Your Audit Golden Ticket
Tax safety isn't just about what you file today; it's about what you can prove three years from now. The IRS typically audits returns years after the fact, when memories have faded and calendars have been cleared. This is why the S3 Framework advocates for the Custody Log.
We call this log your 'Golden Ticket.' It is a contemporaneous record of exactly where your child slept every night of the year. In the event of an audit regarding your Head of Household status, this log is your primary defense.
Maintaining a log isn't a complex legal task; it’s a Simple daily habit. Whether it’s a physical calendar, a spreadsheet, or a dedicated app, having a 'Sound' record that shows your child was in your bed for 183+ nights makes your filing status unassailable. It transforms the anxiety of a potential IRS inquiry into the calm urgency of professional preparation. You aren't just 'logging nights'; you are building a financial shield that protects your household's future resources.
Learn EVERYTHING about this topic:
https://youtu.be/TLLoUIgKUKo
DISCLAIMER: This content is for educational purposes only and should not be considered personalized financial advice. Always consult with a qualified financial professional before making financial decisions.