After bartering groups exploded in popularity in the 1970s, the IRS formalized its rules on taxing bartered income. Now, the IRS taxes barter transactions in dollars and cents, even though no money changes hands. This means you have to keep tabs on the trades you make and keep good records of them so they can be properly taxed. The IRS measures bartered exchanges by using the market price of the goods or services someone receives. https://money.howstuffworks.com/bartering4.htm
Now be a good goyim, and give Israel its due shekels.
>After bartering groups exploded in popularity in the 1970s, the IRS formalized its rules on taxing bartered income. Now, the IRS taxes barter transactions in dollars and cents, even though no money changes hands. This means you have to keep tabs on the trades you make and keep good records of them so they can be properly taxed. The IRS measures bartered exchanges by using the market price of the goods or services someone receives. https://money.howstuffworks.com/bartering4.htm
Now be a good goyim, and give Israel its due shekels.
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