Sue is a small business owner who often gives gifts to clients.She gives a $40 gift to her client, Mr.Smith, and his wife.Sue spent $6 to wrap the gift.She also gave out 400 calendars with her company name on them.Each calendar cost $1.Sue also gave her secretary a $370 watch for his 10 years of service.How much of the above expenses may she deduct?

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The Answer of Sue is a small business owner who often gives gifts to clients.She gives a $40 gift to her client, Mr.Smith, and his wife.Sue spent $6 to wrap the gift.She also gave out 400 calendars with her company name on them.Each calendar cost $1.Sue also gave her secretary a $370 watch for his 10 years of service.How much of the above expenses may she deduct?

Sue Is a Small Business Owner Who Often Gives Gifts