Guest guest Posted August 12, 2004 Report Share Posted August 12, 2004 Hi everyone, Hope you all can shed some light on this one. We are in the process of forming our first therapy team in order to kick off our in-home ABA/VB program. I spoke to my accountant today to ensure I do everything appropriately for tax purposes (for me and for the therapists). Here is what he told me: he said that the legitimate way to handle this is to consider myself an employer and the therapists employees. In other words, I need to pay employer payroll taxes and have W2's issued at year-end. He indicated that once we show our ABA expenses as a medical deduction on our taxes, it will most likely result in an audit of these expenses since they will be so large in comparison to our income. We could then be penalized for not paying employer taxes. I don't intend to start a small panic here, but I've never heard any other parent mention that they are following a process like this to pay their therapists. I would appreciate any input on this from those of you who are funding your own ABA program. Thanks!! Quote Link to comment Share on other sites More sharing options...
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