Vincent Espinoza

Everyday we’re engaged in a miracle, we don’t even recognize

[Vincent Espinoza @_VME]

.

[proxy @proxy63s]

just a random girl in Monaco driving this 😳 she knows something we don’t know.

[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 reverse-engineer the lowest possible offer

The IRS doesn't want to chase you for 10 years. Collection employs 78,000 people. Each agent costs the agency $89,000/year in salary and overhead. Liens require court filings. Levies require processing. Garnishments require administration. They'd rather take your $5,000 check today than spend $120,000 in administrative costs over a decade trying to squeeze $100,000 out of someone who will never have it

They literally built a math formula to calculate the minimum they'll accept. Here it is:

RCP = (monthly disposable income x remaining collection months) + (net realizable equity in assets)

Monthly disposable income: your gross monthly income minus IRS-allowed living expenses. They don't use YOUR actual expenses. They use standardized tables published at the irs website standards. These tables set exact allowances by county for housing, food, transportation, healthcare, and out-of-pocket expenses

If you earn $4,200/month and the IRS allowable expense table for your county totals $3,900, your disposable income is $300/month. If you earn $3,800/month and the table allows $3,900, your disposable income is negative and the IRS considers it $0

Remaining collection months: for a lump sum offer (paid in 5 months or less), multiply disposable income by 12. For a periodic payment offer (paid over 6-24 months), multiply by 24. The lump sum multiplier is lower, which means a lump sum offer will always be cheaper than a payment plan offer. Always choose lump sum if you can

Net realizable equity in assets: bank accounts, investments, vehicles, real property. BUT they subtract allowances. Your primary car: exempt up to the IRS local standard (roughly $6,000-$10,000 in equity depending on area). Household furnishings: fully exempt. Retirement accounts: partially exempt and heavily discounted (the IRS applies a "quick sale value" of 60-80% of actual value because they know selling retirement accounts triggers penalties)

Real calculation:

Income: $4,200/month
IRS allowed expenses: $3,900/month
Disposable income: $300/month

Lump sum multiplier: 12 months
$300 x 12 = $3,600

Assets:
Bank account: $2,100
Car equity: $4,800 (below IRS exemption, counts as $0)
401k: $18,000 (quick sale value at 60% = $10,800, minus 10% early withdrawal penalty = $9,720, minus taxes at 22% = $7,582)
Household goods: exempt

But here's the part most people don't know: you can CHOOSE to exclude retirement accounts from the RCP calculation by checking a specific box on Form 433-A (OIC). The IRS has an internal policy (IRM 5.8.5.24) that allows exclusion of retirement assets for taxpayers under age 65 if liquidating those assets would cause economic hardship. Your tax preparer should know this. Most don't

Revised RCP without retirement: $3,600 + $2,100 = $5,700

Your offer: $5,700 on $100,000 in tax debt. 5.7 cents on the dollar

The nuclear part:

While the OIC is being reviewed (6-24 months), ALL collection activity legally stops. No levies. No new liens. No wage garnishment. The IRS cannot collect a single dollar from you while your offer is pending. This is codified in IRC Section 6331(k)(1)

And if the IRS fails to make a determination within 24 months of receiving your application, your offer is AUTOMATICALLY ACCEPTED. Two years of silence = you win by default. IRC Section 7122(f). They built an auto-accept clause into the law that most taxpayers never invoke because most taxpayers never file an OIC

The forms you need:

Form 433-A (OIC): complete financial disclosure for individuals. Every bank account, every asset, every income source, every expense. 8 pages. Fill it out accurately because they cross-reference against IRS records, DMV records, and financial institution reports. Lying on this form is a federal crime under 18 U.S.C. 1001

Form 656: the actual offer. Your amount, your payment terms, your signature

$205 application fee (waived if income is below 250% of federal poverty level, which is $38,100 for a single person in 2026)

Initial payment with the application: 20% of your offer for lump sum. On a $5,700 offer that's $1,140

A woman owed $213,000 across 4 tax years (2019-2022). Hadn't filed 2020 or 2021. Hadn't paid any of them. Receiving CP504 notices (intent to levy) every month. We filed the delinquent returns first (required before OIC submission), then calculated her RCP at $8,400. Submitted OIC with $1,680 initial payment

IRS accepted 9 months later. $213,000 settled for $8,400. 3.9 cents on the dollar

