First, watch the 1 hour pre-recorded webinar
Do you operate a time bank or barter exchange? Are you hoping to start one? Are you a legal professional wanting to provide legal support to time banks and barter exchanges? Then this webinar and live chat is for you! Scroll down to RSVP below.
Hosted by SELC Executive Director, Janelle Orsi, this video and the live chat session that follows will address foundational legal questions such as:
How can a time bank organization gain tax exemption under 501(c)(3) or 501(c)(4)?
What are promising governance structures for time banks?
What are the tax reporting requirements for barter exchanges, and what must a time bank do to avoid application of these laws?
When do time bank and barter transactions result in taxable income to participants?
How should individuals account for and report taxable income from barter and time banks?
Under what circumstances can time banks allow for the exchange of goods?
How might we advocate for laws that support the growth of barter exchanges and time banks?
Please note the unique structure of this two-part event:
1. RSVP on this event page to receive the 1-hour pre-recorded video covering the legal essentials of starting and operating a time bank or barter exchange. Then, watch the video on your own schedule between July 17th and the July 23rd Live Chat session!
2. You're not done yet! In order to join us for the July 23rd Live Chat session at 11:00 am P.S.T., you MUST register for the 7/23 GoToWebinar Live Chat session here.
3. Finally, on July 23rd at 11:00 am P.S.T., join us on GoToWebinar for a one-hour online chat session to discuss questions and topics covered in the prerecorded webinar. This is your chance to pose your legal questions directly to Janelle Orsi - one of the country's foremost legal experts on local currencies - and SELC's Community Currencies Program team! Don't forget, you must register for the GoToWebinar Live Chat session in order to join us live.
For more information and legal resources related to time banks and barter exchanges, please visit CommunityCurrenciesLaw.org, SELC online legal resource library.