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Gifts are neither taxable or deductible on your tax return. Any gift to an individual that exceeds $14,000 in a year requires a separate gift tax return to be filed (form 709) by the giver - the receiver of the gift does not report anything. It will not be immediately taxable, but will reduce your lifetime exclusion.

The only person you can give a gift to that is exempt from the gift tax is your spouse. Gifts to your spouse qualify for the marital deduction. You do not have to pay tax on gifts that are less than the annual exclusion limit, which generally changes every year. Currently, the annual exclusion is $14,000 per recipient.

In general, the company gift allows the company to express appreciation for the relationship that exists between a given party and the company. The gift also signifies that the company feels it has benefited from the relationship and wishes to continue enjoying the benefits associated with the connection.

Birthday gifs, anniversary gifts, get well gifts, congratulatory gifts, appreciation gifts, business gifts, new baby gifts are some category of gift occasions that one can buy from.

Flowers can be given for housewarming gifts, as a host or hostess gift, for a birthday or a Valentine's Day gift. According to AboutFlowers.com, flowers are one of the most frequent gifts given to say "I Love You" and when you need to say "I'm Sorry." Flowers can be given for almost every occasion. With the vast variety of flowers and plants knowin