When holiday gifts and parties are deductible or taxable

Business Income Tax, de mimimis Fringe Benefits, Employee Benefits, Gift Tax, Gifts, Holiday gifts, Income Tax, Small Business, Tax, Tax Cuts and Job Acts (TCJA) /

The holiday season is a great time for businesses to show their appreciation for employees and customers by giving them gifts or hosting holiday parties. Before you begin shopping or sending out invitations, though, it’s a good idea to find out whether the expense is tax deductible and whether it’s taxable to the recipient. Here’s […]

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