Podcasts about Setup

Heath Cummings is joined by John Bosch to talk about how to start your first fantasy league and how to be a better commissioner. (0:00) Intro (2:45) 3 Questions for John Bosch: Biggest mistakes and ways to make a league work (11:45) Must-haves when establishing rules, league constitution (22:30) How to handle the money in Fantasy Football leagues (28:24) How to handle proposed rule changes and what rules are off limits (32:55) Talking startups (41:25) Chat questions To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Ethan wants to find out if his girlfriend is lying about her new friend being just a "friend". Follow us on socials! @themorningmess

Scott Wapner and the Investment Committee debate what the Kevin Warsh pick means for the market and your money. Plus, we hit the latest Calls of the Day. And later, the desk give you their Setup on next week's key earnings reports. Investment Committee Disclosures Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In dieser Folge tauchen Daniel Dippold, EWOR, und Mike Mahlkow tief in ihre persönlichen Produktivitäts-Setups ein. Sie sprechen offen und konkret über die Tools, die ihnen wirklich Zeit sparen und ihren Arbeitsalltag effizienter machen – von E-Mail und Kalender über File Management und Meeting-Transkription bis hin zu Hardware-Tipps. Dabei geht es nicht um Tool-Overload, sondern um die Frage: Wie findet man die richtige Balance und was bringt wirklich Return on Time? Was du aus der Folge mitnimmst: Konkret & ehrlich: Welche Tools Daniel und Mike täglich wirklich nutzen und warum – von Superhuman für E-Mail, Raycast für Mac, cal.com/WimCall für Scheduling, Optiverse für Meeting-Transkription bis zu ClickUp und Google für Projekt- und Wissensmanagement. Prozess statt Hype: Wie man Tools auswählt und woran man erkennt, ob sich das Onboarding und der Wechsel wirklich lohnt. Hardware matters: Warum ein guter Laptop, stabile Kopfhörer, Mikro & Internet genauso produktiv machen wie die beste Software. Ergonomie & Gesundheit: Wie ein Laptopständer und externe Tastatur Nackenproblemen vorbeugen. Tool-Philosophie: Produktivität ist kein Tool-Overload! Es geht um wenige, aber wirkungsvolle Tools – und darum, regelmäßig zu prüfen, was wirklich Zeit spart. Bonus: Ausblick auf AI-Workflows und warum ein bewusster Umgang mit neuen Tools und Automatisierungen immer wichtiger wird. ALLES ZU UNICORN BAKERY: https://stan.store/fabiantausch   Daniel Dippold  LinkedIn: https://www.linkedin.com/in/danieldippold  Website: https://www.ewor.com/  Mike Mahlkow LinkedIn: https://www.linkedin.com/in/mikemahlkow/  Website: https://fastgen.com/  Join our Founder Tactics Newsletter: 2x die Woche bekommst du die Taktiken der besten Gründer der Welt direkt ins Postfach: https://www.tactics.unicornbakery.de/  Kapitel: (00:00:00) Produktivität: Tools und Prinzipien (00:01:30) Superhuman & E-Mail-Produktivität (00:04:42) Snippets, Scheduling und Follow-ups in Superhuman (00:07:15) Inbox Zero & Unified Inbox (00:09:09) Raycast & File-Management auf dem Desktop (00:12:15) Naming, AI-Features und Quick Links in Raycast (00:16:42) Kalender-Tools: cal.com, WimCall & Scheduling-Infrastruktur (00:22:48) Meeting-Transkriptionstools & Automatisierungen (00:26:21) Hardware: Kopfhörer, Mikrofone, Laptops & Setup (00:37:16) Die drei wichtigsten Tools für junge Companies (00:38:27) Project Management: ClickUp, Google Docs & Knowledge Management (00:42:47) Internet & Tastatur als unterschätzte Produktivitätsfaktoren (00:46:07) Ergonomie: Laptopständer & Nackenprobleme (00:47:46) Zeittracking & ROI von Tools (00:49:05) Fazit: Weniger ist mehr & Ausblick auf AI-Tools

Isabel thinks her man had a one-night stand while she was out of town. Follow us on socials! @themorningmess

