How are Barter Transactions Taxed?

How are Barter Transactions Taxed?

Bartering is the exchange of goods without money. The words “without money” might make you believe that barter transactions aren’t taxed. But in reality, barter transactions are taxed. During the 1970s, bartering started to become popular among businesses. It wasn’t...
History of The Barter System?

History of The Barter System?

As the world of commerce evolves and businesses strive to keep up with the ever-expanding menu of growing electronic payments, one method of payment between small firms has made a comeback called barter. You’ve bartered if you’ve ever swapped your...