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February 10, 2015

Written by Bob Meyer, Editor of BarterNews

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From the desk of Bob Meyer... 02/10/2015

All back issues of "From the Desk..." can be accessed by clicking here.

(Please feel free to forward our newsletter to your friends and colleagues. We have a "box" at the end of the newsletter for your convenience. See you next week...)



Don't Pay More Taxes Than You Owe On Barter Transactions

There is no way for a barter company to recognize what the tax nature of your deposited funds are, any more than your bank can identify which of your cash deposits are taxable. However, you should know there are five kinds of barter deposits that are sometimes improperly taxed:
 
1) Gifts
A taxpayer is permitted under the law to give any other taxpayer up to $10,000 during a tax year with no tax consequences of any kind to the donor or to the recipient.
 
2) Barter credits received as loan repayments
If you lend barter credits to another member the repayment will show as a credit on your statement from your trade exchange…but they are not income. The interest, however, whether paid in cash or barter, is reportable as income.
 
3) Borrowed barter credits
Borrowed credits that you deposit into your account should not be taxed any more than cash that you borrow from your bank or credit union is taxable.
 
4) Barter credits purchased at a cash discount
Barter credits purchased for cash are not taxable as income.
 
5) Transfers from one account to another
If you have two or more accounts and move credits from one account to another, this will be reported as if the credits came from a third party as income. Under this scenario you would be taxed twice for the same income.

 (The information given here is purely educational, and the reader should consult his or her own tax advisor to determine how to report barter credit income.)


BarterNews.com — World's Largest Depository Of Barter Information

Hundreds of valuable articles, techniques, and strategies are found in the following various barter categories:


(The Barter Categories are found on the horizontal bar at the top - 3rd button from right.)

Money-Making Reports Available From BarterNews


Your Barter Efforts Will Easily Outperform Other Financial Endeavors

If you were able to earn 24.2% per year (compounded) with your investment portfolio, it would double every three years. This is obviously very difficult to do with most investments … for the past 80 years large-company stocks averaged 10.4% and small-company stocks averaged 12.6%, according to research firm Ibbotson Associates.
 
However, earning 24% on your barter transactions isn't particularly difficult, because typically your built-in barter profits exceed that figure. Now is the time to give more thought to this segment of your business. Barter is a proven asset builder … so embrace its use today!


Is Your Trade Exchange Missing Out On Valuable New Business?

If your barter company's listing on BarterNews.com isn't current, you are definitely missing out on new business. The web site BarterNews.com receives heavy traffic — with over 150,000 page-views every month. Entrepreneurs and corporate executives check the thousands of articles, the weekly "Tuesday Report," and the "Contacts Section" of our site. They use the latter to find barter companies with which to do business.

Is your barter company's listing up-to-date?

To keep your listing current is very easy. See the links below to (A) update any changes to your company's listing, such as new location, phone number, web site or other information, and (B) if your company has not been listed.

Here's how to get on board:

To make changes to your listing click here.

For new listings click here.



* * ANNOUNCEMENT * *

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To order: Click here


How To Avoid Personal Burnout & Frustration
 
By Timothy Bednarz, Ph.D.

Many leaders will associate the implementation of change in their organization with elevated levels of stress, frustration and anxiety. These pressures, combined with a typical staff reduction requiring leaders to accomplish more, can lead to personal burnout.
 
It is important for leaders to understand that large, overwhelming changes will typically shake up the entire organization as wholesale modifications occur in the way business is conducted. The process is time intensive and traumatic for everyone involved, and people require time to recuperate after the event is over
 
While quick or frequent change can lead to burnout, leaders can use the strategies outlined in this section to defend against burnout and frustration — even in the face of ongoing change.
 
Part of the job
 
Effective leaders accept that change is a normal function associated with their jobs. In this way, change is no longer perceived as an event that threatens the organization, but simply a normal function of everyday business activity.
 
Managers embracing change will plan small, incremental adjustments that help their organization slowly evolve and adapt. As a result, the company will eventually see an increase in productivity and efficiency. It takes a change in management perception, to reduce both stress and pressures that once were associated with organizational change.
 
Anticipate rather than resist
 
When people oppose change in their organization, they end up focusing their energy on resistance rather than acceptance. This focus saps the energy required to maintain productivity and effectiveness, ultimately leading to burnout.
 
On the other hand, leaders who accept and anticipate change learn to harness its momentum to their benefit, using that energy to enact change throughout the organization. Thus producing positive outcomes and results.
 
Pace
 
When organizations implement far-reaching changes out of necessity, it can be overwhelming. Many of these changes include layoffs, which increase the intensity of the situation and overburden the leader. However, when supervisors plan for ongoing change, adjustments are made in small, incremental steps that allow the organization to transform itself on its own terms. When approached this way, wholesale organizational change is eliminated along with the stress and intensity of the adjustments.
 
Incorporate
 
The incorporation of small, incremental changes into daily activities allows the organization to grow and evolve while simultaneously increasing productivity, effectiveness and efficiency. This incremental nature of change allows leaders to build it seamlessly into the organizational culture.
 
Once the organization accepts change as a daily occurrence, managers are less like to feel pressured — which greatly reduces personal burnout from frustration and anxiety.
 
Experiment
 
Leaders that learn to accept and incorporate change into their daily responsibilities also learn the value of experimenting with new ideas and concepts. They discover that small changes can be tested with minimal impact, and lessons can be learned from all successes and failures. These lessons are ultimately incorporated into adaptations made by the organization.
 
Experimentation also helps supervisors reduce risks associated with change. And less risk equals less stress, frustration and anxiety — all of which are associated with burnout.
 (From the "Impact of Change on Individuals: Pinpoint Leadership Skill Development Training Series," by Timothy Bednarz."


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The Growth and Use of Secondary Capital (New Money) Creates Unprecedented Wealth In Today's New Age Of Possibility

There are many forms of secondary capital — which can be defined as any financial instrument that measures and communicates value in a common language. Would you like to see and learn more about the many forms of secondary capital?

 We have 70 free, informative and inspiring, articles for you in our "Secondary Capital Section."

Check it out... www.barternews.com/secondary_capital.htm.


Get New Money-Making Ideas And Valuable Contacts!

You can obtain useful, informative ideas and contacts in every available back-issue of BarterNews.


Every barter company in the world is listed on our web site, click through to our Global List of Barter Companies.



We welcome your comments, questions, and observations.

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