Can You Have Your Child’s Private School Funded by your Business?

If you have a child with special needs, a learning disability or an illness that requires special schooling, you may be eligible to have your child’s private school funded by your business as a legitimate medical expense.

Many private schools cost $25,000 or more per year. Obviously, parents who elect to send their healthy children to private school is the prerogative of the parent. For many parents who send their children to private school they do it willingly and accept the expense.

For many children who have a disability, may be on the spectrum for autism, ADHD, severe anxiety or any number of debilitating illnesses or conditions, the public school system is ill-equipped to effectively deal with these children. Some children who may have ADHD, although very common, need a smaller classroom setting in order to be successful in school. In many instances, the only solution may be a private specialized school that can cater to these children’s special needs.

For business owners, there may be an opportunity to write this private school education through their business as a medical expense. This isn’t something that is granted by a traditional benefit provider. This is usually done by way of a specialized.......READ MORE