Michael Raanan

767 posts

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Michael Raanan

Michael Raanan

@MichaelRaanan

🇺🇲 Former IRS Agent | 20-Year IRS Debt Expert | Enrolled Agent | Investor | Entrepreneur | @IRSvideos | @LandmarkTaxGrp | @HowToExitCA | @RaananPodcast

Not tax/financial/legal advice Katılım Mart 2023
1.1K Takip Edilen337 Takipçiler
Alex Feinberg
Alex Feinberg@Alexfeinberg·
Once you have an extra ~$10K per year to spend on fun experiences, the choke point to maximally enjoying yourself becomes a lack of schedule control More time will open more doors for you than more money will Are you structuring your life accordingly?
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Michael Raanan
Michael Raanan@MichaelRaanan·
AI and back taxes. I'm getting this a lot, so I'll speak to it. Every year during tax season, the IRS puts together a list of alerts. This year, they added a new one. They said: "Taxpayers should not rely on AI-generated responses to complex tax questions, and they should verify any calculations or information provided by artificial intelligence." This applies to back taxes, as well as tax preparation. AI might provide some information, but taxpayers are ultimately on the hook. Remember, you get the penalties, not Grok or ChatGPT.
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Simon Dixon
Simon Dixon@SimonDixonTwitt·
You’re definitely asking the right questions. I sold my company. I’ve been exiting all my private equity. I achieved full financial freedom a long time back and the income on my investments far exceed the amount I spend. I don’t monetise or take sponsorship on any of my content. I don’t sell anything. I can say what I want within the boundaries of my ethical code. I believe in Bitcoin in self custody as you don’t have to answer to anybody. I also believe that God can take that blessing away from me if I don’t give back.
J⚡H the Denier@Zanstonks

@SimonDixonTwitt @ElPalPalacios Simon let's be honest, your companies and companies you invest have a board. The members of that board directly influences how much you're paid. Those board members can be and realistically are the same people you may or may not criticize.

