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Disclaimer: Those of us at SwapAspen.com are neither attorneys nor accountants. We simply provide an online directory for business owners and individuals to post and view goods and services that are available for trade. All users should seek legal and tax advice from licensed professionals before engaging in trades through this site. SwapAspen.com assumes no responsibility for disputes between users although misuse by a members will result in suspension and/ or termination of a member's account. Tax Issues: Bartering does not offer a tax loophole to avoid taxation. According to the IRS tax website, "Income from bartering is taxable in the year in which you receive the goods or services. Generally, you report this income on Schedule C, Profit or Loss from Business Form 1040." |
