Re: Bartered services, tax?

In article <[EMAIL PROTECTED]>, CharlesSellers853
@hotmail.corn says...
> 
> 
> I am looking for advice from fellow marketing business owners on 
> bartering services and taxation. I own a small marketing company in 
> California and in the past year have traded my services for 
> products from several of my clients. I know that barter is provided 
> for in the taxation system, but I don't know the details. Has 
> anyone in this group experienced this tax situation, and if so, 
> what was the process? 
> 
> I file through TaxBrain, an online service, if that makes any 
> difference.  
> 
> Thanks in advance
> Charlie Sellers
> 
> To email change corn to com
> 

Here's a url with this info: 
http://www.irs.gov/taxtopics/page/0,,id=16212,00.html
Sounds like you'll need a special form. 
Taxbrain should be able to handle this just fine. Like always, just 
have all the forms you need on hand. Most of those online tax sites 
provide some sort of live assistance to customers. Call them if you 
get lost.

Good luck.
Leon