Is are client gifts tax deductible a business expense?
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The IRS allows a deduction for business gifts up to $25 per recipient per year. This means if you give a gift valued at more than $25 to a single client, only $25 of that gift is deductible. Incidental costs such as engraving, packaging, or shipping are not included in the $25 limit. Gifts to a company that are intended for the personal use or benefit of a particular person are also subject to the $25 limit.