By Michael Sheppard Whether traveling for business or pleasure, using barter to cover travel expenses is a great way to save cash. Through relationships with other trade exchanges, expenses such as car rentals, cruises, time shares, hotels, entertainment and dining can be covered using barter for travel. One of the benefits of being a member [...]
By Peter Strickland Direct barter transactions may seem like a good idea to some business owners, but there are risks associated with participating in unregulated trade. The first and most important question a business owner should ask themselves is, “What if the person I’m trading with goes out of business?” This is a valid concern [...]
The tax implications for barter exchange members are often a concern. Many fear that involvement in barter transactions will flag them for an audit. This is a hangover from the IRS’s Barter Exchange Project in the 1980s. Today, barter transactions are regarded as an alternate form of income and are treated much like cash transactions. [...]
