Karen Kelly was quoted in a Tax Notes article titled “Risky Business: Inside the Lucrative Tax Shelter Game.”
In the article, Karen addresses how the constant evolution of tax scams highlights the tug-of-war between capitalism and compliance.
She said, “The schemes exist to meet the market,” adding that Byzantine rules invite bad actors to “twist complex portions of the tax code to yield to their personal interests.”
Read the full article here.
About Karen
The former acting head of the Justice Department’s Tax Division, Karen joined Kostelanetz after more than 30 years of criminal practice, including as a federal prosecutor who investigated and prosecuted sophisticated criminal tax shelters. At Kostelanetz, she represents individuals and entities adverse to the government, including in tax and white-collar matters.
