Can Cash Gifting Be Legal?
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Can Cash Gifting Be Legal?
I get asked all the time if cash gifting is legal. It seems that a lot of people think that if large amounts of cash are being exchanged then the program must be a scam. Let me make it perfectly clear...cash gifting is completely legal.
Although the Tax Code in the United StatesUS can be complicated it is clearly stated in IRS Tax Code Title 29 and Publication 950 that cash gifts up to $12,000 per person per calendar year are allowed. Remember, this is The United States of America and it is our our right as citizens to give and receive freely as we like.
Gift amounts are based upon how many people you can invite onto your team...not how many people are under you. There is no mystery to cash gifting success...it's just marketing.
I was skeptical of cash gifting before I got started. There is a ton of hype surrounding just about every program on the internet whether it's cash gifting or a make money at home opportunity. The reality is there are thousands of individuals that have joined gifting programs and literally changed their lives. Cash gifting just works.
Like anything else in life, you get out what you put in. It's important to join a solid team with a montor that can get you started quickly.
Yet, the universe has a strange way of rewarding those that give to others. Not to mention its a lot of fun to receive cash in overnight packages everyday.
Please visit my website for more information on how cash gifting has changed hundreds of lives including my own.
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