If a corporation is classified as a Personal Services Business, the only deductions in the determination of its Net Income For Tax Purposes will be for salaries, wages, and other expenses that would normally be deductible against employment income.

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The Answer of If a corporation is classified as a Personal Services Business, the only deductions in the determination of its Net Income For Tax Purposes will be for salaries, wages, and other expenses that would normally be deductible against employment income.

If a Corporation Is Classified as a Personal Services Business