Do high tech gadgets gifts count as marketing expenses?

I am a self employed high-tech consultant with an international practice. I would like to thank some of the great people who help me get and/or execute contracts by offering them high-tech gifts like an iPod, or a digital camera. For tax purposes, can I consider these gifts as marketing expenses and deduct them as such on my Schedule C? If so, is there any limitation on the price of each of those gifts (a digital camera is in the $200-$300 range, same with an iPod)?

Verizon to double ETFs on FiOS TV contracts

You might think that if only Verizon’s FiOS service was available in your area, then life would be nearly perfect. And although FiOS offers some of the fatest internet in the US as well as some of the highest quality HD and a fantastic selection, it isn’t all rosy over there. In fact the service has been riddled with billing issues since its launch in 2005 and in order to take advantage of some of the great promotional offers, you’re forced to sign a two year contract. Up until January 16th 2010, that ETF has been $179, and according to DSL Reports on the 17th, that fee is set to go up to $360. That’s not it though, as Verizon is expected to raise the price of services another $10 or $20 a month. You can of course avoid this by not signing a contract and going month to month, but of course this’ll only work out saving you money if you end up canceling, and really if you had fiber to your home do you really think you’d cancel? Us either. Regardless, if you were thinking of switching to FiOS or taking advantage of a new promotion, we wouldn’t waste any time getting it before the terms change next week. And as always be sure to read the fine print before signing anything.

Verizon to double ETFs on FiOS TV contracts originally appeared on Engadget on Tue, 12 Jan 2010 02:40:00 EST. Please see our terms for use of feeds.

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