Year-End Savings & Festive Cheer: How Custom Printed Merch Can Benefit Your Business This Season!11/5/2024 As the year wraps up and cheer fills the air, it’s also the perfect time to think about year-end planning for your business. Did you know that custom printed merchandise can be more than just festive gifts? When used strategically, custom merch can offer some valuable tax benefits for your business! 🎄✨ Let’s break down how ordering custom merch for your team and clients can not only spread cheer but potentially help with tax savings, too! 1. OUTFIT YOUR TEAM WITH BRANDED UNIFORMS. Branded uniforms add a professional look and keep your team cozy and unified during the holiday rush! If these uniforms are branded and strictly for work purposes, they can often be a deductible business expense. This means that providing your team with stylish, branded attire doesn’t just make them feel good—it can also help you save a bit on taxes. 2. SHOW APPRECIATION WITH EMPLOYEE GIFTS Nothing says “thank you” like a thoughtful gift! Custom shirts, hoodies, or tote bags with your brand’s logo make meaningful, memorable gifts. Better yet, if they’re within the allowable annual limit, these small gifts can be deductible. You can show appreciation to your team with branded gifts that feel personal. 🎁😊 3. SPREAD THE CHEER WITH PROMOTIONAL MERCHANDISE Are you planning a holiday event, or do you want to give out festive branded items to clients? Custom merchandise for giveaways or events, like T-shirts, branded totes, or even business-themed swag bags, can qualify as marketing or promotional expenses, which are often tax-deductible. 4. END THE YEAR STRONG; BOOST YOUR BRAND AND SAVE. Whether it’s employee gifts, uniforms, or event swag, custom merch is a powerful way to spread cheer while enhancing your brand’s visibility. Ordering merch now could help reduce your taxable income for the year—think about it as a win-win for your brand and your bottom line! EASY-PEASY RECOMMENDATION: TOTE BAGS. REMEMBER TO CONSULT YOUR TAX PROFESSIONAL
While custom merch offers plenty of benefits, always check with a tax professional to confirm how these deductions apply to your business specifically. They can ensure you’re maximizing these benefits in compliance with local tax laws. READY TO ORDER YOUR BUSINESS MERCH? Don’t wait until the last minute. Reach out to us today to start designing your business merch and give your team, clients, and brand something memorable to celebrate. 🎅💌 |