Cash Bash

Donations in cash? What ...? What do you mean $ 500 or $ 1,000 per day? Sounds Fishy

I hear this question, see this issue, and I get asked this question all the time. So if you want the truth ...

Is it legal ...

Whether that is true ..

Is this a scam ...

Can you make the boat loads money at home ...

etc.. etc..

Well, I suggest you read this article in full, because your answers are here!

Hmmmm ... Is it true ... Yeah, it is ... By definition.

THE GIFT OF CASH

In the eyes of the IRS you can offer up to $ 10,000 for a person without any tax liability on either party. (Just keep reading because I will prove that later in this article ...)

CASH-ING GIFT

Now it's different. People who engage in this activity do so with a way to make a profit. Plain and simple ...

Yeah, yeah you can hear the claims of giving and receiving and you have all that and all that, but at the end of the day if you participate in an activity that you want to donate money.

THE GIFT OF CASH - cash gifting tie-in

Ok if you combine the rules of the IRS cash donation, and the art of Cash Gifting, you have a system to receive cash.

Some programs have entry levels: $ 100, $ 500, 1000, $ 2000, 3500, $ 6,000, $ 18,000 or even $ 25,000!

The level you register in the level that you can receive. So if you come to a level of $ 1,500, you can receive a maximum grant of $ 1,500. If you sign someone who presents at a lower level than you did, you will receive the entire donation.

If you sign someone and they come in a higher level than you did, you get the amount you have on the rest of it rolls to the next person above you that this allowable amount.

But this is where it all goes wrong. If you have a person who joins a 'Cash Gifting Program' and then they do not advertise (ie try to invite others to the activity) ... Guess what .... The rules of the cash donation is affixed to your head. Legally you gave a gift to John Doe in the video for $ 10,000. John Doe has no tax liability, or that you do and it was not because of John Doe that you have no money.

The downside is that if you register in order to master the art of Cash Gifting you will receive tax breaks a lot of people. It's a good thing, because the law says you can not donate more than $ 10,000 for a single person, but it does not specify that you can not receive cash donations from multiple different people.

The problem occurs when the person with the intention of receiving a gift from others, do not post more. The same situation occurs in 97% of home business where a person starts to advertise or spread the word about it is what we call business.

Due to the lack of advertisng experience, it is easy to give up after only reach a few people and make some not, and simply quit. These are the very people who wonder why they are not millionaires overnight. (Go Figure)

STATE OF THUMB # 1 - You are not special or individual you think. The same reason you linked to whatever business you will be the same reason, others will join you. Just sort the numbers!

How can you expect to receive anything if we do not know who to give them to?

Here are the facts on cash GIFT-ING

First, you'll never stop the activity. He will be here as long as we are, whether you like it or not, there are people who have long since left their jobs, but do not donate cash (if done right), and I am one them. Thus, until the end of time, there will be two types of people:

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