Article Date:
January 2010


Word Count:
271

 

 

Starbucks Gift Cards for Business Promotion


To stay in touch and promote my business, I buy dozens and dozens of Starbucks $5 gift cards and send them monthly to my prospects and referral sources. Can I write off the $5 cards? (L.C., Columbia, MD)

 

You’ve probably heard the expression “between a rock and a hard place.” That’s where your Starbucks gift cards fall. The law is going to treat your $5 Starbucks cards as business gifts.

 

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