The IRS lost two key directors who work in cryptographic initiatives, Seth Wilks and Raj Mukherjee, on Friday after they accepted deferred resignation offers led by the Government’s efficiency department.
Wilks and Mukherjee, who went to the IRS from the cryptographic industry, technically remain employed with the IRS during the next months, but are on administrative license paid from Friday afternoon, two people familiar with the situation to Coindesk said. The administration of President Donald Trump, through Doge, offered deferred resignations to a wide range of federal employees earlier this year.
Wilks, who was previously vice president of Taxbit, and Mukherjee, who was previously agreed and Binance. Tax Chief, both joined the IRS digital asset initiative in February 2024, and had the task of helping IRS to build a better focus for cryptographic taxes, including the agency’s leadership to build reports, compliance and application programs for cryptin and coordination and coordination with the industry. They worked in an updated tax form of 1099-DA shared last summer to help people to submit taxes linked to digital asset transactions.
The couple also supervised parts of the agency’s efforts to write fiscal rules for the cryptographic industry.
The IRS ended one of those rules, imposing certain data collection requirements in decentralized finance corridors (Defi), on the waning days of the old Joe Biden administration. This rule was revoked by Congress earlier this year under the Congress Review Law in a joint resolution signed by Trump.
Wilks was the Executive Director of Strategy and Development of Digital Assets of the IRS, while Mukherjee was the executive director of the Office of Digital Assets.
Both people who talked to Coindesk pointed out that the two officials had accepted voluntary purchases, but that these deferred resignations advanced to the expected cuts to the IRS staff.
More than 20,000 IRS employees registered in the Deferred Resignation Program, the New York Times reported last month, and these employees underwent administrative license until September.
