Goodwill Strategies

Business Gift
A business gift refers to a present provided by a business to its clients, partners, or employees as part of its promotional, networking, or goodwill strategies. The IRS limits the tax deduction for business gifts to $25 per recipient per year.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.