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Grant Cardone
Grant Cardone@GrantCardone·
To all my investors, partners, employees, friends & family thanks for trusting & allowing me to contribute to your life. The greatest gift is not the stuff collected along the way but the ability to help others. Since very young all I ever really wanted was to improve improve the quality of my own life so that one day others could depend on me to improve theirs. Thanks everybody!l for letting. Me play a part in your life! GC
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Gary Cardone
Gary Cardone@GaryCardone·
Best birthday creation I have received to date, from @thedanahowell you are awesome. Thank you to everyone who thought of me today, now go out and be nice to someone.
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Michael Raanan
Michael Raanan@MichaelRaanan·
@JesseTinsley This type of synergy is really powerful Would love to invest in Mainstreet 🫶
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Jesse Tinsley
Jesse Tinsley@JesseTinsley·
A brief excerpt from our Q1 investors update on why companies sell to Mainstreet: "We are often asked why companies cannot simply do this themselves. In theory they can. In practice most cannot. Building one product is entirely different from running, integrating, and optimizing dozens of companies and products at once. That is the advantage of our model. Mainstreet is built less like a traditional SaaS company and more like an AI powered index of verticalized operating businesses. The result is a more resilient revenue base with less single product risk and less contagion risk. In a market where many software companies remain dependent on one core product for survival and AI threatens more and more individual products each day. That distinction matters. "
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Oasis
Oasis@oasishealthapp·
Yogurt eaters have measurably lower phthalate levels A study of 8,000 people found regular yogurt eaters had measurably lower levels of phthalate markers in their urine compared to non-consumers. The bacteria physically bind to plastic particles in your gut and carry them out. Separate animal research found that a specific strain of lactic acid bacteria found in yogurt boosted microplastic excretion by 34% and cut residual gut plastic by 67%. The more live cultures present, the more binding activity occurs. Check yogurt ratings in the Oasis app
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Michael Raanan
Michael Raanan@MichaelRaanan·
@JesseTinsley For sure What do you look for the most when vetting a prospective acquisition?
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Jesse Tinsley
Jesse Tinsley@JesseTinsley·
@MichaelRaanan Can paint a different picture of ebitda depending on what story you want to tell 😂
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Jesse Tinsley
Jesse Tinsley@JesseTinsley·
EBITDA is either total nonsense or the only thing that matters. It just depends on if it helps or hurts me as a buyer.
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Bari Weiss
Bari Weiss@bariweiss·
Incredible investigation today from @CBSNews. Our reporters visited "ground zero" for hospice fraud: Los Angeles, California. One building had 89 registered hospices . . . Read it here: cbsnews.com/projects/2026/…
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World of Engineering
World of Engineering@engineers_feed·
Result of @elonmusk ‘s programming test when he was 17. IBM had to re-evaluate him as they hadn’t seen anyone achieve such a high score on a computer aptitude test
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Nick Huber
Nick Huber@sweatystartup·
A while back I encouraged folks on twitter to get bloodwork 2x a year. A doctor friend of mine started arguing with me. "No need for this. If there are no symptoms, why look for problems?" I asked him when the last time he got bloodwork was. He said 7 years. These are the doctors who are arguing with you telling you you don't need to know your ApoB, fasting insulin, testosterone, etc. WAKE UP. Being a self respecting person with a family or business and not knowing your LDL, ApoB, Fasting Insulin, Testosterone, Cortisol, Vit D and others is negligent, reckless and inexcusable.
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Michael Raanan
Michael Raanan@MichaelRaanan·
@elonmusk @Rothmus Elon is correct The IRS has the big data and granular details on CA fraud. It is massive.
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Elon Musk
Elon Musk@elonmusk·
@Rothmus Minnesota is bad, but fraud in California and New York is >1000% worse
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Jack Carr
Jack Carr@JackCarrUSA·
On March 8, 2021, filming began on the Amazon Prime Video adaptation of my first novel, THE TERMINAL LIST, starring @prattprattpratt as James Reece. It was almost three years to the day from initial publication. Our guiding principle from the beginning was to capture the warrior mindset and make a show that honored the sacrifice of those who put on the uniform and went downrange. That continued to be our guiding principle filming THE TERMINAL LIST: DARK WOLF starring Taylor Kitsch and THE TERMINAL LIST Season 2 based on TRUE BELIEVER. Filming DARK WOLF and TRUE BELIEVER took us to Hungary, Croatia, South Africa, Canada and Morocco with an incredible cast and crew. I am truly thankful for the entire team that has become family as we’ve brought these books and scripts to the screen. THE TERMINAL LIST Season 2 takes James Reece on a journey of violent redemption across the globe. It should drop later this year. We are in post-production editing the final episode and it is outstanding! Will there be an adaptation of SAVAGE SON? A second season of DARK WOLF? An adaptation of CRY HAVOC? A show based on the Hastings family in Africa? You never know how these things are going to go in Hollywood, but it sure would be cool :) Have a wonderful Sunday and thank you for all your support. Back to writing here! ✍️📚
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Michael Raanan
Michael Raanan@MichaelRaanan·
@accounting What software are you using to handle the accounting/calculations?
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Andrew Gordon
Andrew Gordon@accounting·
This year the IRS made the most INSANE change to the tax code for crypto investors. Not just big traders, every investor is impacted For 2025 taxes the IRS is requiring all US exchanges to report sales proceeds from EVERY trade. That’s every sale, swap, spend. The sales are reported. But NOT your cost basis, or price you pay. NOT the gain or loss. That’s on YOU to report. That’s why this is ridiculous. Taxpayers are left having to calculate their own cost basis. And if you don’t report properly or in full to the IRS? Audit, IRS notices, or even worse. I’m a CPA and attorney helping crypto investors for the last decade report their crypto. This is the BIGGEST and WORSE change yet.
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Andrew Kaufman MD
Andrew Kaufman MD@AndrewKaufmanMD·
Let’s pause and think about what actually happens during a colonoscopy. You’re sedated. A flexible tube with a small camera is inserted into the colon so physicians can examine the lining and remove abnormal growths at the discretion of the doctor. That lesion may become cancerous in 15-20 years or it may never become cancer. In the meantime, poking a little too hard with the instruments can make a hole, leaking fecal matter into your abdominal cavity. So you could end up with emergency surgery for a possible lesion that could possibly become cancerous someday. Now, instead of reacting emotionally or projecting the program you’ve been given, step back and think logically. Does this sound like a good idea? When a procedure can lead to death or permanent damage, don’t you think it’s time to rethink our approach?
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Michael Raanan
Michael Raanan@MichaelRaanan·
@Cernovich He's right. People are always shocked how a client can owe millions in back taxes, but get a favorable resolution like a low-dollar payment plan or a hardship. This is one of the ways.
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