Cash gifting is an activity among private individuals. The concept of gifting has been around for as long as time in one format or another. It does not involve the exchange of goods or services, MLM or any type of network marketing. There is no company that makes a profit or generates any revenues, there are no employees, and none of the participants involved “earn" any money or income. In some cases, a company may provide websites, marketing and technical support for a cash gifting program, but their revenues come from marketing and hosting websites not from the activity of cash gifting.
Private cash gifting is based on the fact that American and Canadian citizens have the Constitutional right to gift property, cash and other assets. Cash gifting is 100% legal and the U. S. gifting rules can be found in the IRS Tax Code, Title 26. The law allows for individuals to gift up to $12,000 each calendar year without any tax liability to the giver or receiver.
Although all gifts are made without assumption or an expected return, the Universal Law of Sowing and Reaping - “when you give, you shall receive" has an amazing way of proving itself again and again. Cash gifting programs can be entered only by an exclusive one-to-one invitation. Once the invitation has been accepted, the individual moves from the gifting stage to the receiving stage and begins to receive gifts of their own.
There is no “pyramid structure", no “matrix" or any other structure that would give any participant any advantage over another. Gift amounts are based solely on how many people an individual invites into the program.
John Stevenson holds an MBA in Finance from the Simon School of Business and has been in the Marketing Industry for over 10 years. For more information on cash gifting, please visit: Cash Gifting Changes Lives .