Unless you live under a rock you have probably heard about cash gifting and maybe even have seen a few different programs out there. What people want to know, whether they are getting involved in a gifting program or some other money making system, is whether or not it will work for them.

First off, ask yourself if the gifting activity works. I mean, are there people out there that make money with a program like this? Of course there are, there are some folks that generate thousands of dollars a day in cash gifts. You've seen the videos on YouTube, or some other video directory, where the guy or gal is pulling hundreds out of a envelope, some even pulling out multiple packages per day.

Is it possible that some of these folks are lying to you and faking the money in the packages? Ah, Yeah, but there are those that aren't...I promise I know this for a fact. If you can learn to market your program effectively, you too will receive gifts.

What about the legality of gifting? Is this activity legal? While there are specific rules regarding how you market a gifting system, there are no laws stating that you cannot give money to someone. In fact, don't you think it is a bit ridiculous that there is someone out there actually watching what consenting adults are doing with their own money?

In terms of the IRS and how your tax liability could change due to gifts received, you can refer to IRS publication 950, which deals with the estate and gift tax. According to this publication, you may receive up to $13,000 per year per person before you are required to pay taxes on the gift. The reason for this is because the money that someone is sending you has already been taxed and while the government would really like to tax this money over and over, at this time they can't.

Ultimately, the most important questions is this: Will cash gifting work for me? In the end, isn't that all anyone cares about. You can hear all the stories about how so and so was able to pay off their house or buy a new car because of their gifting program, and while this sounds great, you really just want to know if you can do the same thing as the heavy-hitters. Look, this doesn't matter if we are talking about a gifting program or mlm or some type of affiliate or direct selling program, if you can learn how to market your program online, you will be successful with it. I don't care what you are pushing, you will do well.

Today, with all of the people out there negatively impacted by the economy, most just need to find a way to supplement their income or even replace it all together. While there is a lot of hype on the Internet for many different money making programs, cash gifting, once you learn how to market it, can be very effective at providing you some financial relief.