Former IRS Crypto Unit Chief Turner Joins Crypto Tax Girl
Trish Turner has resigned as head of the IRS Crypto Unit after just three months to join Crypto Tax Girl as tax director. During her brief tenure at the IRS Crypto Unit, she helped establish foundational crypto tax reporting programs, including initial guidance for Form 1099-DA. Turner’s departure follows earlier exits of Sulolit “Raj” Mukherjee and Seth Wilks from the same team, underscoring ongoing staff turnover and potential delays in issuing crypto tax guidance amid proposed IRS workforce cuts. Crypto traders should maintain detailed records, monitor updates on digital assets tax reporting requirements, and seek professional advice to manage compliance uncertainty.
Neutral
Trish Turner’s resignation and appointment are unlikely to directly move cryptocurrency prices. However, continued leadership turnover in the IRS Crypto Unit may delay the release of tax guidance and heighten regulatory uncertainty. In the short term, traders face compliance challenges, but long-term market fundamentals remain unchanged. Therefore, the overall impact is neutral.