The $25 limitation on the deductibility of business gifts can be circumvented by making separate gifts to the family (e.g.,spouse,children)of the client.

Question

Quizplus · Accepted Answer

This statement is false. According to the IRS, gifts made to family members of a client still count towards the $25 limit on the deductibility of business gifts. There are no exceptions for gifts made to family members.

The $25 Limitation on the Deductibility of Business Gifts Can