February 22, 2021
Did You Know that Client Gifts are Tax Deductible?
Did you know that client gifts are tax deductible? Just one more reason to incorporate gifting into your client experience! 🙌🏻
While we are *not* certified accountants and recommend you consult with your local CPA for your specific business, here’s our quick tips for writing off client gifts:
- As a general rule of thumb, the normal write off amount per person is $25.
- However, if you are a wedding vendor, the normal write-off amount is actually doubled, since there are two recipients. So for all you wedding photographers & planners out there: you can write off $50 per gift! 🎉
Want more details on what your corporate & client gifts could look like? (Hint: this is not your standard cellophane-wrapped corporate gifts.)
Download our Corporate Gift Catalog below!
No matter your business, we're here to help you stay connected & front-of-mind with your clients. Get in touch with us at hello@whitesprucemarket.com to get your corporate gift process started.