You see cash gifting all over the internet, but is it legal and is it for you. This review will touch on both of these questions.
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.
Once you give this donation to your upline sponser, you are eligible to recieve "gifts" yourself. The question to ask yourself here is does this sound legit to you and does it fit within your moral compass.
The next question is usually which are the good companies and this is an easy one to answer. Any business that will be here one month and gone the next is not a reputable company. We see this a lot in cash gifting, mainly due to the regulations we will talk about next.
IRS law on cash gifting are very strict and they continually update them in an attempt to stop people from getting scammed.
As far as a business structure goes, its not that different than a lot of other internet companies. THey will get leads from people who visit the website and opt in. NOtice however that they will never show their face on these websites. Strike you a weird?
I can understand where they are coming from, what boggles me is how they can get people to actually send these gifts without a better knowledge of who they are dealing with.
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.
With so many reputable ways to make money at home or on the internet today, the question is do you want to be one of these people? - 16755
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.
Once you give this donation to your upline sponser, you are eligible to recieve "gifts" yourself. The question to ask yourself here is does this sound legit to you and does it fit within your moral compass.
The next question is usually which are the good companies and this is an easy one to answer. Any business that will be here one month and gone the next is not a reputable company. We see this a lot in cash gifting, mainly due to the regulations we will talk about next.
IRS law on cash gifting are very strict and they continually update them in an attempt to stop people from getting scammed.
As far as a business structure goes, its not that different than a lot of other internet companies. THey will get leads from people who visit the website and opt in. NOtice however that they will never show their face on these websites. Strike you a weird?
I can understand where they are coming from, what boggles me is how they can get people to actually send these gifts without a better knowledge of who they are dealing with.
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.
With so many reputable ways to make money at home or on the internet today, the question is do you want to be one of these people? - 16755
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