A Tax Court case, Rainbow Tax Services, Inc. v. Commissioner,1 decided March 8, 2007, has broadened the “personal service corporation” rules to include tax return preparation and bookkeeping services.2 That is a major development for non-CPA accountants who are practicing as a corporation.
Harl, Neil E.
"Big News for Non-CPA Accountants Practicing As A Corporation,"
Agricultural Law Digest: Vol. 18
, Article 1.
Available at: https://lib.dr.iastate.edu/aglawdigest/vol18/iss6/1