Trish Turner, the leader of the IRS's digital assets unit, is departing for the private sector as new tax regulations for cryptocurrencies are set to roll out. Her exit follows the recent resignations of two other high-profile IRS officials and comes at a time when the IRS anticipates a surge in crypto tax filings. Under Turner's leadership, the IRS initiated new rules and forms to clarify tax commitments for crypto investors, including the introduction of the 1099-DA form for reporting transactions. The IRS is preparing for increased scrutiny as millions of taxpayers who previously disclosed crypto activities could significantly raise the tally of applicants. Turner will join a tax firm specializing in crypto and stated her eagerness to assist clients in navigating the changing tax landscape as she shifts from government to private advisory roles. The IRS's digital asset function faces challenges with staffing cuts, which could hinder its ability to manage the expected influx of tax returns regarding crypto investments.

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