Thursday, October 23, 2008

Explore The Realm Of Cash Gifting Programs Today

Business, Ask An Expert.

The truth about cash gifting and taxation - make no mistake: cash gifting is 100% legal in the united states and canada and many other parts of the world. It is a misconception to believe otherwise a misconception that can keep you in the poorhouse.


There has never been a law passed that prohibits us as individuals from sharing our assets, belongings or cash. - from the beginning of time, people have helped other people. Gifting programs allow the receivers to obtain proper housing, start businesses and even send their children to college. Everybody needs help sometimes. Cash gifting systems that are based on honesty and integrity use what is known as the EZ1Up program. Of course, the beauty of it is that with proper promotion you receive far more than you ever gave initially. In a nutshell, this means that you give first and then receive.


You recoup your investment rapidly and many times over! - in essence, you can receive up to$ 11, 000 from any number of individuals without any taxation implications. The United States IRS Tax Code, Section 26 defines explicitly the taxation responsibilities that apply to cash gifting programs. In excess of$ 11, 000, you are required to report the monies received as income and pay a regular income tax on them. They can build up very quickly. It is always advisable to keep a close record of monies received from cash gifting programs.


Pay your taxes on time and diligently and there will be no problems - ever. - there are no bogus products to buy or sell like with mlm programs. Cash gifting is hugely popular now days. Those who have been in MLM programs can finally offer their downlines something that they can actually make money on. You give and then you receive it' s that simple. EZ1Up programs eliminate all of the hype and nonsense that you find with all MLM programs.


Stop wasting your time promoting programs that force you into monthly dues and the promotion of bogus products while simultaneously disallowing you from making any real money. - with the ez1up platform, there is no chance of being cheated. Explore the realm of cash gifting programs today. There are constantly monitored databases that ensure a level playing field for all. Everybody is equal in a cash gifting program. No more are the people at the top of the ladder the only ones to benefit.


Gifting programs are comprised of private groups of like - minded individuals. - they feel good about helping those less fortunate than them. They are people that value the timeless tradition of generosity. They feel even better when others help them back. It is 100% legal. It' s a Win - Win situation for all.


And as long as you pay your taxes, there is only benefit to be gained. - prosper!

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