of the personal services themselves. The... More »
What Is a Personal Service Corporation?
The IRS defines a personal service corporation as a company whose main work is to offer personal services to its clients. This includes services such as accounting, consulting, health, law, architecture, engineering and the performing arts. To qualify... More »
Source: www.ehow.com

en.wikipedia.org/wiki/Personal_service_corporation

In United States tax law, a corporation is a personal service corporation if it meets all of the following requirements: 1. Its principal activity during the “testing period” is performing personal services (defined later).

www.irs.gov/publications/p542/ar02.html

Its principal activity during the “testing period” is performing personal services ( defined later). Generally, the testing period for any tax year is the prior tax year.

thismatter.com/money/tax/personal-service-corporations.htm

Jan 2, 2017 ... The characteristics of a qualified personal service corporation (QPSC), ... A corporation is defined by the state and in the late 1960s and early ...

www.journalofaccountancy.com/issues/2006/sep/refiningthedefinitionofapersonalservicecorporation.html

Aug 31, 2006 ... TAX CASE n 1987 Congress amended the tax law to provide that a personal service corporation (PSC) is not eligible for graduated corporate ...

www.investopedia.com/terms/p/personal-service-corporation.asp

DEFINITION of 'Personal-Service Corporation'. A corporation that is created for the purpose of providing personal services to individuals or groups.

www.claconnect.com/resources/articles/personal-service-corporations-how-to-address-irs-scrutiny

Jun 21, 2016 ... If you are operating a personal service corporation, electing S corporation ... actuarial science, performing arts, or consulting (as defined in Reg ...

www.thebalance.com/personal-services-corporation-definition-2948629

Feb 24, 2017 ... Canadian corporation? Less than 5 employees? Then you need to know the definition of a Personal Services Business and the tax effect of ...

www.larkinhoffman.com/files/OTHER/Personal_Service_Corporations.pdf

of ownership by an employee whatsoever, the definition of PSC II will not .... the “ qualified personal service corporation,” there is no ownership aspect.