Don't overlook these!
Updated for 2012
A qualified plan award for length of service or safety achievement includes:
You may deduct up to $1,600 for all qualified plan awards (length of time and safety) given to the same employee during the year.
The overall $1,600 applies if the same employee receives some qualified plans awards and some non-qualified plan awards.
The maximum annual deduction for non-qualified plans awards for each employee is $400.
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