I understand your point JR1 and I agree with all the input, otoh.....
Description does not read: "investor services" are exempt. There's also arranging for tax prep, banking, filing annual report with the state, corresponding with the investment company, routine filing, research on the investment perhaps looking at different investments, attending the annual meeting. Maintaining the corporate book.
Now, I'm not planning to suggest payroll, but the instructions call for payroll...... and there's no resolution to this, I realize.