FAQs

Are there any tax advantages to bartering? Barter income is treated the same as cash income. There is no tax advantages or disadvantages to bartering. Trading should be considered a marketing tool, not a tax tool. TBC provides your company with a 1099B at the end of the year for all of the sales you have consummated with TBC.

As with cash income, trading purchases that are normally tax deductible as business expenses, are also tax deductible when purchased on trade.

What does it cost to join? The initial investment to join TBC is $395. We earn our income by charging a cash transaction fee of 7.5% on each transaction (we don`t earn anything unless you buy or sell). A monthly charge of $10 cash and $10 trade takes place each month. TBC does not charge an annual fee.

How should I price my products and services? Prices quoted to barter clients are the same as prices quoted to cash paying customers. Business owners are educated shoppers. Barter is simply a mode of payment-just like a credit card or cash. If your price is too high, clients simply won`t buy.

How can I barter outside of my own city? TBC participates in The BANC (Barter Association National Currency) and other worldwide reciprocal trade relationships with other exchanges offering a multitude of additional barter opportunities. We fulfill our clients travel requests via our reciprocal network. We also help business looking to open new markets by utilizing the distribution channels available to our local clients. This opens the doors to 100,000 businesses nationwide.