Cash Gifting Most Frequently Asked Questions
Aaron Miller
1. What is Cash Gifting?
Cash gifting is a concept embraced by private groups of individuals and has been in existence for many years. Our private activity does not involve network marketing, multi-level marketing, or a business or commercial activity. There are no business transactions, investments and/or securities involved in this activity. There is no business or company name or location and there are no directors, officers, shareholders or principals. Individuals simply support each other in a team concept and help change lives.
THIS IS NOT A PYRAMID TYPE GIFTING PROGRAM...THOSE ARE ILLEGAL AND THIS IS DEFINITELY NOT ILLEGAL!
The concept of cash gifting is based upon the fact that both American and Canadian citizens have the Constitutional right to gift property, cash and other assets, and are subject to the rules and regulations established by the laws. The U.S. gifting rules are found in the IRS Tax Code, Title 26, Sections 2501-2504 and 2511.
The law states that one or more individuals can give a gift to another individual of up to $12,000 each per calendar year without any tax liability to either the giver or receiver of the gift, because the tax on the gift has already been paid. WE ARE NOT GIVING TAX ADVICE! Please consult a local CPA regarding your decision to pay taxes on your gifts or not.
2. Is cash gifting legal?
Cash Gifting itself does not break any U.S. laws at all. However, not all cash gifting programs are legal. The IRS guidelines on gifting are very specific as you saw on the previous page. The FCC has nothing against cash gifting, except for one program that has been shut down in which people participated in a pyramid scheme and promises were made to prospects. We use a linear structure which mathematically cannot collapse; it is used by many direct sales companies, insurance companies, etc.
We don't make any promises or guarantees, and you are given all of the information you need to know before signing up. There won't be hidden fees or costs. Everything is openly explained to you in this website, so there are no surprises and for instance, we are well within the law.
3. Cash Gifting looks too good to be true, what's the catch?
Mom and dad always told me if something seemed too good to be true, it probably was. However, when it comes to our system, we're not offering you something for nothing or overnight riches. It takes a lot of work to make this system function as the well-oiled cash making machine that it is, but we outsource all of it so at the end, you, the member, benefits from other people's time as the heavy lifting is done by the wonderful folks we hire.
Your boss makes money off of you. His position is too good to be true. He doesn't work as hard as you do, but he makes all the money. Yet it is reality, and it's no different than what we do here. We outsource our advertising, website coding and set up, even the closing of our prospects gets outsourced. You could do all this work yourself but you would need months of training to do it as well as our staff does it.
4. What do I get in return for my money? What am I buying?
Cash Gifting is a private activity in which individuals gift each other money. There is nothing being sold, nothing being bought, there are no transactions and this is not a business. It is a private activity to which you need to be invited. If you're looking for a home-based opportunity to generate income, cash gifting has almost 500% better conversions than any direct sales or MLM opportunity out there. This means that cash gifting is more appealing to the masses, they are not being sold anything and they don't need to sell anything to anyone either.
5. Why would someone want to send me free cash?
People will send you cash pledges for the same reason you would send your inviter a cash pledge - because they want to be a part of a team of folks who help each other generate above average income, they want the convenience of outsourcing and automation, and they like the idea of having their own high producing website that generates them cash on autopilot, even when they sleep. That's why :)
6. Does this take any investment on my part?
A cash pledge is not an investment. Participation in this cash gifting activity does require a cash pledge. Levels of participation are (US dollars): $150, $250, $500, $1000, $2500, $3500 and $5000.
7. Can I upgrade if I sign up at a lower level?
Yes. You may upgrade AT ANY TIME simply by paying the DIFFERENCE between the level you're currently at and the level you wish to join. For example: If you come in at the $250 and you wish to upgrade to the $1,000 level, you would simply pay the difference which would be $750.
HOWEVER, ALS brings a VERY UNIQUE concept to the table which allows you to UPGRADE without ANYMORE OUT OF POCKET COSTS!
Introducing...The ALS Cash Credit System
ALS has come up with a revolutionary new concept that allows EVERYONE to benefit from this activity EVEN IF you can only get started at the lower levels. NO ONE GIFTING PROGRAM OFFERS THIS!
