All about Barter and Taxes

1. What is Barter and How Does it Work?

Barter is the exchange of goods and services between businesses and individuals. Learn what barter transactions must be recorded and more about barter.

2. How Do I Record Barter on a Business Income Tax Return?

Barter income is taxable to your business in the year in which it is realized (services performed or products sold). The income from bartering activity is recorded in the same way as other forms of income, on the appropriate tax return for your type of business.

3. How Do Barter Income and Expenses Affect Business Taxes?

Barter income is considered like other forms of business income, and must be reported to the IRS on your business income tax form. But expenses related to barter transactions may be deductible, reducing your total tax liability. Learn more....

4. What is a Barter Exchange and How Does it Work?

A barter exchange is an organization which serves as a third party to coordinate barter transactions between members of the organization and as a bank to keep track of the value of barter transactions and the value of each member's account. Read more about barter exchanges and how they can benefit your business.