TRM Talks: Talking Crypto Tax Policy and Guitar Riffs with the IRS’s Seth Wilks

In this episode Ari Redbord, TRM's Global Head of Policy, sits down with Seth Wilks, Executive Director for the Office of Digital Assets Initiative at the Internal Revenue Service (IRS) to discuss Seth’s journey from guitar riffs to crypto tax policy. Seth talks about his journey from TaxBit to leading the IRS’ work on digital assets including his partnership with TRM Talks alum Raj Mukherjee, their work on the recently published broker regulations and what comes next for non-custodial services.

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About Seth Wilks

Seth Wilks is a seasoned professional in the taxation and digital assets space, bringing a wealth of expertise to his new role as Executive Director, Strategy & Development in the Office of Digital Asset Initiative (DAI) at the Internal Revenue Service (IRS). The DAI serves as a Program Office that will help the IRS set consistent, global digital asset strategy, including internal IRS procedure and policy. With a robust background in tax technology and compliance, Seth‘s private sector experience has been an asset to the IRS.

Prior to the IRS, Seth was a senior leader at the digital asset tax and accounting SaaS company, TaxBit. He built a world-class subject-matter expert team, which contributed to the company's reputation as a leader in the fintech industry. His keen insights into regulatory compliance and emerging trends in digital assets positioned him as a trusted advisor to both private and public sector clients navigating the evolving digital asset landscape. As the policy leader, Seth oversaw all government relations efforts, which included interfacing with policymakers on Capitol Hill, regulators, and industry associations. Seth worked closely with all facets of the business, including product, engineering, sales and implementation.

Seth came to the digital assets world after leading several multi-national tax departments, focusing on complex supply chains, transfer pricing and cross-border transactions. He has both a Master’s and Batchelor’s Degree in Accounting with an emphasis in taxation from Brigham Young University’s Marriott School of Management.