Dave Nelson

[Rohit @HeyRohhit]

In 2008, Malcolm Gladwell explained why some people succeed and some don't in a single 1-hour talk.

This will permanently change the way you think about talent, effort, and success.

Bookmark & watch today, no matter what.

[Nick @Balder998]

We did exactly these exercises in boxing class yesterday at the end of it. Everyone was quasi-crying. They really work 👌

[Mr.4L @BaulOut]

BACKROOMS FULL MOVIE 🍿

[Aariv Khanna @AarivKhanna]

🚨 I dropped a full year of bank statements into Claude Opus 4.6 and it sorted everything in 20 minutes.

Income. Expenses. Categories. Recurring charges. The whole picture.

That is roughly $11K in accounting work. Here is the exact prompt: ↓

[hunter @hxxntrr]

You owe the IRS $100,000

They'll take $5,000 and close your file. Permanently. Balance goes to $0

It's called an Offer in Compromise. Form 656. The IRS approved 42% of them last year. Application fee: $205

Here's the exact formula they use to decide your number and how to make sure yours gets accepted

The IRS doesn't want to chase you for 10 years. Collection costs money. Agents cost money. Liens cost money. They'd rather take $5,000 today than spend $50,000 over a decade trying to squeeze $100,000 out of someone who will never have it

That's the entire program. They did the math and built a form for it

The formula:

The IRS calculates your "Reasonable Collection Potential." What they realistically think they can get from you. Your offer needs to meet or beat that number

RCP = (monthly disposable income × remaining collection months) + (asset equity after exemptions)

Monthly disposable income: your gross income minus IRS-allowed expenses. They have specific tables for housing, food, transportation, and healthcare by county. Not YOUR expenses. THEIR approved numbers

If you earn $4,000/month and their table says your allowable expenses are $3,800, your disposable income is $200/month

Remaining months: for a lump sum offer (paid within 5 months), they multiply by 12. For a payment plan (6-24 months), they multiply by 24

Assets: bank accounts, investments, vehicles, property. But they subtract exemptions. Your primary car up to a certain value is exempt. Household furnishings exempt. Retirement accounts often partially exempt

Real case:

Disposable income: $200/month
Asset equity after exemptions: $2,000

Lump sum RCP: ($200 × 12) + $2,000 = $4,400

That's your offer. $4,400 on $100,000 in tax debt. 4.4 cents on the dollar

The forms:

Form 433-A (OIC): full financial disclosure. Income, expenses, assets, bank statements. Every number. Fill it out honestly because they verify everything. Lying on this form is a federal crime and they'll reject your offer AND flag you for audit

Form 656: the offer itself. Your amount. Your payment terms

$205 application fee (waived if income is below 250% of federal poverty level)

Initial payment: 20% of your offer submitted with the application for lump sum. On a $4,400 offer that's $880 upfront

Here's the part that makes this genuinely broken:

While your offer is being reviewed, which takes 6-24 months, ALL collection activity stops. No levies. No liens. No wage garnishment. They legally cannot collect while the OIC is pending

And if the IRS doesn't make a determination within 2 years of receiving your application? Your offer is automatically accepted. Two years of silence = you win by default. That's in the tax code lmao

Client owed $147,000 across 3 tax years. Hadn't filed. Hadn't paid. Getting letters every month. We calculated his RCP at $6,200. Submitted the OIC with $1,240 initial payment

IRS accepted 7 months later

$145,000 in tax debt settled for $6,200. 4.2 cents on the dollar

He went from not opening his mailbox to a $0 IRS balance. Then we fixed his credit. Then we stacked $80K in 0% business funding. Started a pressure washing company 5 months later

The IRS is the scariest creditor in America. They can garnish without a court order. Seize your bank account with no warning. Lien everything you own

But they also built a program where they take your $5,000 and walk away happy

The difference between the person who pays $100,000 and the person who pays $5,000 is knowing Form 656 exists

Now you know

(We fix credit and build capital stacks. If you owe back taxes, handle that first. Then we get you funded. Link in bio)

[Andrew D. Huberman, Ph.D. @hubermanlab]

There is simply no exercise physiology podcast with the level of rigor, breadth and depth and practical applications as PERFORM with @DrAndyGalpin This is listen asap and archive to keep coming back to stuff.

[Dave Nelson @DNelly03]

@BizzyBones11 let’s get it!

[The Iced Coffee Hour @TheICHpodcast]

Kevin O’Leary reveals you’ll become a millionaire on $69,000/year by investing 20% of your paycheck each week👀

“Take 20% of your salary of $69,000 and put it into the market each week and don't touch it”

[Ryan Holiday @RyanHoliday]

Give Me 14 Minutes And I'll Give You The Best Advice From a 2000-Year-Old Philosophy (Stoicism)

[CooperBaggs 💰🍞 @edgaralandough]

The man who saved me from myself:

Alan Watts

His unique view on psychology, philosophy, and spirituality will change how you perceive life forever.
After listening to him for 350+ hours, I can confidently say, these are his 7 greatest insights:

*SAVE THIS AND COME BACK*

[Cillian Murphy Fans @CMurphyFans]

Peaky Blinders recap before you watch the film

[The Driven Man @Thedrivenman]

Two minutes of reverse plank’s every day 💪🔥

[Ye Charts @kanyechart]

Kanye West performing 'Runaway' and ending his show for 41,000 people in Mexico next to North West. INSANE!
https://t.co/Lb6KGrHb53

[Kakashi @kkashi_yt]

“How to fix your entire life in 1 day”

I turned the entire article into a video-audio with subtitles.

Over 30,000 words, I hope you find it helpful.

[yinkyisamazing @beyond_oyinkan]

Now that I have read this, it will haunt me until my life starts to look like I want it to.

[!Nspirenaire〽️ @Inspirenaire]

I needed this tutorial...I only learned the one generic way . Lolol

[Rishabh @Rixhabh__]

DUOLINGO COULDN’T TEACH ME SPANISH IN 2 YEARS

ChatGPT did it in just 2 weeks.

No overpriced apps. No boring repetition. Just results.

Here are the only 6 prompts I used:👇

[notfunny @apnaj2]

A lesson for Men on how to never be triggered by Women: