Cash Gifting Expert Shares Tax Free Income Possibilities
- Author Mike Hammer
- Published May 28, 2009
- Word count 595
If you have never heard of Cash Gifting or The People’s Program, then you want to check out Mike Hammer’s new website: http://www.thepeoplewin.com . Mike Hammer, a cash gifting expert, has tied into The People’s Program to offer invitees a unique and easy way to build tax free income for the rest of their lifetimes. While there are many types of new home-based internet and Multi-level-marketing businesses out there today, Mike, the cash gifting expert, can guide you through why this tax free option beats them all hands-down. Cash gifting and becoming a cash gifting expert yourself is unique in that you don’t have to sell to any family or friends, and you do not have to carry an inventory of products, vitamins, lotions, etc.
First, you might be asking yourself, what exactly is a cash gifting expert and what is private cash gifting? Private gifting is simply a group of individuals, like the cash gifting expert Mike, supporting each other in a team approach helping change people’s lives. The concept of private gifting is based upon the fact that private citizens have the legal right to gift property, cash and other assets subject to the rules and regulations established by the laws. The U.S. gifting rules are found in the IRS Tax Code, Title 26, Sections 2501-2504 and 2511. The cash gifting expert can help you understand these rules in more detail.
Essentially, the law indicates that one or more individuals can give a gift to another individual of up to $12,000 each, per calendar year without any tax liability for either party involved in the gift (the giver or receiver). As a quick side note, you should always consult your CPA and/or attorney when deciding how to treat gifts and when to pay taxes or not. This presentation does not represent actually giving legal or tax advice. The reader is simply made aware of the cash gifting expert and The People’s Program as options to investigate when looking to build income from home.
The cash gifting expert can also tell you the other details of the program. For example, just a few things you can discuss with the cash gifting expert:
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FREE Website tools that capture your leads and then later converted using hands-off marketing and prospecting, exclusive resource centers and training available.
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Different TPP Enrollment levels – You can enroll at a level with as little as $150 or you can enroll at the $10,000 market. There are zero qualifiers needed.
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Residual Cash Gifts including cash gifts when members, or members of members upgrade their own enrollment level - Let the cash gifting expert discuss how the residual and roll up cash gifting works. In a nutshell, the higher the enrollment level of both you and the prospect enrolling in the group, the more cash is paid out to you. Not only are direct enrollment paid out in larger amounts, but the residual amounts to roll up are larger as well.
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Automatic upgrades (called the cash credit system). The cash gifting expert can explain how a member or member’s member enrolls in a level that is beyond your own current level, you are automatically upgraded to that same level.
There are many other great benefits, that cannot all be listed here, to becoming a cash gifting expert yourself; so you might consider getting started today. It is absolutely critical to discuss your options with your cash gifting expert, Mike Hammer, before you get started in any home based, door to door, MLM or other type employment system.
Michael Hammer lives outside of Lincoln, Nebraska. He lived a fairly normal life until a tragic accident paralyzed him from the chest down. As a result, Michael was forced to find a new way of making a living. Since that time he has become an MLM and cash gifting expert and has been running his cash gifting business from his home. For more information visit the website at http://www.thepeoplewin.com.
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