[HUG ] Re: [HUG ] Re: On the subject of equipement  cost

In a message dated 10/15/08 4:22:29 PM, steve.graff@xxxxxxxxxxx writes:


> Then again, if one trades photographs or the exclusive advertizing use of 
> photographs for goods and services, one would not have to pay any taxes!
> 

That's called a 'bartering' transaction and is taxable on the US income tax 
form.   There is a specific line item asking whether you had any bartering 
transactions.   You cannot win and you cannot hide!


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