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Genesis Economic Development, FAQ

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Are Trade Exchanges legal?

QAre Trade Exchanges legal?

   AYes. Under the "Tax Equity and Financial Responsibility Act of 1982", the federal government officially recognizes Trade Exchanges as third-party record keepers-meaning they record barter transactions and report client barter income to the IRS. This puts Trade Exchanges on equal footing with banks, credit unions, securities brokers and others as legitimate custodians in the eyes of the law.


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Genesis Economic Development
12004 Red Oak Drive FAYETTEVILLE, AR 72704
Phone 4793611211
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