Comments on: Barterers Beware: Taxman wants his take

By: Marten Purdy the metroman

Marten Purdy the metroman — Fri, 01 Feb 2013 20:55:12 +0000

Today the taxman came and took my soul as compensation for due income taxes.

By: Boscorelli

Boscorelli — Fri, 01 Feb 2013 10:55:47 +0000

Either way it may not or may be considered Sales Tax, however Use Tax should apply. If items bartered are using bartered item items in Californa then Use Tax should come into play, meaning Use Tax Applies. Its not any difference how we can purchase on ebay from an out of State or Country, if posession is taken in California we must pay Use Tax since items are being used in California. We buy used items at Thrift Stores Pawn Shops we pay the Sales Tax at source.
Barters are not any different.
One must know the confusing Laws of Sales & Use Tax.
Income Tax Marty, is Federal & State. Nothing to di with Sales & Use Tax

By: Marten Purdy

Marten Purdy — Fri, 25 Jan 2013 14:08:18 +0000

Today the tax man came and took my soul as compensation for due income taxes.

By: Donkey

Donkey — Fri, 25 Jan 2013 06:26:21 +0000

Dyspeptic, LOL!! 🙂

By: Dyspeptic

Dyspeptic — Fri, 25 Jan 2013 04:57:04 +0000

Think of barter as an undocumented transaction, kind of like undocumented immigrants only better.

By: us citizen

us citizen — Fri, 25 Jan 2013 01:32:28 +0000

Yep, Ill donate my time to you, for a piece of pie. Screw you CA.

By: Donkey

Donkey — Fri, 25 Jan 2013 01:14:10 +0000

Yes, don’t feed the beast!! 🙂

By: Sean Morham

Sean Morham — Thu, 24 Jan 2013 23:38:16 +0000

Keep the dollars away from Big Daddy, the beast. Be cheap, don t buy anything other than essentials. It is great to start the week with a tank of gas, groceries bought at Wal Mart in the house, $15 in my pocket, and wake up Saturday with $10 of the $15. That means I added forty five cents to the gov t vaults during the week. For the month, less than $2 bucks. Income taxes, utilities, etc, all got to be paid. It is ok if the $2.00 goes to the pension fund, I will part with it. The beauty of compounding will make it grow. Hope Sacramento does not spend it before it gets there. I can only do my part. Some of the monthly savings go to International Charitable organizations, for the truly needy.

By: us citizen

us citizen — Thu, 24 Jan 2013 22:26:58 +0000

donate