Business Gifts 🎁 - A not so friendly tax deduction!
Giving gifts to customers as a way to show your appreciation is a great way to keep em coming back and get referrals
You'd think you'd be able to fully deduct a basket full of goodies or a gift card
You expect the gift to pay off down the road and generate more revenue... which the IRS loves
Well... hold that $150 bottle of wine because we're only allowed to deduct up to $25 per person* yearly!
$25 has been the limit since...
1988! 🤔
So next time you're thinking about giving a gift in a business context... do it out of love and not for a tax deduction
*There are some more deets, but this is a great starting point if you need to figure out what is deductible
El hate que le tienen a Marena es inverosímil y lo cómodos que se sienten atacando a alguien que ha hablado abiertamente de su ansiedad habla más de ustedes que de ella.