Legal Question in Business Law in Texas

can I pay for my kids montessori school through our personal business account?


Asked on 11/02/10, 9:36 am

1 Answer from Attorneys
Kevin B. Murphy Franchise Foundations, APC

Any business or franchise attorney will say the answer is "it all depends." Business-related expenses must have a valid business reason. If your entity is a corporation, it may be able to adopt a valid, qualifying employee benefit package. Without more facts, it's not possible to say one way or another. Consult with a good business or franchise attorney in your area for specific advice.

Mr. Franchise - Kevin B. Murphy, B.S., M.B.A., J.D.

Franchise Attorney

Franchise Foundations APC

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Answered on 11/07/10, 12:25 pm


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