based on materials from - By Cointelegraph
The head of the cryptocurrency division of the IRS, Trish Turner, resigned just three months after taking office.
"Having worked for over 20 years at the IRS, I have completed an outstanding chapter of my career, expressing deep gratitude to those who shaped my path and made my work so meaningful," Turner wrote on LinkedIn on Friday.
"Together we overcame difficult challenges, developed long-term programs, and laid the foundation for the IRS's digital asset strategy, which has transitioned from niche to mainstream," Turner added.
In her message, Turner did not specify where she will go next, but explained that she looks forward to continuing this mission from a new perspective and establishing connections between the industry and regulators.
Bloomberg Tax reported on Friday that Turner told the publication in an interview that she would become the tax director at Crypto Tax Girl, a company specializing in cryptocurrency taxation. On the same day, the founder of Crypto Tax Girl, Laura Walter, announced on LinkedIn that Turner would join the firm.
"In light of all the upcoming major changes in cryptocurrency taxation and compliance, we are excited to have Trish on our team, who will advise our clients," Walter said.
Turner's resignation occurred just over three months after she was appointed head of the digital assets division in May. This followed the departure of Sulolit "Raj" Mukherjee and Seth Wilks, two private sector experts appointed to lead the IRS's cryptocurrency division, after they worked in their positions for about a year.
Economist Timothy Peterson commented on the announcement: "Trish Turner has left the Dark Side to become a crypto-knight Jedi."
On July 11, Cointelegraph reported that the leadership of the House Ways and Means Committee and the Subcommittee on Oversight announced that they had scheduled hearings in July to focus on "positive steps needed to develop a tax policy framework for digital assets." Just a few days before this, on July 4, the U.S. Treasury Inspector General for Tax Administration recommended reforming the IRS's Criminal Investigation Division's work with digital assets, citing repeated non-compliance with established protocols.
Meanwhile, on April 11, U.S. President Donald Trump signed a joint resolution of Congress that repeals the Biden administration's rule requiring decentralized finance (DeFi) protocols to report transactions to the IRS.
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