It is getting to that time of year when you might ask your tax accountant about deduction a year-end holiday party.  If you are holding the party for employees, then you can typically deduct 100% of a reasonable party.  If you are holding  a party for your clients, typically only 50% of those related expenses can be deducted.  In addition, if you are giving gifts to your clients remember that you can only deduct $25 in  gift expenses per client.  Feel free to be kind and sweet to people during the holiday season, but realize that everything may not be tax deductible.