Personal service corporations definitionQuestion What are personal service corporations?
Answer Professionals who incorporate their practices are a special type of C corporation called personal service corporations (PSCs).
A PSC performs personal services in the fields of health, law, accounting, engineering, architecture, actuarial science, performing arts, or consulting, and meets certain ownership and service tests. 
Brain Trust contributor:
Author of J.K. Lasser's Small Business Taxes 2007
Related Categories: Business Structure, Legal
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