Bartering makes a comeback

Another good trend initiated through the so called "financial crisis", at least according to consumerist.com:Bartering makes a comeback. BTW: Barter in the US is taxable! If you barter for goods and/or services, you are taxed not more or less than if it were a cash transaction. In other words, it is handled the same way as a cash transaction regarding taxation. If you bartered for a profit, you pay the appropriate tax, if you generated a loss in the transaction, you have a loss. Other countries do not have the reporting requirement that the U.S. does concerning proceeds from barter transactions.