Making the Tag
Get started by creating a new layer. Click "Edit" and then "Fill" to set the contents to white. Next, select the Photoshop "Polygonal Lasso Tool" and make sure your feathering is set to "0".
Now, use your polygonal lasso tool to draw a rough outline of the bottom part of a gift box. This is a Christmas present for Pete's sake, so don't make it perfectly rectangular!
Next, paste it onto to a transparent layer. Create a lid for your box from your color paper layer and paste it to a transparent layer. Now, view only your white layer and your box layers and you should see something like this.
Now, activate the box lid layer in Photoshop and we will give it a drop shadow. Do this by selecting the layer and then clicking the "Layer Style" option in the "Layers" window. Choose the "Drop shadow" option and then set the shadow distance to "2" and then size to "6" (choose whatever settings you like).
You now have a drop shadow on the lid. Now you can hold down the <ALT> key and drag the fx symbol to the box layer. This copies the settings from your firsts shadow so you don't have to create it all over again.
Of course, if you want to, you can manually create a separate drop shadow for your box.
Now you need a ribbon. Since we don't have a ribbon handy, we'll just grab a flower from Wikimedia and use it as a ribbon.
Just place the image into your Photoshop document. You can use the "Magic Background Eraser" tool to remove the background and then you can place the flower behind the box layers so it looks like a ribbon.
OK. We're almost done making a Christmas gift tag. Grab the text tool and add some words to your package. Here we use "Merry Christmas," "To:" and "From."
When you are happy with the image you have created, click on "Layers" from the main menu and then choose "Merge Visible." You might want to save your file with a different name in case you want to change your gift tag later.
Now, activate your white layer and then duplicate your image by pressing <CTRL><J> and place images on your page. Of course, you can resize your image to fit either more or fewer items on a page.
Print out your creation, separate the Christmas gift tags and have a Merry Christmas.
Image Credit: Wikimedia Commons/Nino Barbieri
Image Credits: Screen shots taken by Bruce Tyson