BizSugar.com › Finance › Can I Expense That – Gifts

Fostering loyalty amongst clients and customers is one of the best ways to secure repeat business. Fortunately, as a business owner you are able to deduct the cost of gifts purchased for clients (up to a limit), making generosity an even smarter choice. Read on for how the limit works, how to make the most of the available deductions, and for exceptions to the rule.