Even If No Money Changes Hands, Bartering Is A Taxable Transaction

During the COVID-19 pandemic, many small businesses are strapped for cash. They may find it beneficial to barter for goods and services instead of paying cash for them. If your business gets involved in bartering, remember there are small business tax considerations. That is that the fair market value of goods that you receive in … Continue reading “Even If No Money Changes Hands, Bartering Is A Taxable Transaction”