{"id":128678,"date":"2025-05-06T10:32:58","date_gmt":"2025-05-06T10:32:58","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=128678"},"modified":"2025-05-06T10:32:58","modified_gmt":"2025-05-06T10:32:58","slug":"irs-appoints-trish-turner-to-head-crypto-division-amid-resignations","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=128678","title":{"rendered":"IRS appoints Trish Turner to head crypto division amid resignations"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsVeteran US Internal Revenue Service (IRS) official Trish Turner was appointed to lead the agency\u2019s digital assets division following the departure of two key crypto-focused executives.<br \/>\nTurner, who has spent over 20 years at the IRS and most recently served as a senior adviser within the Digital Assets Office, will now head the unit, according to a report from Bloomberg Tax citing a person familiar with the situation.<br \/>\nHer promotion marks a significant leadership transition at a time when US crypto tax enforcement is facing both internal and external pressures.<br \/>\nOn May 5, Sulolit \u201cRaj\u201d Mukherjee and Seth Wilks, two private-sector experts brought in to lead the IRS\u2019s crypto unit, exited after roughly a year in their roles.<br \/>\nMukherjee served as compliance and implementation executive director, while Wilks oversaw strategy and development. Wilks announced his departure on LinkedIn, while Mukherjee confirmed his decision in a statement to Bloomberg Tax.<br \/>\n\u201cThe reality is that federal employees have faced a very difficult environment over the past few months,\u201d Wilks wrote. \u201cIf stepping aside helps preserve someone else\u2019s job, then I am at peace with the decision.\u201d<br \/>\nSeth Wilks announced his departure on LinkedIn. Source: Seth WilksRelated: Coinbase files brief with US Supreme Court in support of taxpayers\u2019 privacy<br \/>\nIRS ramps up crypto scrutiny<br \/>\nThe IRS has ramped up its focus on cryptocurrency in recent years, increasing audits and criminal probes targeting digital asset transactions.<br \/>\nIt also attempted to introduce broad crypto broker reporting requirements, which drew sharp criticism from industry stakeholders and was eventually overturned by President Donald Trump.<br \/>\nSet to take effect in 2027, the so-called IRS DeFi broker rule would have expanded the tax authority\u2019s existing\u00a0reporting requirements to include\u00a0DeFi platforms, requiring them to disclose gross proceeds from crypto sales, including information regarding taxpayers involved in the transactions.<br \/>\nRelated: NFT trader faces prison for $13M tax fraud on CryptoPunk profits<br \/>\nTurner\u2019s leadership also comes during a shift in Washington\u2019s approach to crypto regulation.<br \/>\nWith the return of the Trump administration in January, federal agencies have scaled back regulations perceived as burdensome to digital asset innovation.<br \/>\nFor instance, the Securities and Exchange Commission has dropped or paused over a dozen enforcement cases against crypto companies. Additionally, the Department of Justice has announced the\u00a0dissolution of its cryptocurrency enforcement unit, signaling a softer approach to the sector.<br \/>\nInternally, the IRS is also navigating instability. Over 23,000 employees have reportedly expressed interest in resigning after Trump reintroduced a deferred resignation policy, raising concerns about long-term staffing and morale within the agency.<br \/>\nMagazine:\u00a0Bitcoin to $1M \u2018by 2029,\u2019 CIA tips its hat to Bitcoin: Hodler\u2019s Digest, April 27 \u2013 May 3<a href=\"https:\/\/cointelegraph.com\/news\/trish-turner-irs-crypto-division-leadership-shiftpto-division-amid-leadership-shakeup?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsVeteran US Internal Revenue Service (IRS) official Trish Turner was appointed to lead the agency\u2019s digital assets division following the departure of two key crypto-focused executives. Turner, who&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/128678"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=128678"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/128678\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=128678"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=128678"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=128678"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}