Questions tagged [barter]

For questions about barter, an economic trade system involving only goods or services and excluding currency.

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6
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1answer
1k views

Can gold/silver bullion be used to buy/sell market goods?

U.S. here, specifically NY state. Suppose I have an authentic gold coin ("bullion"). Vendor X is selling a product that she is willing to sell me for the general value (I say general here ...
29
votes
2answers
15k views

Are employers legally allowed to pay employees in goods and services equal to or greater than the minimum wage?

In the United States, full-time employees (not contractors) must be paid a minimum wage per hour. Assuming both parties agree to it, are they legally allowed to be paid in goods and services equal to ...
1
vote
1answer
128 views

Do barter transactions need to be declared for tax purposes, and how is taxable value decided?

What is the legality of bartering goods and services in a non-business setting? Say I'm on Craigslist, and I trade my car for a service or another product. Do I need to declare that on my taxes, and ...
2
votes
2answers
211 views

Can one legally barter services if each party declares they are donating the service?

I've read where the IRS will try to enforce the "real market value" of a service and require you to pay tax on it. I'm wondering how enforceable this is, and if you can get around it if its less than $...