NU Online News Service, Jan. 13, 2005, 6:20 p.m. EST

Officials have released a new batch of advice for firms that want to contribute to health savings accounts for partners.[@@]

The Internal Revenue Service has issued the guidance, IRS Notice 2005-8, to help explain how it will be applying deductibility provisions for ordinary partners, partners who receive payments for services rendered to a partnership, and “2-percent shareholder-employees” at an S Corporation.

The IRS has posted the guidance on the Web at http://www.irs.gov/pub/irs-drop/n-05-08.pdf