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.
Lets first define cash gifting. Cash gifting is the act of giving money to someone without the expectation that you will recieve anything in return. There are no actual products in cash gifting.
After your "sponsor" has recieved the gift, you can now begin recieving these gifts as well if you can trick someone into sending it. The consumer will want to ask themselves the question "am i comfortable with this business structure?" before proceeding.
Are there any reputable cash gifting companies out there? Good question and its a bit like saying "are there any nice terrorists?" These companies will shoot up and dissapear overnight due to the nature of the so called industry.
The laws on this subject are governed by the IRS. The IRS stays ontop of this industry so they can limit the number of people being seperated from their hard earned money.
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? - 16069
Lets first define cash gifting. Cash gifting is the act of giving money to someone without the expectation that you will recieve anything in return. There are no actual products in cash gifting.
After your "sponsor" has recieved the gift, you can now begin recieving these gifts as well if you can trick someone into sending it. The consumer will want to ask themselves the question "am i comfortable with this business structure?" before proceeding.
Are there any reputable cash gifting companies out there? Good question and its a bit like saying "are there any nice terrorists?" These companies will shoot up and dissapear overnight due to the nature of the so called industry.
The laws on this subject are governed by the IRS. The IRS stays ontop of this industry so they can limit the number of people being seperated from their hard earned money.
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? - 16069
About the Author:
The Author Runs Several Businesses, a Top Mentor and helps people Find the Right Job Online.