WHAT IS A “PROFESSIONAL SERVICE?”

What would the new definition of the term
"Professional Services" include?   It includes
YOU if your S-Corp is “a trade or business in
which substantially all of the business activities
involve providing services in the fields of health,
law, lobbying, engineering, architecture,
accounting, actuarial science, performing arts,
athletics, investment advice or management,
brokerage services, or consulting.”  

That last category, "consulting," is a subjective
catch-all that begs its own definition — but so far
doesn’t get one.  

The Tax Code "clarifies" the term "consulting" this
way:  "providing advice and counsel."

That's of little help! 

Don't SALES people provide advice and counsel? 
"I advise you to buy my product, and I will counsel
you on the reasons why."

Folks, this "Tax Extender" bill — complete with the
some 200+ "amendments" tacked on by various
Senators, is going to anything BUT simplify taxes!

It's gonna be messy!