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A personal service contract establishes a working relationship between a company and an individual or business in the personal service industry. Personal services, as defined by the IRS, encompass activities in fields such as accounting, actuarial science, architecture, consulting, engineering, health (including veterinary services), law, and performing arts. These services are generally intangible, resulting in products that cannot be physically held. Consulting represents a broad category within personal services. Before hiring an independent contractor or engaging in contractual work, it is essential to draft a firm agreement that includes at least the names of the parties and the date of the agreement.