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A personal service corporation is a company which, as the name suggests, provides personal services. These services span a wide variety of endeavors in many fields, and are specified for tax purposes in the United States by the Internal Revenue Service (IRS).
A loan-out corporation, also known as a loan-out company, or personal service corporation, is a form of US business entity in which the creator is an 'employee' whose services are loaned out by the corporate body.
The 2007 Budget legislated against Managed Service Companies (MSCs) by removing the associated tax advantages for contractors working through them. Prior to this government action, there were several types of MSCs. One of the most common forms was the composite company, where typically up to 20 contractors became non-director shareholders.
Personal service may refer to: Personal service sector of the economy, which delivers services rather than goods; Service of process, delivery of court documents to a person; Personal Services, 1987 comedy film set in a brothel; Taxation. Personal service corporation in United States tax law; IR35, United Kingdom tax law for individuals paid ...
A service company is a company which is a service provider. Service company may also refer to: Energy service company, a company which provides energy solutions; Managed service company, a form of company structure in the United Kingdom; Personal services company, a term used by the UK government to refer to "someone who works through their own ...
6. Invest in personal data removal services: These services monitor your personal information and alert you to potential fraud. While no service promises to remove all your data from the internet ...
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A service provider (SP) is an organization that provides services, such as consulting, legal, real estate, communications, storage, and processing services, to other organizations. Although a service provider can be a sub-unit of the organization that it serves, it is usually a third-party or outsourced supplier.