Distributing Christmas gifts to customers and employees is a long accepted ordinary and necessary business practice

December 23, 2016

  • 220 Internal Revenue
  • 220V Income Taxes
  • 220V(I) Deductions
  • 220V(I)2 Expenses
  • 220k3314 Expenses of Trade or Business
  • 220k3318 Ordinary and Necessary Expenses

12-23-16Distributing gifts or bonuses to customers and employees, particularly at Christmas, has long been accepted as an ordinary and necessary business practice, for purposes of business expense deduction.

Leschke v. C.I.R., 2001 WL 88264 (U.S.Tax Ct., 2001)