Quote:
Originally Posted by Rain Man
Actually, doesn't barter technically have to be reported as income? I realize that no one ever does it, but I'm not sure he's legally avoiding taxes with that setup.
I was on a train this weekend and an Amish girl smiled at me. I wasn't sure if I had to marry her or not.
|
Heh. You’re right, by God.
https://www.irs.gov/newsroom/four-th...-if-you-barter
Oops.
Anyway, every hamburger tastes better seasoned with tax fraud.
I probably wouldn’t try to double dip by deducting that as an uncollectable receivable, but I’d for sure not hit print on that invoice.