Client Christmas gift that we will all need soon

[PATAX]

Client dropped off renpho eyeris 1. Looks really nice, relaxation for Sore Eyes, which all of you are going to be needing soon. For me I need it everyday, that's what happens when you got pop bottles 🤓

[BobKamman]

Those things cost $80 or more.  Is he going to deduct it?  Are you going to report it?

[Strongsilence-CPA]

gift tax?

[PATAX]

@Strongsilence-CPA @BobKamman sounds like you two have been sipping the eggnog already.😉

[Strongsilence-CPA · Accepted solution]

Lemons are in season here in So Cal so I have been enjoying Whisky sours!  Ha ha.

I have so many nice clients and I'm glad you got 'em too!

[BobKamman]

@Strongsilence-CPA Lemons are always in season, you can harvest each tree three or four times a year.  Grapefruit and oranges are almost ripe here in the irrigated parts of the desert, my clients bring me enough during tax season that I freeze some of the juice and it lasts till summer.  

[IRonMaN]

@PATAX - that is probably going to knock you into a higher tax bracket.  They should have waited until the first of the year to defer that tax liability for you.

[PATAX]

@IRonMaN that's okay, if they would have waited until next year, then my pop bottles would be even thicker.🤓