Barter transactions flourish in hard times
Barter transactions flourish in hard times - Accounting Today
The growth of the Internet, coupled with periodic economic downturns, has spurred continual growth in the barter industry — with tax consequences that are often overlooked by taxpayers engaging in barter transactions.
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What people say
"Since belonging to IMS, our sales have increased. We wouldn't have had these customers if not for IMS. This gave us the extra funds to do several home improvement projects at the same time using trade dollars. I was able to give my home a whole new Refresh. Roofing, siding, and exterior work were done through IMS. Saved myself a lot of out-of-pocket cash!"
Loren Fleischfresser
Northridge Distributing Inc | Watertown, WI