The 10 Best Business Gifts–and How to Give Them
Tickets. Lost somewhere in the frenzy of late nights at the office, commuting, and family is the desire to go out and enjoy quality entertainment. So, give favored clients an afternoon of baseball, an evening of theater, or a night of their favorite music. You can even buy movie passes for use any time.
But tickets to a popular event or show often aren't easy to come by and sometimes carry a hefty price tag. "They are committed to doing whatever it is you bought tickets for on that day at that time," says Ingram. "What if that's not convenient for them?" You'll want to be certain the recipient will enjoy and be able to attend a particular event before your splurge.
And if you plan to attend the event with the person you buy the tickets for, it's not exactly a gift. As far as the IRS is concerned, if you go to the event, it is an entertainment expense and you no longer qualify for the $25 business gift tax deduction.
More on Business Gifts:
•How Much, If Anything, to Spend on the Boss
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