Gifts for Clients There are little ways to show your appreciation for your star clients. Gifts are just one form of that gratitude. Client Gift Type 1: Tangible Property The same rule applies to your client: You can deduct no more than $25 per person, per year for business gifts. The I...
Gifts Gifts are partially nondeductible. While you can spend as much as you would like on clients, employees, partners, or others, you cannot deduct more than $25 per gift recipient. Political contributions Political contributions and lobbying expenses, including any expenses for participating in a...