Bartering is subject to tax
February 19, 2018
A growing number of businesses are using the barter system to supplement their normal purchasing activity. Bartering is a payment method in which goods and services are exchanged between parties in lieu of cash. Before you consider jumping on the bartering bandwagon, though, it is important to be aware of the tax consequences of these transactions. While your first thought...
Tags: Bartering and bitcoins
Category: Taxes