The U.S. Internal Revenue Service hopes to issue crypto tax guidance ready "in 12-ish months," Julie Foerster said from the stage at Consensus 2023 on Friday.

"We are engaging with you all so we get it right and build a plan," she said. She later added the IRS "needs to look at the skills of the people we have today and those we will bring on in the future. ... We need to have the right tools and the right people."