Do professional service corporations have limited liability?
FAQ | Professional Services Guide
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Guide overview
- 1. Professional Services Basics
- 2. Client Management and Retention
- 3. Project Definition
- 4. Resource Planning
- 5. The Ultimate Guide to Capacity Planning
- 6. Project Visibility
- 7. Billing for Projects
- 8. Project Profitability
- 9. Professional Services Software For Project Management
- 10. A Guide to Time Tracking for Consultants and Professional Services
- 11. FAQ
- 12. Glossary
Guide overview
- 1. Professional Services Basics
- 2. Client Management and Retention
- 3. Project Definition
- 4. Resource Planning
- 5. The Ultimate Guide to Capacity Planning
- 6. Project Visibility
- 7. Billing for Projects
- 8. Project Profitability
- 9. Professional Services Software For Project Management
- 10. A Guide to Time Tracking for Consultants and Professional Services
- 11. FAQ
- 12. Glossary
Compliance and Legal
Do professional service corporations have limited liability?
The law on creating an LLC as a professional service corporation varies depending on the state and industry. Contact a tax expert for specific guidance on your professional services business.
Recommendation 5 questions
Is prevailing wage required on professional services? Do professional service vendors need to produce a certificate of insurance? Do professional services have an implied warranty? Do professional services have to provide proof of workers’ compensation? Do we need to file as a professional service corporation?