Be careful! The IRS limits client gift deductions to $25 per person per year.π The Loophole: Branding is key. If your gift has your logo permanently on it (like a high-quality closing sign or a branded cutting board), it can often be classified as marketing, which has no dollar limit!
- Tip: When giving gifts, make sure they have your branding to avoid the $25 limit.
What is the most creative closing gift youβve ever given?