These are questions that come up on a routine basis, but are they deductible?
Question: Are business gifts deductible and how much?
Answer: If you give business gifts in the course of your trade or business you can deduct all or part of the costs subject to the following limitation:
You can deduct no more than $25 for business gifts you give directly or indirectly to any one person during your tax year.

1. If you and your spouse both give gifts to the same person, both of you are treated as one taxpayer.
2. Incidental costs such as engraving, packing or shipping do not have to be included in the $25 limit.
3. Gifts costing $4.00 or less that have your business name permanently engraved on the item, and which you distribute on a regular basis is excluded from $25 per person limit.
You need to have records that prove the business purpose of the gift as well as the details of the amount spent.
Fresh Start Tax is one of the premier tax resolution firms in the country. We deal with all types of cases, individuals, business and high dollar corporate entities. We have a staff that specializes in every type of case. Some of our specialties include the following:

• Immediate Tax Resolution and Representation

• Offers in Compromise and Settlement

• Back Taxes/ Unfiled or Never filed tax returns

• Bank or Wage Levy Garnishments

• Letters of Intent of Notice to Levy

• IRS Tax Audits

• Hardship, part pay agreements

• State Sales Tax problems and Resolution

Our company resume:

• Our staff  has over 140 years of professional tax representation experience
• On staff are Board Certified Tax Attorney’s, CPA’s, former IRS Agents, Managers and Instructors
• Former State Department of Revenue Manager and Instructor
• We are extremely moral and ethical in all of our business dealings
• We have the highest rating by the Better Business Bureau
• We are fast, affordable and economical
• We are licensed to practice in all 50 States
• We put a premium on client communication