Ever Wonder What the IRS Says About Cash Gifting?

Here is some proof positive that Cash Gifting is a legal and Tax-free activity if done properl, following correct guidelines.  This is what makes the Global Gifting System so powerful is that Rob Abrams has been doing this for a long time, and he knows how to do it right.  Go to my biz sheet and watch this video of a live talk with an IRS agent and then go to my site and get all of the details on the Global Gifting System.

http://business4profitsystem.com/bizsheet/gmadden2

Just what is Cash Gifting?

First of all, it is NOT a business. There is NO company behind it and no products bought or sold. Is that a good thing? I think so because I am not paying a company to provide me with anything and therefore am NOT dependent upon a company over which I have no control. Originally, I was concerned about there not being a product sold but, after intense research I realized that since Cash Gifting is NOT a business, there is no need for a product. It is simply an activity of like-minded individuals who choose to bless others with the understanding that to bless is to be blessed.

In a typical “direct sales” type of business, one must continually spend money on over-priced products which may or may not even be used, simply to justify its existence as a business. I remember in the 1980’s being involved with a Network Marketing business that got in trouble because its members were quickly moving up the ladder and making “quick profits” because they were selling several thousand dollars worth of product to each new member, but the products were only stacking up in the garages of those persons.

Cash Gifting is an activity that has been practiced for centuries as people and societies have banded together to benefit one another by financial gifts and acts of kindness. With an internet based Gifting community, one simply has a way to connect with others interested in giving and receiving. There really is NO promise of receiving.

When I gave my first gift, I knew full well that I had no guarantee to receive anything in return. However, I knew that there was a “law of reciprocity” that if you give, you will receive. It is as certain as the “law of gravity.” A closed hand never can receive, but an open hand always receives. I simply gave with a genuine abandon to bless someone I did not even know trusting in the “law of reciprocity.”

Finally, simply put, Cash Gifting is the act of privately or publicly giving another person a sum of cash (strictly as a gift) and doing so freely without coercion or false consideration. There is NO network marketing, multi-level marketing, or a business or commercial activity. There are no business transactions, investments and/or securities involved in this activity. There\'s no business or company name or location and there are no directors, officers, shareholders or principals.

Individuals simply support each other in a team concept and help change lives. To learn more about a gifting system that provides immediate residual cash please visit:

Cash4Life