🎁 ‘Tis the Season of Giving—And Tax Deducting! 🎄 As the holiday season kicks off, don’t forget the tax rules when gifting clients. While it’s fun to spread holiday cheer, understanding what’s 50% deductible and what’s 100% deductible can save you time and hassle later. 💡 Quick Gift Tax Tips: If the gift includes food or drink, it’s 50% deductible. Think: wine, hampers, chocolates, or meal vouchers. For non-food gifts like calendars, books, gift cards, or branded gifts , you’re looking at a 10
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