PLUS: Elevate experiences for yourself, family, friends and business associates.
Barter is the oldest form of exchange in the world and it's still one of the best business options available today. You have ability to trade to increase your cashflow, reach new customers and ELEVATE your lifestyle.
Convert your excess commodities to useful items and services. E.g., Excess produce for whole house cleaning; dental cleaning for a 2-night stay at a hotel; handyman services for restaurant reservation, etc.
Reach new customers that you had no access to or had no idea existed. Gain exposure to a wider network of potential clients through the barter community, drawing in new business opportunities in Hawaii, Las Vegas, and beyond that you might not reach otherwise.
Preserve your liquid assets by bartering for essential goods and services instead of paying cash, allowing you to allocate funds to other critical areas of your operations.
Access exciting experiences like travel, fine dining, and family adventures in Hawaii, Las Vegas, and beyond that you might not otherwise pursue, enhancing your personal life through barter trades without dipping into your cash reserves.
Contact us at 650.533.5891
Kimberly Giannini launched her barter journey many years ago in San Francisco, turning a modest $150 monthly trade allowance into fine dining, luxury hotel stays, limousine rides, and Bay sunset cruises that hooked her for life.
After running a successful executive headhunting firm for nearly two decades, she rediscovered barter's power by trading her Hawaii vacation home for premium property management services. Electricians, plumbers, designers, painters, and cleaners without touching cash, while also drawing inspiration from experiences and connections in Las Vegas.
Today, as Chief Trade Director of Island Barter Exchange, Inc., she builds a trustworthy, aloha-infused network that lets members access exceptional services, experiences, and connections while preserving cash flow and fostering genuine community. For the complete story of her remarkable path, see Kim's full bio here.
Yes! We are officially recognized under the Tax Equity and Fiscal Responsibility Act of 1982 in which companies like ours are identified as third-party record keepers. This is the same act that covers banks, securities brokers, attorneys, and accountants.
There are no tax advantages or disadvantages to barter. Trading should be considered a marketing tool, not a tax tool.
Trade dollars are treated exactly the same as cash for tax purposes. For example, when your business sells for trade dollars, those dollars become part of your business income in the tax year - just like cash.
If your business spends trade dollars on business-related items, those expenses should be offset against income - just like cash. (Exchange fees are tax deductible.)
If you or your employees spend trade dollars on personal items, those dollars are part of your taxable income - just like cash.
The same rules that apply to cash sales applies to Barter transactions. The seller is responsible to collect and submit taxes on bartered goods, the same as cash sales. Buyers are required to pay any applicable sales tax in cash and not IBE barter dollars.
Island Barter Exchange is a third-party record keeper, providing monthly statements to member clients, which reflect their purchases, sales, fees, and current barter balance. We also provide end-of-year tax statements for your accountant.
You do! Just like in the cash world, you set your own prices. We recommend pricing your goods and services at your regular retail rates to ensure fair trades within the network.
Getting started is easy! Simply contact us at 650-533-5891 or email info@islandbarterexchange.com. We'll walk you through the membership process, help you list your products and services, and introduce you to our barter community. Once you're a member, you can start trading right away!
Trade Smart, Trade Bold - Contact us today to learn how barter can work for your business.
Call 650-533-5891Or email: info@islandbarterexchange.com
