Cash gifting programs and the I.R.S.

This is one of the best videos I’ve seen about cash gifting programs and the I.R.S.

You see when cash gifting program promoters interview the I.R.S. they ask questions that don’t really address the right issues.

This person does an amazing job setting up the proper context for the questions he asks and then proceeds to ask all of the right questions.

He also makes a great distinction between “taxable income” and “legal income”. The I.R.S.’ job isn’t to determine if income you generate is legal – the I.R.S.’ job is to determine if it’s taxable.

Here’s the vid:

WorkAtHomeTruth Weekly WrapUp September 19th 2008

Top business site of the week:

MilkWeed Mercantile

I’ve included this site because it’s a great example of other alternatives to the typical 9 to 5 routine. Also, I’ve noticed there’s quite a few artists, musicians and creative people who visit WorkAtHomeTruth, so I thought I’d show them one of the more unique ways artists, artisans, and other creative people are making the artistic lifestyle work.

If you believe in what they’re doing and want to take 3 minutes to help them out (for free) you can register and vote for their idea of using a wind-powered turbine as an energy source for their community here:

Click here to vote for the Dancing Rabbit EcoVillage’s sustainable energy plan for their community.

Note: This might be an interesting process for some of you to go through to see unique and unusual ways to raise money for a business.

Top telecommuting site of the week:

HomeWorking.com

Probably the most interesting part of this site are the case studies they provide of various ways people are working from home.

Click here for the direct link to the categroies of work at home case studies.

At the time of this writing the site provides just shy of 50 work at home case studies, including case studies from the following areas:

HomeWorking.com also has a discussion forum here.

Top Government Website for the week

The home business section of Business.gov.

If you don’t know this site, you should. If you don’t know the home based business section of this site, you should.

It includes extensive free information about running and starting a home based business, including:

  • Five Key Steps to Starting Up a business.
  • Applicable licensing other legal matters to consider (believe me, this is the non-fun part the IM gurus don’t want to tell you about…but it’s not really as bad as some of you might think).
  • Small Business Start-up assessment.
  • How to plan for and set up a home-based business.
  • Where to find help for your business.

Top Scam Resource Site

SpywareWarrior.com

I can almost guarantee that for many of you, keeping this site bookmarked will save you a lot of time, headaches, and will also keep you from making costly mistakes.

In addition to a helpful forum, Spyware Warrior provides a list of “Rogue/Suspect” Anti-Spyware products. And even though the list hasn’t been updated since May of 2007, a quick read of the list along with the reasons certain “Spyware Removal” products are on the list will give you a quick education of deceptive Anti-Spyware marketing tactics to look out for.

The problem with TwoDollars.biz

Someone posted on Scam.com that PayPal restricted their account after joining TwoDollars.biz because it violates their TOS (Pyramid schemes, etc).

I don’t know about the quality of the product they’re selling, but the way they have their sales page worded it reads like a classic chain marketing scheme.

Although the sales page at TwoDollars.biz states that it’s selling people Master Resale rights to the eBooks…a close read shows that what’s really going on is that people are buying Master Resale rights to sell the Master Resale rights to the system which sells Master Resale rights to the book AND exact system which is in fact a chain marketing scheme.

I’d recommend you stay FAR away from something like that.