IRS Digital Assets Head Trish Turner Leaves Amid Crypto Tax Changes
IRS Digital Assets Head Trish Turner Leaves Amid Crypto Tax Changes

IRS Digital Assets Head Trish Turner Leaves Amid Crypto Tax Changes

News summary

Trish Turner, head of the IRS digital assets unit, is leaving the agency for the private sector amidst significant upcoming changes in cryptocurrency tax policy and a backdrop of budget cuts and staff reductions under President Donald Trump's administration. Turner assumed leadership of the unit after the departure of two key crypto officials earlier in 2025, and her exit leaves the IRS facing a surge in crypto filings without clear leadership. The IRS is preparing for a major influx of crypto-related tax work as new rules and forms, such as the 1099-DA, come into effect, potentially impacting millions of taxpayers with digital asset transactions. Despite the growing importance of crypto taxation, the IRS is constrained by long-term staffing declines and recent budget cuts exceeding 20,000 positions, complicating enforcement efforts. Turner expressed pride in her work establishing regulatory oversight for digital assets and looks forward to assisting taxpayers and businesses from the private sector. The agency has not yet announced who will succeed her as the head of its digital assets office.

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