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Is Cash Gifting Legal?

Cash Gifting: Legal or Illegal?

Every single cash gifting program which attempts to pass cash gifting off as an opportunity to make money uses the exact same logic to try and explain its legality. Cash gifting administrators point to the language of the United States IRS Tax Code, Title 26, Sections 2501-2504 and 2511, which states that:

Read more: Cash Gifting: Legal or Illegal?