Lisa, a local business owner in Cedar City, Utah, wanted to…

Written by Anonymous on July 17, 2026 in Uncategorized with no comments.

Questions

Lisа, а lоcаl business оwner in Cedar City, Utah, wanted tо do something special for a long-time loyal client.  She gave the client a gift that cost her $50.00.  It cost her an additional $2.00 to have it gift wrapped.  Also, she paid $8.00 to mail the gift to the client in Idaho.  She also included a box of promotional items such as pens, coffee mugs, and t-shirts, all with her company logo on them,  which cost her $30.00  On Lisa's Schedule C what is her total allowable deduction relating to the above expenses?

Comments are closed.