She went from getting levy notices every month to a $0 IRS balance. Then we fixed her credit (the tax lien had destroyed it). Then we stacked $120K in 0% business funding. She opened a cleaning company 4 months later. The same IRS that was garnishing her wages is now processing her quarterly estimated tax payments from a profitable business

the IRS is the scariest creditor in America. they can garnish without a court order. seize your bank account with 30 days notice. lien every asset you own. but they also built a form where they calculate the minimum they'll accept using a formula you can reverse-engineer, and if they don't respond in 2 years your offer is automatically approved. the math is public. the formula is published. the form costs $205. the difference between paying $100K and paying $5K is knowing it exists lol

(we fix credit and build capital stacks. if you owe back taxes, handle that first. then we get you funded. link in bio)

[VINTAGE @CarSighting]

I’m a huge Porsche fan and it’s hard to miss this one-of-a-kind car.

In 1983, Porsche built the most extreme 935 ever made for road use, a one-off commission for Saudi businessman Mansour Ojjeh. A fresh 930 shell pulled straight off the line, fitted with a 934-sourced 3.3L turbo tuned to 375hp, full 935 race bodywork, competition suspension and brakes.
550 modifications. A 17-page invoice. The first car ever built by what would become Porsche Exclusive.
In the first picture, Mansour Ojjeh is seen collecting the keys to his masterpiece.

[Spurs Culture @SpursCulture]

Manu Ginobili taking down this USA team in the 2004 Olympics doesn't get talked about enough

[SpursNation @SpursNationYo]

Manu was a wizard man 😭

[Syd Steyerhart @SydSteyerhart]

Everyone tells me that Elon Musk is a fascist because he could "solve world hunger" for a mere 3 billion dollars, but MacKenzie Bezos has burned through 26 billion dollars of her ex husband's money and accomplished absolutely nothing of note.

[cinesthetic. @TheCinesthetic]

Christopher Nolan has long cited Michael Mann’s HEAT (1995) as a major inspiration for THE DARK KNIGHT (2008).

The influence is easy to see in the film’s grounded crime drama, city-scale storytelling, and unforgettable opening bank heist.

[ScreenTime @screentime]

The first-ever Lego Dragon Ball Z set has been leaked

The $200 Shenron Diorama is said to be released in November and include a Young Goku minifig

[Crazy Moments @Crazymoments01]

Twelve Years Apart — The Dog Still Recognized Him Through Airport Glass.

[SportsCenter @SportsCenter]

Edward Norton talking to himself at the USA-Türkiye game 😅

[Morbid Knowledge @MorbidKnowledge]

Before filming American Psycho, Christian Bale met with author Bret Easton Ellis and stayed completely in character as Patrick Bateman. After just 10 minutes, Ellis reportedly asked him to stop, later calling it one of the creepiest experiences of his life.

[Shannonnn sharpes Burner (PARODY Account) @shannonsharpeee]

Eagles WR Devonta Smith was gifted a custom Chevelle SS by his wife Mya as a wedding gift 🔥🔥🔥

“How you ride Mr. Smith?”

[Ben Kelly @benkellyone]

Trump just doubled the SBA loan limit.

The U.S. government will now give you up to $10 million to buy a small business.

Here's how normal American families are using this to build generational wealth:

[iPaul @iPaulCanada]

原来学空翻这么简单吗？

[Every Movie Plug @everymovieplug]

The famous one shot opening sequence to 'Spectre' and how it looked on set.

[NBA @NBAWAY0FFS]

The Miami Heat roster besides Giannis and Bam

[SPURS LATAM @Spurs_Latam]

Manu Ginóbili fue ver el Argentina-Austria en Dallas y fue OVACIONADO de pie por el estadio.

Querido por todos ❤️🇦🇷

[Anuj @anujcodes_21]

🚨Anthropic just showed a 24-minute workshop on how to actually do prompts for Claude.

Taught by the people who built it.

Free. No registration. No paywall.

I've seen $300 courses that don't cover what they teach in the first 8 minutes.

Watch it and bookmark it now.

[Shay Boloor @StockSavvyShay]

Jim Simons first disclosed $NVDA in Q1 2011 (now +46,000%) and $MU in Q3 2013 (now +6,000%).

The quant firm he built (Renaissance Technologies) now holds a ~$1B stake in $PLTR which is trying to own the execution layer of real-world AI as agentic AI scales.