Do independent contractors pay taxes on cryptocurrencies in New York State?
Good afternoon, I was wondering if you could clarify something for me regarding taxes and cryptocurrencies in New York State. As an independent contractor, I've recently been receiving payments in the form of cryptocurrencies. However, I'm unsure if I'm required to pay taxes on these earnings. Could you please provide some guidance on whether or not independent contractors in New York State are obligated to pay taxes on their cryptocurrency earnings? Thank you for your time and assistance.