Cash Gifting - Cash Tracking System
- Author Careece Chichester
- Published September 30, 2010
- Word count 558
Doing your Cash Gifting due diligence? I've been involved in Cash Gifting for years and have receive hundreds of thousands to my front door by overnight carriers like FedEx, USP and DHL. My main marketing methods are Google Adwords, Google search, Postcards, Phone Broadcasting and Real Time Redirected Leads.
Before I got involved with Cash Gifting I was and still am a full time investor. So I know how leverage what's and cash flow what's. Learn alot about leverage from Robert T. Kiyosaki his book Rich Dad, Poor Dad (highly recommend it). My experiences with law of attraction has benefited my greatly in Cash Gifting and other income opportunities online/offline.
Cash Gifting is becoming a more popular alternative to a traditional home based business. There is no product to move with Cash Gifting in addition to no cold calling or heavy recruiting. Cash Gifting is NOT a ponzi/pyramid scheme of any kind and is perfectly legal according to the Internal Revenue Service in the states.
Do you know that 97 of the world population? Do you want to be a part of the 3% population (on the other side of the fence)? You can become rich by Cash Gifting leveraging! Right now I'm currently involved in a Cash Gifting activity called Cash Tracking System. It did not need any selling, convincing and explaining on my part. All I do is send people (like you) that are doing their Cash Gifting due diligence to my website. They opt-in as a qualified prospect then review the 7 step video presentation and make their Cash Gifting pledge of $500, $1000, $2000 (or all 3 cash gifts to join at the $3500 level).
What is Cash Gifting?
Cash Gifting is a concept embraced by private groups of individuals and has been in existence for many years. Our Cash Gifting activity is private and does not involve network marketing, multi-level marketing, or a business or commercial activity. There are no business transactions, investments and/or securities involved in this Cash Gifting activity.
The concept of private Cash Gifting is based upon the fact that both American and Canadian citizens as well as other countries, have the Constitutional right to gift property, cash and other assets, and are subject to the rules and regulations established by the laws. The U.S. Cash Gifting rules are found in the IRS Tax Code, Title 26, Sections 2501-2504 and 2511.
The law states that one or more individuals can give a gift to another individual of up to $13,000 each per calendar year without any tax liability (tax-free) to either the giver or receiver of the gift, because the tax on the gift has already been paid. These gifts are not included in the gross income of the recipient.
Is Cash Gifting legal?
Absolutely. People from around the world have participated in organized Cash Gifting for over 300 years, including churches and civic groups. Laws state that it is legal for individuals to exchange gifts. In the United States we have the Preamble, the Constitution and the Bill of Rights to protect a private citizen's rights to earn, pay taxes and give away property and cash as long as it is done according to the laws and codes of this country
In Cash Gifting you're required to fill out a Cash Gifting statement between two individuals. A "Gifting Statement" and the "Non Solicitation Statement" for each beneficiary.
Article Author: Careece, has been writing articles online for over 3 years now. He has been a successful online Cash Gifting entrepreneur for 5 years. Cash Gifting is his primary cash leveraging activity. Currently he's in The #1 Cash Gifting Activity Online Today at: Cash Tracking System
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