Is Cash Gifting Illegal??

Posted by Samsul Mashor
7
Dec 18, 2008
883 Views
IS CASH GIFTING ILLEGAL? This is the most common question before becoming a member of cash gifting club or cash gifting group because receiving cash gift, from anonymous individuals seems to good to be true.

Suprisingly, the answer is NO!! Cash gifting legality falls in the category of "Estate & Gift" and the income tax rules of associate with what the value of the gift was at the time it was given. Cash gifting exists within the IRS tax rules regarding an indivdual's "annual exclusion limit for gift and is why cash gift is not illegal.

In the first place it seems illegal because they will earn money for nothing, unlike tradition dictates that u have to punch a time clock to earn money what u have done. as u can see, more people are taking advantage from these opportunities because its helps others, fun and such an easy to join.

So if u are interested to join cash gifting club or cash gifting group CLICK HERE

This is the most affordable cash gifting ever, its cost u ONLY $5 for the start.
JOIN NOW!!


Best wishes for you
EZYCASHGIFTS.COM

4 people like it
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Comments (5)
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Karl Rose
6

Hi Cheryl,

Well I sure HOPE SOMBODY listens to you. It appears your words are falling on deaf ears. I am NOT saying this to be MEAN but rather to those who go into this... MY advise..DON'T...I DID and was BURNED....luckily I adhered to the 'cease and desist' orders demanded to be by the FEDS and by providing them with info to help them capture the originator of the scheme, I AVOIDED jailtime myself. I really do not want to see anyone get in trouble. LEARN from MY MISTAKE and simply just don't

Dec 24, 2008 Like it
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Cheryl Baumgartner
12

Medical Billing/Coding/Insurance

I hate to be the bearer of bad news but all cash gifting programs are illegal in the US they are pyramid schemes. The tax code does not determine is something is a crime or not. It only deals with the income you receive so your statement that it is legal is a false one. Don't believe me? Ask any state attorney general their opinion.

In a cash gifting program you are giving money to your "sponsor", your sponsor is giving money to those above them in the structure just as you are expecting to

Dec 24, 2008 Like it
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Samsul Mashor
7

Network Marketer

hey kareema,,

thanks for your interest. i recommended u to use personal account at first, then u can upgrade at anytime when your biz start growing.

come join the most affordable cash gifting program

Dec 21, 2008 Like it
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Kareema Z Ratliff
3

Hi Sam,

I have a question about Alert Pay! Which is the best choice to pick! Like PayPal, I see they have 3 choices! Which one did you pick and did you use the cash gifting business as your business or did you choose the personal option?

Please let me know as I'm very interested in the Cash Gifting program! I was going to join another program with a friend of mine, but your startup cost is more reasonable!

Looking forward to hearing from you and Thanks ahead of time for your answer!

Dec 19, 2008 Like it
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LM Hunt
8

Online Business

That is a good point. Just as MLM gets a "bad rap", so do the gifting programs ...

Thanks for letting us know!

Sincerely,
Lea Charlton

Dec 18, 2008 Like it
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