What is a money-gifting system?

Answer Money-gifting systems offer compensation to individuals who pay membership fees and recruit new members. State and federal laws consider money-gifting systems illegal when participants expect a ret... Read More »

Top Q&A For: What is a money-gifting system

What is a gifting lounge?

With several popular film festivals occurring around the world, fashion merchandisers scramble to have their products associated with them. Sundance, Cannes and Toronto film festivals attract wide ... Read More »

When is gifting legal?

Most of the time, gift-giving is legal as long as the recipient can prove the donor was not coerced or forced to give the gift. Since everyone has a legal right to transfer property, most courts co... Read More »

Is cash gifting legal in the U.S.?

Cash gifting is legal in the United States. There is no maximum to the amount of cash you can gift to another person. However, cash gifts over $13,000 are subject to taxation from the Internal Reve... Read More »

Does cash gifting really work?

On One Hand: Cash Gifting is a ScamTo qualify under IRS rules, when you give cash in order to avoid taxes on your estate, you can give up to $12,000 each year, but you must give the money without r... Read More »