Barter transactions & taxation
Barter transactions are assessable and deductible for income tax purposes to the same extent as other cash or credit transactions. When an entity that is a member of a trade …
Recording barter transactions
Members of trade exchanges must keep records that record and explain all business transactions and other acts they engage in that are relevant to a particular sale importation, purchase, dealing …
What is barter?
In its simplest form, bartering involves the direct exchange of goods or services for other goods or services without reference to money or money value. How does bartering operate? There …
Create wealth using barter
Save thousands of cash dollars each year by following some simple reciprocal trading ideas. Long before the cash economy was ever conceived, people used to swap goods and services in …