For example, the health category says "physicians ... reasonable" effort to determine whether their client's business is a specified service trade or business through the IRS guidelines alone ...

For an example of how to determine the deduction attributable to a specified service business when a taxpayer has taxable income within the phase-out range, read this post. 1. What did we know?

3 Specified Service Trades or Businesses ... might carve off those activities into separate businesses. The proposed regulations provide examples of some activities which may generate the 20% ...

In the final rules, Treasury and the IRS provided more examples of what is and isn’t considered a specified service, trade or business in an effort to provide more clarity. For example ...