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Feeds for Rhonda Cates's BlogFather Feed [ This RSS feed is published by Rhonda Cates. ]1. Cash Gifting Is It Legal?... Cash Gifting Is It Legal?...
Current info about Cash
Gifting is not always the easiest thing to locate.
Fortunately, this report includes the latest Cash Gifting info
available.
If your Cash Gifting facts are out-of-date, how will that affect your
actions and decisions? Make certain you don't let important Cash
Gifting information slip by you.
Is Residual Cash Forever
Legal Cash Gifting
Program?
Is Residual Cash Forever a
legal gifting program? The cash gifting laws
are clear that there is a right way and a wrong way to receive residual
cash
gifts, so for those concerned about a cash gifting scam take the time
to get educated. Residual Cash Forever is the best program thats
affordable for everyone, and when you go to our site youll see why.
The IRS is very clear in the Tax Code that gifting IS legal. Detailed
information is found in the IRS Tax Code Title 29, Publication 950, and
in Title 26, Sections 2501-2504 and 2511. The key is that if you give a
gift you must give without the expectation of receiving anything in
return for it not to be taxable.
So how did gifting get such a poor reputation through the years?
Simply, there were several gifting
communities that not only were
structured incorrectly from the onset, but participants were required
to recruit others to join, and thats a big no-no. The bottom line is
that if you choose to join a gifting community you should do so with
the desire to help others. If you then benefit in the process that is a
gift, not a requirement or expectation.
Residual Cash Forever is the
cash gifting program that we are recommending for several
reasons. First, the leaders are cash gifting veterans who are well
versed in the >gifting
laws
so they have set up the structure of the community properly. Second,
there is no 1up in the program which requires a participant to pass up
their first gift to their inviter. There are also no monthly or annual
fees with the program, and excellent support is available in the back
office in terms of training and developing cash gifting leads.
Take time to consider the points presented above. What you learn may
help you overcome your hesitation to take action.:
"http://www.catesresidualcash.com">
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