Gift Giving by Business Owners: Tax Considerations
As the holiday season approaches, gift-giving is on the minds of many business owners. But there are reasons why a business owner may want to give gifts to employees and clients throughout the year and not just during the holidays. Whether to recognize a job well done, boost employee morale, or solidify client relationships, monetary and non-monetary gifts can provide a powerful psychological boost for people.
Categories
Tags
- Estate Planning
- Revocable Living Trust
- Asset Protection
- Business Law
- Tennessee Business Law
- Business Taxes
- Business Formation
- LLC
- Will
- Franchise and Excise Tax
- Guardianship
- General Durable Power of Attorney
- F&E Tax
- Revocable Trust
- IRS
- PLLC
- LLC Formation
- Tennessee Estate Planning
- Trusts
- Employee Gifts
- Beneficiary Deeds
- RMDs
- FinCEN
- Required Minimum Distributions
- Charitable Donation