So the question on everyone's mind is can you make money with cash gifting and is it legal? The answers to both of these questions is a little gray.
First lets touch on what cash gifting really is. Cash gifting is the process in which one person will send a gift of pure cash to another person with absolutely no products to show for it.
The gift is given to gain access to the system in which you will be able to recieve cash gifts in return. This is often the first sticking point for people morally.
Are there any reputable cash gifting companies out there? Good question and its a bit like saying "are there any nice terrorists?" These companies will shoot up and dissapear overnight due to the nature of the so called industry.
The IRS watches these programs very carefully and as long as they stay within very specific rules for gufting, they are legal, but this is a very fine line and the IRS is very stringent on this issues and changes the laws regularly.
One of the main differences in business structure these folks have versus a normal internet business is that they do not want to brand themselves. Notice they will never show their face and dont want you to know them. This should cause people to raise an eyebrow.
It makes sense why they would not want to show their face, its just astounding that they can get people to actually send them money in the mail without knowing anything about them.
Ultimately the decision is yours alone. I am sure there have been a few people who have made some money in this program and have been able to dodge the IRS.
After reviewing this business it is my recommendation that consumers should try to find a different home based business that can actually lead to lasting and residual wealth. There are many options out there today. - 15431
First lets touch on what cash gifting really is. Cash gifting is the process in which one person will send a gift of pure cash to another person with absolutely no products to show for it.
The gift is given to gain access to the system in which you will be able to recieve cash gifts in return. This is often the first sticking point for people morally.
Are there any reputable cash gifting companies out there? Good question and its a bit like saying "are there any nice terrorists?" These companies will shoot up and dissapear overnight due to the nature of the so called industry.
The IRS watches these programs very carefully and as long as they stay within very specific rules for gufting, they are legal, but this is a very fine line and the IRS is very stringent on this issues and changes the laws regularly.
One of the main differences in business structure these folks have versus a normal internet business is that they do not want to brand themselves. Notice they will never show their face and dont want you to know them. This should cause people to raise an eyebrow.
It makes sense why they would not want to show their face, its just astounding that they can get people to actually send them money in the mail without knowing anything about them.
Ultimately the decision is yours alone. I am sure there have been a few people who have made some money in this program and have been able to dodge the IRS.
After reviewing this business it is my recommendation that consumers should try to find a different home based business that can actually lead to lasting and residual wealth. There are many options out there today. - 15431
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