We're making chocolate pistachio biscotti for friends and family. As a treat for ourselves, my wife is going to make a gateau sirop and some butter tarts of course.
In addition, we always gift some of the preserves I made in the Summer/Fall. This year it's strawberry syrup, grape jelly and cranberry preserves.
Next year we're hosting Christmas in our new old house, so it'll get more serious with shortbread, ginger cookies, mincemeat pies, carrot pudding w/bourbon sauce and who knows what else at this point.