IRS crypto chief Trish Turner resigns after three months to join Crypto Tax Girl, amid rising enforcement and major U.S. crypto tax reforms.
Author: Sahil Thakur
Published On: Sun, 24 Aug 2025 02:43:35 GMT
Trish Turner, the IRS’s head of digital assets, has stepped down just three months into the job. She’s now headed to the private sector, joining Crypto Tax Girl as tax director.
Turner’s exit comes at a critical time. The U.S. is gearing up for sweeping changes in crypto tax enforcement. Her departure adds to growing concerns about leadership churn and policy clarity at the IRS.
Turner announced her resignation on LinkedIn Friday. She reflected on her two-decade career at the IRS, saying she’s proud to have helped shape its early digital asset strategy.
She’s the third top crypto official to leave the IRS in recent months. Sulolit “Raj” Mukherjee and Seth Wilks also exited the digital assets division earlier this year.
Turner now says she wants to help bridge the gap between regulators and the crypto industry.
At Crypto Tax Girl, she’ll advise clients navigating compliance challenges. Founder Laura Walter said Turner’s expertise arrives just in time, with “big crypto tax and compliance changes on the horizon.”
Starting January 2026, crypto brokers must report gross proceeds and cost basis of digital asset sales via a new IRS form, Form 1099-DA.
The IRS is also stepping up enforcement:
The Treasury’s inspector general has even recommended reforms after finding gaps in how the IRS handled crypto-related investigations.
Congress is now weighing multiple crypto tax reform bills. Sen. Cynthia Lummis has introduced legislation to:
Meanwhile, the IRS has come under fire from watchdogs and politicians alike. And the political tide is shifting, President Trump recently overturned a rule that would have required DeFi platforms to report user activity.
Trish Turner’s exit isn’t just about one official leaving. It reflects a broader shift. Crypto is forcing old institutions to evolve, or fall behind.
As more regulators move to private firms, the line between oversight and industry keeps blurring. And as new tax rules kick in, the stakes for investors and for Washington – couldn’t be higher.
Rule / Event | Effective Date | What Changes |
---|---|---|
Form 1099‑DA reporting of gross proceeds | January 1, 2025 | Exchanges must report sales/exchange proceeds to IRS and taxpayers |
Wallet‑by‑wallet cost basis accounting | January 1, 2025 | Separate tracking per wallet becomes mandatory |
Form 1099‑DA to include cost basis | January 1, 2026 | Full capital gain/loss details will be reported by brokers |
Digital asset question on tax forms | Already in place (2023–2024) | Mandatory disclosure on broader range of forms |
Penalties for non‑compliance | Ongoing | Civil & criminal penalties enforced more strictly |
Capital gains income taxation | Ongoing | No change in rates or treatment, crypto = property |
Real voices. Real reactions.
IRS Director Trish Turner left the Dark Side to become a Crypto Jedi Knight. Also to make 10X what the IRS paid her. Bio listed within hours. Don't hate on her. One less of them. One more of us. https://t.co/AgzjXWn1I9
We are excited to announce that Trish Turner, former Head of Digital Assets at the IRS, has joined Crypto Tax Girl as our new Tax Director! With all of the big crypto tax and compliance changes on the horizon, we are excited to have Trish on board to help advise our clients! https://t.co/PoRwKEv62h
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