Still Think that Gifting is a Legitimate Business?

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Written on - Not yet published to a wikizine

I said it once, I will say it again. Gifting programs Are scams. If they weren't the cops wouldnt be busting people left, right and center!

Learn what is the definition what a scam or a pyramid scheme is.

Excerpt from MLMWatchdog.com =

THE INTERNAL REVENUE SERVICE ALLOWS GIFTING

BUT ONLY IF YOU EXPECT NOTHING IN RETURN FOR GIVING

Scammers quote Tax Code Title 26, Sections 2501-2504 and 2511, the IRS says that you may give $12,000 per person to as many individuals as you choose during the course of a calendar year (or $24,000 per married couple), and that these gifts are non-taxable. The IRS makes it quite clear, however, that in order to qualify under Title 26, your gifts must be given with absolutely no expectation of receiving anything in return. The mark of a pyramid scam is flashing around examples of big money earned or to be gotten.

Please please please, research the program or company your thinking of joining to avoid being scammed or unknowingly becoming a scammer. Ignorance is no excuse for the law.

Education = Success

Henrietta