Kliger, one of Musk's top employees, has been meeting with senior executives at the Internal Revenue Service, said sources.

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Taking tax advice from TikTok can come back to bite you, experts say. The IRS is cracking down on "other withholding" claims.

As the industry’s clout grows, Congress could wipe out the IRS requirement for Form 1099 for decentralized transactions.

The Internal Revenue Service (IRS) is now "cracking down on those who fail to report the added income" — and it "may know a lot more about your side hustle this tax season," said The Wall Street ...