| 释义 |
Business Gifts Business GiftA gift given to another on behalf of a company. Gifts up to $25 per recipient per year are tax deductible, as are gifts of small items, such as pens and calendars, costing $4 or less each.Business GiftsBusiness gifts are gifts to a taxpayer's clients or other business associates made in the course of the taxpayer's trade or business. They must be ordinary and necessary to the taxpayer's business. The cost of qualified business gifts is deductible to a maximum of $25 per year per client or customer. The $25 limit does not apply to promotional items costing $4 or less on which the taxpayer's name is clearly imprinted. |