What is Cash Gifting Anyway?

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By jsteve13


What is Cash Gifting Anyway?

Cash Gifting is group of individuals helping one another achieve wealth. Gifting has been around for years, but has taken on a new life on the internet. Cash Gifting does not involve the exchange of product MLM or any type of network marketing. There is no corporate structure that makes a net income or generates any revenues, there are no paychecks and none of the participants involved earn an income. In some cases, a company may provide marketing and technical support, but their profit does not come from the activity of gifting itself.

Private cash gifting is based on the fact that American and Canadian citizens have the Constitutional right to gift property, cash and other assets. Cash Gifting is 100% legal and the U.S. gifting rules can be found in the IRS Tax Code. Although the Tax Code in the US can be confusing, 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. Of course larger gifts are allowed as well, but they are treated under different guidelines with different tax consequences and we won't address those here. Remember, this is The United States of America and it is our Constitutional right to give as we decide fit.

Gifts are made without an expected return but, the Universal Law of Sowing and Reaping - "give and you shall receive" has an incredible way of proving itself time in and time out Gifting Programs can only be joined by an invitation. Once the invitation has been accepted, the individual is eligible to receive gifts.

No individual in the program has an advantage over any other individual. With a large contact base an individual can literally receive thousands of dollars in gifts every week. John Stevenson has put his own unique spin on marketing cash gifting to others and shares all his methods and secrets with his team members.

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