U.S. Crypto Tax Leadership Vacuum Amid Rising Regulatory Demands

The Internal Revenue Service faces a leadership crisis in its digital assets division as Trish Walker, the recently appointed chief, departs alongside two other key officials. This exodus leaves the agency unprepared for an anticipated surge in cryptocurrency tax filings.

New reporting requirements, including the 1099-DA form, will expose millions of crypto investors to tax obligations for the first time. The 2025 tax year is expected to bring a flood of filings from taxpayers who previously failed to report crypto income due to regulatory uncertainty.

While the industry awaits potentially favorable tax legislation from Congress, current policies remain in force. The IRS's diminished capacity to handle complex crypto taxation cases comes at precisely the moment when expert guidance WOULD be most valuable.