Ranked Brands Frequently Asked Questions
Yes! We offer 100% of our services, entirely free. We do not require any form of payment whatsoever. We believe the best things in life are free and that includes us helping others.
Ranked Brands founder, Destin, was lead, by God, to offer free website services to individuals who are in need of assistance.
Ranked Brands is able to offer completely free website services, thanks to our Founder, Destin. He has created a way to offer professional websites at practically no cost. In fact the average website only cost us $1.90 per month.
No, Ranked Brands is not a 501(c)(3) Non-Profit business. This means any gifts are just that. They are gifts and not donations and therefore ARE NOT tax deductible.
No. We DO NOT require any form of payment for our services as they are completely free. However, if you wish to setup a one time gift or recurring gift subscription, you can do so, but these ARE NOT considered tax deductible business expenses, as they are gifts and you are receiving nothing in return for your gift, except Thanks.
If you would like to setup a onetime or recurring gift subscription, you can contact us directly at RankedBrands@gmail.com
We use Stripe to send over invoices and process gifts through their invoicing system. Each invoice is dated accordingly. For example, if you are doing a monthly gift then your invoice will reflect the month like “June of 2022”. If you are doing a yearly gift then your invoice will reflect that like, “June of 2022-June of 2023”.
Destin is working with Stripe to process any gifts online, so you can conveniently and securely use a credit or debit card for your gift.
It all started back in 2018 when Destin first started offering free website services to some individuals. Since then, Ranked Brands™ has continued adding more and more. In fact in 2022, we went entirely in on this and now offer ALL of our services for 100% Free of Charge!
In 2022, The IRS Gift Law allows for you to give up-to $16,000 in one year, to any one person. After $16,000 you may be required to file a gift tax return in order to help the IRS track your lifetime gift giving. The current lifetime exemption amount for an individual is $11.7 million. After this, you may be subject to a gift tax. Please consult your tax advisor for a full understanding of the IRS Gift Tax.
“The federal gift tax return, Form 709, is filed for every year in which a gift is made. However, a gift tax return generally isn’t required unless money or property worth more than the annual exclusion for that year is given to someone other than the decedent’s spouse or the gift given isn’t subject to the annual exclusion. The annual gift exclusion is $15,000 for 2021 (raised to $16,000 in 2022). See Annual exclusion, later, for more information. Generally, you must file Form 709 by April 15, of the year after the gift was made.” – Taken From IRS 2021 Publication 559 (page 25, notes section)
“Filing a gift tax return. Generally, a gift tax return must be filed if any of the following apply.
• Gifts were given to at least one person (other than the decedent’s spouse) that are more than the annual exclusion ($16,000) for the year.”