WebThis section provides guidance on specified service trades or businesses (SSTBs) and the trade or business of performing services as an employee. This paragraph (a) describes … (a) Scope and purpose. An individual or RPE may be engaged in more than one … Editorial Note: IRS redesignated the following sections to appear below the … WebA Specified Service Trade or Business (SSTB) includes any trade or business involving the performance of services in the fields of: Health, law, accounting, actuarial sciences, performing arts, consulting, athletics, financial services, brokerage services,
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WebIn general, an SSTB is any trade or business involving the performance of services in the following fields: Health, law, accounting and actuarial science, Consulting, Financial, brokerage, investing and investment management services, Trading, Dealing in securities, partnership interests or commodities, Athletics and performing arts, and WebMar 12, 2024 · (A) any trade or business involving the performance of services in the fields of health, law, engineering, architecture, accounting, actuarial science, performing arts, consulting, athletics, financial services, brokerage services, or any trade or business where the principal asset of such trade or business is the reputation or skill of one or … nitro shock absorbers
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WebAug 4, 2024 · Consulting services means providing professional advice and counsel to clients to help them achieve goals and solve problems. It also includes lobbyists who advocate and influence government and legislative decision-making. Sales, training, and education are not consulting services. Example: Consulting Services WebAug 27, 2024 · Specified Service Trade or Business (SSTB) An SSTB as we presently understand is defined as any trade or business involving the performance of services in … WebThose industries that are specifically excluded from being deemed a Specified Service Trade or Business (SSTB) include: real estate brokers property managers architects engineers bankers If you own, passively or otherwise, a business in any of the above industries you clearly are organized and paid your Washington lobbyists well. nursing agency shropshire