IS CASH GIFTING LEGAL? SEE WHAT AN IRS AGENT HAS TO SAY



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CASH GIFTING MAY BE AN EASY WAY
TO MAKE MONEY, BUT IS IT LEGAL?
 
The concept of giving a cash gift to someone has been around for years, and before the internet you may remember receiving an envelope explaining if you send a cash gift to the top person removing their name and adding yours to the list, and sending out copies you would start receiving cash gifts. This was known as a chain letter. One main problem is that chain letters are illegal to send though the United States Postal system.
 
Now that the internet has arrived, the question still arises; is cash gifting legal? Can someone send you a cash gift legally, and does it matter if one hundred or even one thousand people send you a cash gift? What if for example over the next 12 months 100 people send you $1000.00. Do you have to pay taxes to the IRS on what you receive?
 
We wondered the same thing and decided to put the question to rest. So we contacted the IRS directly and asked them some of these same questions. We recorded the call and posted it on our website. If you click on the link below and then click on "Get The Facts" at the bottom of the webpage, you’ll see a button “Common Questions”, there you can listen in on a conversation with an IRS agent regarding cash gifting! http://success247.prosperity2people.com
 
 
Vince Cantrell
Contact me by email
(517) 803-2242

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About the Author: Vince Cantrell

Member Since: 03/09/2008

Industry: Business Opportunities

Primary Web Site: http://www.TopSecretRecruitingSystem.com

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