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Barter and Taxes

We recognized that a lot of people are very concerned about bartering and taxes. They even consider barter as illegal. But it isn’t. There are some parts of bartering, especially in cases of trading with services, where small businesses have to mention their exchanges in their tax computation. we are actually no expert in terms of taxes either. who actually is? But we did find some helpful information of the IRS, where you can print out a form to make sure you follow the rules of Uncle Sam.

Another great source of information is this video by CNN, where they describe bartering and different tax implications.

CNN

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