Do You Barter? The IRS Wants Its Cut

Forbes.com:  “If Rodney Dangerfield were alive, he might complain that even bartering is in a recession.  Yet the Internal Revenue Service thinks otherwise and seems to be paying more attention to taxing barter activity.   At least that’s the impression from an e-mail that appeared in my inbox recently. “Do you barter?” queried the headline. Somehow, I knew this e-mail was not about Bart Simpson. In fact, it sounded almost accusatory. No, I actually don’t barter (honest), though I think lots of people out there do.  The e-mail was one of a series of regular releases the IRS sends to tax lawyers, accountants and even regular citizens who care to sign up.”