Here is a great article about how a bricks and mortar company is successfully marketing their new product. http://www.financialpost.com/small-business/advice/story.html?id=1767135&p=1 Notice anything familiar? Targeted Media Campaigns Focusing on where customers are looking Press Releases to promote Expertise Solution based Articles Newsletters full of useful information Working with Business Partners on sharing knowledge Test everything Target, Target, [...]

In the first part of the story I told about how I put together a Bulletin Board System (BBS) called All Sports back in 1994. That was my first “online” business where I made money. Well it turns out my memory was a bit bad, it was actually called Online Sports. However, the moral of [...]

If you do not follow Michel Fortin blog posts you should. http://www.michelfortin.com/stop-gambling-customers/ Michel has the ability to rant and complain and yet not offend anyone. I on the other hand will tell someone where to go and I will name names. Of course sometimes I end up on the short end of the 80/20 rule [...]

The first time I made a profit online was back in the years from 1994 to 1996. I was a fan of some local bulletin board systems and decided to start my own. I was now a SysOP. My system was called All Sports. I located a company down in the States who provided me with [...]

My first YouTube Video: IRS does not say that Cash Gifting is legal.

Some argue that cash gifting is legal because of the tax code. They even quote the sections. Those sections are about how to, or not to, tax gifts. The code contemplates legitimate gifts between family members and friends, not an organized gifting program.

If you could rely on the tax code to give legitimacy to cash gifting programs then all pyramids would be legal.

In fact the tax code expects you to claim all of your income regardless if it is from a legal source or not. Just ask Al Capone.

So you cannot look to the tax code to determine if an income activity is legal or not.