Here's how the ALS Cash Credit System works:
Let's say you join at the $250 level and are qualified to receive gifts at that level. As a result of you inviting people this website, you have John who wants to join us at the $3,500 level! OH UH! You're not at the $3,500 level so what happens?
Since you are not qualified to receive gifts at the $3,500 level, John's cash gift would pass up to your inviter OR to the next person that is qualified above you. HOWEVER, since you're the one that is responsible for bringing John to the table, our system is going to CREDIT YOU FOR HALF of the gift amount that John paid which would be $1,750!
Okay so what does this mean?
It means, once you "cash in" your credits, you can be UPGRADED to the $1,000 level and you're IMMEDIATELY QUALIFIED to receive $150,$250,$500 $ $1,000 gifts! But wait, you still have $1,000 in credit...so you guessed it! You would simply keep building up your credits! Credits are built up by people you invite joining the program at higher levels that you are qualified to receive on.
Let me break this down for you so you understand it clearly, because it's a very powerful concept!
If you join at $250 and have someone that you invited join at $3,500 you would receive HALF of their gift amount as a credit. HALF of their gift amount would be $1,750. You would then take THE DIFFERENCE between the level you're currently on and the level you wish to upgrade to and USE YOUR CREDITS TO UPGRADE TO THAT LEVEL!
Since the difference between $250 and $1,000 is $750 you would simply use 750 of your CREDITS to upgrade to the $1,000 level. You then have $1,000 left in your Cash Credit System which you can continue to build up OR you could use your CREDITS + CASH to upgrade to your next desired level at anytime!
Basically, this is our way of allowing you to UPGRADE to the higher levels without having to pay anymore OUT OF POCKET CASH to upgrade! We feel that if someone YOU INVITE brings your inviter a large cash gift, YOU SHOULD BENEFIT FROM THAT! Other programs will simply "pre-qualify you" at the level you passed up the gift but you would STILL HAVE TO PAY OUT OF POCKET to join that level! NOT WITH US! Your cash credits can be used to assist you in upgrading to the higher levels!
THIS FEATURE IS WHAT IS RAPIDLY MAKING ALS THE #1 GIFTING PROGRAM ON THE INTERNET!
8. What are the costs involved to participate in this activity?
ALS consists of 7 gifting levels for you to choose from. We have a level that matches any and all budgets and allows anyone from experienced gifters to complete beginners to get started with us and start generating MASSIVE success!
Our levels are as follows:
Level 1 - $150 Level 2 - $250 Level 3 - $500 Level 4 - $1,000 Level 5 - $2,500 Level 6 - $3,500 Level 7 - $5,000
No matter which level you choose to join, you will also pay an annual admin/processing fee of $50. The ALS system utilizing the ultra powerful cash leveraging power of the 1 up system!
9. How does the ALS 1-up system work?
Let's say you choose to join us at the $250 level. You would simply gift your inviter $250 + the $50 admin fee to ALS.
When you receive your 1st gift, this is known as your QUALIFYING GIFT. This qualifying gift is passed UP to your inviter and then you are able to start receiving gifts all the way up to the level you joined. Here is an example:
You join us at the $250 level.
You invite Peter who joins at $150. Well Peter's gift of $150 would be PASSED UP to your inviter as your QUALIFYING GIFT.
10. How soon can I start receiving cash pledges?
Once your gift has been received and you have paid your $50 Admin fee to Admin. Then you can start inviting traffic right to your site. But remember this: as soon as there is a frequent flow of targeted traffic coming to your website, whether it is on day one or day fifty, your system will generate cash.
11. Do I have to be tech savvy to succeed at this?
No, once you become a member of the cash gifting program. You will have access to training video tutorials that will show you the ins and outs of Internet Marketing. The only thing that you need is the right mindset to succeed.
|
About The Author
Hey guys, my name is Aaron and im from Orange County, California. If you are reading this article then you have stumbled on something truly amazing! Keep reading so you can get all the information on this great system!
www.cash2freedom.com to learn more about this great system!
|
|