I found these labels and also the designs in my header here. They are for those who love to play in Paint Shop Pro, but maybe they can be adjusted for other programs like Photoshop. I don't know too much about Photoshop and I haven't investigated the site fully yet as this is the first thing that popped up on my search.
Feel free to use the ones I have made. They would be easy enough to be transferred onto a word document for printing out, or as Jeanne suggested in my comments, print them on Avery address labels where you can just stick them on gifts.
Linda Kay and Valerie said they recycled old Christmas Cards to use for this year's gift tags. That's another great idea and that's why I love reading your comments, because you give such great ideas.
Thank you again for leaving all those wonderful comments throughout the year.