[MR] Yet another sign we are going back to the middle ages....
Gina Shelley
paintedwheel at hotmail.com
Fri Jun 4 14:11:13 PDT 2010
Yeeeeah....well, good luck to 'em trying to claim any sort of compensation on something like that.
Heck, I have worked for bona fide businesses that used the barter system. There was so much stuff crammed under the table I am surprised the legs even touched the floor.
"Dadgum gubment, sorry so and so's
Got their damn hands in every pocket of my clothes...."
Dulcy
>
> They might claim Time Dollars are not be taxable, but I suspect the
> IRS might not agree. Barter certainly is
> http://www.irs.gov/taxtopics/tc420.html
>
> http://www.irs.gov/businesses/small/article/0,,id=113437,00.html
> "Earning trade or barter dollars through a barter exchange is
> considered taxable income, just as if your product or service was
> sold for cash."
>
> (note, I'm neither an attorney or a CPA, YMMV, just a word of caution)
>
> Corwyn
>
>
>
>
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