Can you deduct the full amount paid for Christmas gifts to customers, or is it just $25 per individual on your business tax return?
If I am remembering correctly, I think you are only allowed $25 per individual as an expense on the tax return. We have spent about $600, so I wanted to double-check.
We are an LLC, taxed as a partnership. Thank you.
posted
December 13, 20239:29 PM
last updated
December 13, 20239:29 PM
Connect with an expert
x
Do you have an Intuit account?
You'll need to sign in or create an account to connect with an expert.