Alec Bauer joins the Restaurant Unstoppable Network for a live Q+A on March 2nd, 2026 at 11AM EST. To join us and engage with all our guests and events, go to restaurantunstoppable.com/live -OR- to just catch today's guest, head over to restaurantunstoppable.com/cwe and we will get you a link to join that specific event for FREE! Alec Bauer is the Principal and Creative Director of Kitchen, Restaurant & Bar Specialists (KRBS), a Burlington, Vermont-based foodservice design consultancy. A graduate of the New England Culinary Institute, he honed his skills as a chef in renowned kitchens like The Ryland Inn, Auberge du Soleil, Maison Blanche in Paris, and The Four Seasons San Francisco. Bauer transitioned to foodservice consulting and design in 2005, founding KRBS—initially from his San Francisco Bay Area garage—now headquartered at 36 Locust St. in Burlington, where he lives with his family and rescue coonhound, Beazy. Join RULibrary: www.restaurantunstoppable.com/RULibrary Join RULive: www.restaurantunstoppable.com/live Set Up your RUEvolve 1:1: www.restaurantunstoppable.com/evolve Subscribe on YouTube: https://youtube.com/restaurantunstoppable Subscribe to our email newsletter: https://www.restaurantunstoppable.com/ Today's sponsors: - Restaurant Technologies — the leader in automated cooking oil management. Their Total Oil Management solution is an end-to-end closed loop automated system that delivers, monitors, filters, collects, and recycles your cooking oil eliminating one of the dirtiest jobs in the kitchen.. Automate your oil and elevate your kitchen by visiting rti-inc.com or call 888-779-5314 to get started! - Cerboni - Cerboni is an all-in-one financial solution for restaurants. Reliable tax preparation & Business incorporation. Seamless Payroll and compliance report. Strategic CFO Services That Drive Business Growth. Detailed, custom reporting for complete financial clarity. Dedicated support for restaurants & Multi-location businesses. End-to-end financial management under one roof. - US Foods®. Running a restaurant takes MORE than great food—it takes reliable deliveries, quality products, and smart tools. US Foods® helps you make it. Ready to level up? Visit: usfoods.com/expectmore. - Guest contact info:  Website: https://www.krbspecialists.com/ Thanks for listening! Rate the podcast, subscribe, and share! 

Today on the Salesforce Admins Podcast, we talk to Cheryl Feldman, Senior Director of Product Management at Salesforce. Join us as we chat about how Agentforce will make Setup smarter, faster, and way more helpful. You should subscribe for the full episode, but here are a few takeaways from our conversation with Cheryl Feldman. Setup […] The post Setup with Agentforce Makes Salesforce Admin Tasks Easier appeared first on Salesforce Admins.

In the 936th episode of the PokerNews Podcast, Chad Holloway, Mike Holtz, and Ben Ludlow are all in Las Vegas at Level 9 Studio to talk about the viral $2.4 million poker hand played between Antonio Esfandiari and Alan Keating. The hand, part of Super High Roller Cash Game on PokerGO, blew up fast and had the whole poker world talking. From there, the crew talks about the Daniel "Jungleman" Cates vs. sports bettor "Elf" boxing match, looks at a controversial hand from High Stakes Poker involving Sam "Señor Tilt" Kiki, and a winner interview with Andrew "Lucky Chewy" Lichtenberger after he notched a win at the PGT Kickoff Series. Other stories bantered about are Jeff Platt now being exclusive with the WSOP, how Arden Cho will probably be at the Oscars, the new PokerNews PowerStack Leaderboard for the 2026 RGPS Passport Season, and sharing which poker room on the Las Vegas Strip is unfortunately closing at the end of the month. A new PokerNews Podcast drops every Thursday at 8a PT / 11a ET / 4p UK time. Remember to subscribe to our YouTube channel so you do not miss an episode! Time Stamps *Time    Topic* 00:00 Welcome to the show 01:31 Esfandiari vs. Keating in $2.4M Pot 07:08 Dan "Jungleman" Cates boxing match results 11:25 Controversial hand on High Stakes Poker 17:17 Winner interview w/ Andrew "Lucky Chewy" Lichtenberger 22:06 Jeff Platt now with the WSOP 24:07 Arden Cho & the Oscars 26:12 PokerNews PowerStack Leaderboard for 2026 RGPS Passport Season 28:44 Planet Hollywood closing poker room

Alameda joins Santa Clara county in implementing ICE-free zones, which bar federal immigration agents from conducting operations on county property. For more, KCBS News Anchor Margie Shafer spoke with KCBS Insider Phil Matier.

