Starting Your Business/Keeping Tax Records
What are Business Expenses
Business Gifts
If you give business gifts in the course
of your trade or business, you can deduct the cost subject
to certain limits and rules.
You can deduct no more than $25 for
business gifts you give directly or indirectly to any one
person during your tax year.
Important References
Publication
463
Travel, Entertainment, Gift, and Car Expenses
Form
1040 Schedule C Profit or Loss From Business