IRS' Crypto Leads Are Leaving the Agency After Accepting DOGE Deals

IRS' Crypto Leads Are Leaving the Agency After Accepting DOGE Deals
1. Visualize a futuristic cityscape with digital a...
A futuristic cityscape with digital assets floating above buildings to represent the IRS' Digital Asset Initiative and the development of strategies for taxing cryptocurrency.

IRS' Crypto Leads Are Leaving the Agency After Accepting DOGE Deals

The pair took voluntary resignation offers and left their positions after only a little more than a year of government service, according to two people.

Two individuals in the IRS have recently made the decision to leave their roles after accepting buyout offers. The duo, Wilks and Mukherjee, had a short stint of slightly over a year at the IRS before opting for voluntary resignation. Their journey began in February 2024 when they joined the IRS Digital Asset Initiative. Their primary focus was to assist the IRS in developing more effective strategies for taxing cryptocurrency. This included spearheading initiatives to enhance crypto reporting, compliance, and enforcement programs while collaborating with industry stakeholders. Last summer, they were involved in introducing an updated tax form, 1099-DA, aimed at simplifying tax filings related to digital asset transactions for U.S. taxpayers.

In addition to this role, Wilks served as the executive director of digital asset strategy and development within the IRS, while Mukherjee held the position of executive director of the digital assets office. They were also involved in shaping tax regulations specific to the crypto sector during their tenure.

2. Create an image of two individuals, Wilks and M...
Two individuals, Wilks and Mukherjee, standing in front of a large tax form, symbolizing their roles as executive directors in the IRS and their involvement in shaping tax regulations for the crypto sector.

It's worth noting that more than 20,000 employees at the IRS opted for a deferred resignation program recently. As per a report by the New York Times last month, these employees are on administrative leave until September.

Reporting contribution was made by Cheyenne Ligon.

3. Design an illustration of a group of diverse in...
An illustration of a group of diverse industry stakeholders collaborating around a table, with digital currency symbols and charts in the background, to represent the partnership between the IRS and industry stakeholders in enhancing crypto reporting, compliance, and enforcement programs.

Cheyenne Ligon contributed reporting.

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