Sellers- you should be writing off giveaways on taxes!!
There are options sellers can have to deduct costs from taxes via giveaways. Generally they can be promotional items deductions in certain cases or could be considered gifts which can be up to $25 per person (in this case per winner) talk to your accountant to see what applies for you! Hope this helps.
Posted Apr 15, 2025, 7:38 PM UTC
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