Saturday, November 29, 2008

First IRS Revenue Ruling of 2008 liberalizes S Corp health insurance

Notice 2008-1 The IRS has released its first Revenue Ruling for the year 2008, which provides clarification for rules that allow a 2%-shareholder/employee to deduct accident and health insurance premiums.

inc-centrics.blogs.com/inccentricity/2007/12/first-irs-reven.html