Does anyone still barter? (charge, Canada, value, legal)

[Philip T]

Originally Posted by DCforever

LOL That is funny. You learned accounting from May Kay. Good luck in Canada, eh.

We may do best to not mock that, my friend.

MK is a sometimes client in Dallas. They are Making Bank. While wearing Pink Hard Hats.

Meanwhile . . . much of our Generation Industry is at or near Bankruptcy.

[DCforever]

Originally Posted by Philip T

We may do best to not mock that, my friend.

MK is a sometimes client in Dallas. They are Making Bank. While wearing Pink Hard Hats.

Meanwhile . . . much of our Generation Industry is at or near Bankruptcy.

That just proves H L Mencken correct “Nobody ever went broke underestimating the taste of the American public."

And here I paid good money to attend graduate school and take those accounting course. I could have sold cosmetics instead.

[Mr.Hospitality]

Originally Posted by DCforever

That just proves H L Mencken correct “Nobody ever went broke underestimating the taste of the American public."

And here I paid good money to attend graduate school and take those accounting course. I could have sold cosmetics instead.

It's no surprise that Mary Kay is used as case studies in MBA programs around the world.

[DCforever]

Originally Posted by Mr.Hospitality

It's no surprise that Mary Kay is used as case studies in MBA programs around the world.

Case studies are more frequently about things done wrong than right, but the question was about Mary Kay teaching that revenue wasn't reportable unless there were cash profits. I doubt even Mary Kay is that dumb.

[td1991]

When there is an economic collapse (e.g. due to disaster), then barter will be the main form of trade. In that scenario, certain items may have universal value such as guns, fuel, food/water ... until then uncle sam keeps barter minimal.

I've read that prostitutes can get doctor's services, attorney's extra efforts etc in exchange of sex favor. However, prostitution itself falls under "shadow economy" (which's said to be big and untaxed) category, it wouldn't be known to the IRS anyway.

Anything in "shadow economy" may generate barter in a tax-free environment. Drug dealers may pay drugs instead of cash for goods and services.

[Nancy739]

Regarding bartering, I cannot resist the set-up. It's called dating )

[TexasLawyer2000]

Originally Posted by DCforever

Case studies are more frequently about things done wrong than right, but the question was about Mary Kay teaching that revenue wasn't reportable unless there were cash profits. I doubt even Mary Kay is that dumb.

Did you even read the case study? It was about what they did right and how they successfully expanded in a global market. Nice try though.

[High_Plains_Retired]

Texas shares a strong cultural connection to Mexico and, if you go into Mexico, even at Juarez or Tijuana, you had better know how to barter. People in Texas have always bartered for things.

[J_Kay]

Originally Posted by reed067

Trading goods is a crime? I think not, maybe to those idiots who are upset that they aren't making money off of it.

^This. DCForever you are way off base. It is in no way illegal to provide services in exchange for other services; at least not in the way that OP is talking about.

[DCforever]

Originally Posted by J_Kay

^This. DCForever you are way off base. It is in no way illegal to provide services in exchange for other services; at least not in the way that OP is talking about.

It certainly isn't illegal, it does create taxable income in most cases. The IRS isn't going to look at penny anty stuff but they have and do go after barter businesses for unreported income.