The recent changes in IRS regulations, allowing penalty-free withdrawals of up to $1,000 from Individual Retirement Accounts (IRAs), mark a significant development in retirement planning policy. This update, implemented under the SECURE 2.0 Act, aims…
What Triggers an IRS Audit? Key Factors to Know
Introduction Facing an IRS audit can be a daunting experience. Understanding what triggers an IRS audit can help you take steps to minimize your risk. In this article, we'll explore the common triggers for IRS…