Travel & Entertainment
Gifts - Business Gift Limitation
Generally, the deduction for business gifts is limited to $25 a year for each recipient if the gift is made to an individual. There is no dollar limit on the deductibility of a business gift made to a corporation, partnership or business entity. Gifts to a corporation or other business entity intended for the eventual use or benefit of an owner, shareholder or employee is subject to the $25 limitation.
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