Round Table Wealth Management Partner, Chief Compliance Officer, and Wealth Advisor Bruce Hyde was recently quoted in an article by U.S. News & World Report discussing the recently released ProPublica documents about high net worth individuals paying little income tax relative to their holdings. Bruce comments that while this report should not have a material effect on audits. it’s important to maintain quality documents and records as the burden of proof always falls on the taxpayer in the event of an audit.

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