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Case Study #3:
Interact Systems, Inc. Minicase
Jason A Sorensen Jr.
Department of Business, Mohave Community College
BUE 130: Financial Management for Entrepreneurs
Dr. Tracy Green
November 14, 2020
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Abstract
Bartering, or exchanging services, can cause issues relating to unreported income. The Internal
Revenue Code defines gross income as income from whatever source derived, including (but not
limited to) compensation for services, including fees, commissions, fringe benefits, and similar
items. Adhering to this definition, barter and trade dollars are the same as real dollars for tax