IRS Crypto Officials Resign, Creating Tax Uncertainty
- Seth Wilks and Raj Mukherjee, senior IRS crypto officials, resigned on May 2.
- Their departure coincides with the upcoming enforcement of the 1099-DA form in 2025.
- The duo played a key role in shaping the IRS Digital Asset Initiative.
- Over 20,000 IRS employees opted for early resignation under a federal program this year.
The resignation of Seth Wilks and Raj Mukherjee leaves a leadership gap in the IRS’s crypto tax division as preparations for the mandatory use of the 1099-DA form in 2025 continue. Their exit is part of a larger trend, with over 20,000 IRS staff taking early resignation offers this year.
Source (2.6)https://coingape.com/crypto-investors-face-tax-uncertainty-as-key-irs-officials-resign/?rand=24432
