THE FREE AND CLEAR PRESS

[mbobok]

Sounds like a great idea. Until the IRS gets involved. And I'm sure it will. They've been the biggest obstacle in U.S. barter trade. :-/

It's also important to make sure you're aware of tax laws that apply to bartering, she notes. The IRS says that you must include in your income the fair market value of property or services you receive through bartering, at the time received. Typically, you must report his income on Schedule C or Schedule C-EZ. Because there are some gray areas in bartering, any small business owner expecting to generate significant income this way should consult with a tax accountant. There's no sense trading services to save money if you're only going to pay penalties to Uncle Sam later.

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