Are there tax advantages to JoeXchange?
There are no advantages or disadvantages to JoeXchange. JoeXchange income is treated the same as cash income. It should be considered a marketing tool rather than a tax tool. JoeXchange provides your company with a 1099-B at the end of the year for all sales you have transacted on our network. Cash purchases that are normally tax deductible as business expenses are also tax deductible as trade purchases.
