Write offs

[Big Hearts]

Hey Ladies do any of you know if gifts for daycare kids are a write off? I know it is in the U.S. like for christmas and birthdays, but dont know if we can here.

[mimi]

yes, all gift costs, even to the parents.

[fruitloop]

Yup, it's a write off.

[Big Hearts]

Thanks ladies

[Momof4]

Oh yes, Christmas and birthday gifts and in my first year in business I did a dumb thing and bought Christmas gifts for the parents because I'm a Christmas NUT, but I wrote those off too. Also, write off anything you buy for the children to give to their parents at Christmas, Mothers & Fathers Day.