Perennial Financials is here to help you Focus on Growing Your Business. You Focus on the Vision, we’ll focus on the Details
All in Accounting
Do you always have this problem?........... At the end of the year, you have anxiety wondering if you kept up with all your business receipts?
If you give your clients or colleagues a thank you gift, birthday day gift, or holiday gift, then you can deduct up to $25 per person per year. (🗣) Pay attention to the wording….. “up to”. So you can spend more than that if you choose but you can only deduct up to $25.
Don’t believe me! Read it in the IRS code Publication 15 under “Family Employees”.
Now is the best time to purchase supplies for your business to save money during this coming tax season.
