by Brian Hare, CPA, CGMA | Mar 8, 2022 | Business
In today’s economy, many small businesses are strapped for cash. They may find it beneficial to barter or trade for goods and services instead of paying cash for them. Bartering is the oldest form of trade and the internet has made it easier to engage with other...
by Brian Hare, CPA, CGMA | Jul 9, 2019 | Business, Tax
Small businesses may find it beneficial to barter for goods and services instead of paying cash for them. If your business engages in bartering, be aware that the fair market value of goods that you receive in bartering is taxable income. And if you exchange services...