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John Schoenecker
Federal tax policy with a background in tax legislation, Congressional investigations, and complex civil tax litigation
John Schoenecker is the Head of Policy at TaxBit, a fintech company based in Salt Lake City that specializes in tax compliance solutions for digital assets. He joined TaxBit in April 2022, where he leads the company's engagement with government entities and develops regulatory strategies to navigate the complexities of digital asset taxation.13
Professional Background
Before his role at TaxBit, Schoenecker served as tax counsel for the House Ways and Means Committee and the Senate Finance Committee. His work involved investigating tax shelters, particularly during his tenure under Senator Charles Grassley.1 Prior to that, he was a trial attorney for the Department of Justice’s Tax Division, where he spent eight years handling various tax-related legal matters.12
Contributions and Insights
In recent discussions, Schoenecker has analyzed significant developments in U.S. tax regulations concerning digital assets. He emphasized the importance of new Treasury regulations aimed at closing the estimated $50 billion digital asset tax gap and facilitating clearer tax reporting for brokers and customers alike.1 His insights reflect a commitment to fostering understanding and compliance within the evolving landscape of digital asset taxation.
