Do I get taxed if I trade my web services for solar panels (bartering)?
I have a shopping list of items such as solar panels, wedding photographer, wedding music, etc., that I’d like to trade my web services for. The goal is to exchange time, not money, for the items I’m looking for. However I’m concerned that I might be breaking some rules or may need to be taxed for such trades. Is this the case? Any suggestions? Thanks! 
Yes. Nothing wrong with paying taxes as it means your business is making money.
Trade for business related expenses and you can write them off. Such as flyers, business cards, advertising, accounting…the list goes on for people that need web services.
Here’s a link on the legalities of bartering.
Good luck!
http://www.u-exchange.com/bartering-legalities
Yes. All income is reportable and taxable, whether it be cash, check, or barter in the form of goods or services. You claim the value of the goods or services as the income you received.
References :
Yes. Nothing wrong with paying taxes as it means your business is making money.
Trade for business related expenses and you can write them off. Such as flyers, business cards, advertising, accounting…the list goes on for people that need web services.
Here’s a link on the legalities of bartering.
Good luck!
http://www.u-exchange.com/bartering-legalities
References :