When it comes to giving your clients a closing gift, you can typically deduct up to $25 of the gift that you give each person over the year. Remember that if you and a spouse give a gift to that client, you can generally only deduct the cost of one gift. Now, if you are looking to take it to another level, then check with your accountant about if the gift is branded with your information, then you may be able to get a little more.