Your Audit Golden Ticket
The best defense against an IRS audit costs $0 and takes 5 seconds a day.
High-stakes claim: A 'Custody Log' is the only thing standing between you and thousands of dollars in back taxes.
The Reframe: Record-keeping isn't a burden; it's the 'Golden Ticket' to your financial peace of mind.
The Simple Strategy:
- Be Contemporaneous: Mark the night count daily, not once a year.
- Be Specific: Note any 'temporary absences' like vacations or camp (The Disney Rule).
- Be Safe: A documented log is virtually impossible for the IRS to overturn in an audit.
Watch the full podcast episode for more details: 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.