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Posts Tagged ‘cash gifting’

Cash Gifting – Why It Should Be Avoided

Perhaps in your search for how to make money, you have come across a scheme known as cash gifting. There are thousands of websites all over the Internet just waiting to convince you that such a scheme is a great way to make tens of thousands of tax free dollars in very little time. These websites try convince you that they are legitimate by stating that United States IRS Tax Code, Title 26, Sections 2501-2504 and 2511 makes such schemes legal. The pertinent section of the Code states:

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Be the first to comment - What do you think?  Posted by Brian Lett - September 6, 2010 at 1:11 pm

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