IRS appoints Trish Turner to head crypto division amid resignations
Trish Turner has been appointed to lead the IRS's digital assets division following the departure of Sulolit “Raj” Mukherjee and Seth Wilks, who left after about a year in their roles. Turner has over 20 years of experience at the IRS and previously served as a senior adviser in the Digital Assets Office. The IRS is increasing its scrutiny of cryptocurrency, ramping up audits and criminal investigations into digital asset transactions. A proposed IRS DeFi broker rule, set to take effect in 2027, aimed to expand reporting requirements for DeFi platforms but faced criticism and was overturned by President Trump. The regulatory environment for crypto is shifting, with federal agencies scaling back perceived burdensome regulations. Internally, the IRS faces instability, with over 23,000 employees expressing interest in resigning due to a reintroduced deferred resignation policy.