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But both conditions have to be met, and many people claiming the tax break, then face a full-on audit.
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THESE NEW IRS RULES FOR CRYPTO ARE INSANE! HOW THEY AFFECT YOU!Sales and use tax is generally imposed on the sale of taxable tangible personal property and enumerated services. In New York State, virtual and cryptocurrencies are considered intangible property. with intangible property. Cryptocurrency as Unclaimed Property?? Virtual currency is, of course, a type of intangible property that could escheat to the state if the owner of the property.
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