Carolyn Schenck

Carolyn Schenck, a former IRS attorney with two decades of experience in tax evasion, shares her insights on tax fraud enforcement in a time of reduced IRS resources. She warns that there's no federal statute of limitations for fraud, making any gamble on weakened enforcement risky. Schenck discusses how staffing cuts could embolden tax cheats but emphasizes the potential for increased IRS efforts, especially in digital assets like crypto. She also highlights the need for better resources and technology to combat illegal tax shelters.