Exactly How Cash Gifting is 100% Legitimate. Secrets Exposed. By Progress Dixon
1) The IRS Tax code Title 29 and Publication 950. 5) The Gifting Statement and Non-Solicitation forms we sign are binding between two individuals. High profile lawyers were brought in to ensure the wording and content would make this activity 100% legal, thus ensuring the longevity of the program.
2) It is NOT pyramidal, but linear in structure. There's no "fat cat" at the top benefiting from others. A person starting today can easily generate more money than someone that's been in a year. Copy cat programs in the past were closed because of this illegal structure, which we are NOT.
3) It is a private activity and by invitation only. There are no open forums, meetings, or conferences. All guidelines are stated in the back office.
4) You can give and receive up to $12,000 (effective Jan. 1, 2006) from any one person within a calendar year. Of course, $3500 is the most we give or receive (well within the IRS guidelines).
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