#bitcoin (29-01-2026)It amazes me the staggering amount of so called 'Bitcoiners' who say they are security and privacy focused and yet they continue using portals that are spying, stealing and using all their data!MY VIEWS ARE MY OWN AND I MAKE NO PREDICTIONS OR GIVE ANY FINANCIAL ADVICE, SO DO YOUR OWN RESEARCH BEFORE INVESTING ANYTHING... & ONLY INVEST WHAT YOU COULD AFFORD TO LOSE!Subscribe to my ‘UK Bitcoiner' Backup Channel:https://www.youtube.com/channel/UC3p4A_VqohTmbm44z4lgokgSubscribe to my Rumble Channel:https://rumble.com/user/UKBitcoinMaster1Get 5,000 sats when you subscribe to Orange Pill App:https://signup.theorangepillapp.com/opa/UKBitcoinMasterUK Bitcoin Master Social Media Links:https://linktr.ee/ukbitcoinmasterNostr Public key:npub13kgncg54ccmnmvtljvergdvrd7m06zm32j2ayg542kaqayejrv7qg9wp2sUKBitcoinMaster video library:http://www.UKBitcoinMaster.comUKBitcoinMaster Interviews: http://www.BitcoinInterviews.comSHOW SPONSOR:By The Book Accountancy:Website: www.bythebookaccountancy.co.ukWebsite: www.cryptotaxhelp.co.ukMondays Live Show:https://youtu.be/JQqgPQx9hNk

Merchant of Record, Stripe, or your own merchant account — what's the real difference, and why does it matter?In this video, Maria breaks down the key differences between using a payment service provider like Stripe, a Merchant of Record setup, and having your own merchant account. While all three allow you to accept credit cards, they are fundamentally different in how risk, liability, control, and scalability are handled.Maria explains how each option works, when each makes sense, and why the “as long as I can accept payments” mindset often leads businesses into dead ends as they grow. From legal seller implications and account ownership to scalability, flexibility, and long-term success, this video will help you choose the right payment setup for your business — and know when it's time to make a switch.____________________________________________

Setting up an IC-DISC the right way can mean the difference between maximizing tax savings and having issues down the road. In this episode of The IC-DISC Show, I sit down with Brian Schwam, IC-DISC specialist and tax attorney, to walk through the complete IC-DISC setup and compliance process from start to finish. This conversation was inspired by a CPA request for a comprehensive guide covering every step of the IC-DISC journey. Brian breaks down the entire process chronologically, from the initial consultation to determine if a business qualifies, through the critical formation steps that can make or break your IC-DISC. We cover proper capitalization requirements, the infamous 90-day election window, why non-interest bearing bank accounts matter, and the draconian 60-day payment rule that catches many businesses off guard. He explains the difference between simple and transaction-by-transaction calculations, sharing an example where detailed analysis increased a client's commission from $4 million to $17 million on $100 million in export sales. Whether you're a CPA learning about IC-DISC for the first time or a business owner considering this strategy, Brian's systematic approach demonstrates why working with a true specialist matters when navigating these complex regulations.     SHOW HIGHLIGHTS A detailed transaction-by-transaction calculation increased one client's IC-DISC commission from $4 million to $17 million on the same $100 million in export sales. Missing the 90-day election filing window requires a private letter ruling costing $35,000-$40,000 to fix, making it cheaper to just set up a new IC-DISC. The 60-day payment rule requires paying at least 50% of your estimated commission in cash or promissory note within 60 days of year-end to avoid disqualification. Setting up an IC-DISC with no par value stock is a fatal error that will cause the IRS to reject your election, regardless of everything else done correctly. A non-interest bearing bank account is essential because even $1.50 of interest income can disqualify your IC-DISC if no commission is paid that year. Export sales typically need to reach $3-5 million before an IC-DISC makes economic sense, though exceptions exist for businesses with exceptionally high profit margins.   Contact Details LinkedIn - Brian Schwam LINKSShow Notes Be a Guest About IC-DISC Alliance Brian SchwamAbout Brian TRANSCRIPT (AI transcript provided as supporting material and may contain errors) Dave: Good morning, Brian. Welcome to the podcast. Brian Hey, good morning David. Good to be here. Dave: So I, I now refer to you as the Bob Hope of the podcast because I believe that Bob Hope holds the record for the most appearances on the Johnny Carson Show. So that's why you're like the Bob Hope of the podcast. You have more appearances than anyone else with today's appearance. Brian That's good company to be in if you're of a certain, if you're of a certain age. Dave: Yeah. And I'm not even sure you and I are quite old enough to even be of that certain age. Brian I probably never saw him on Johnny Carson. Dave: Yeah, me too. So this is an episode that was requested by a CPA of one of our clients who was retiring and he had a new. Partner taken over and he said, Hey Dave, can you send over a link to the episode that just goes through all the details of the IC disc from start to finish? And I'm like, well, we don't have that episode, but it's a great idea. So that's what's behind this. So let's start at the very beginning. Somebody calls you up and says, Hey Brian, I need an IC disc, or I want an IC disc. What's the very first step? Brian Very first step for me is to say why. Dave: Okay, Brian tell me about your business. Dave: Okay. Brian You know, do you have qualified export receipts? Do you have qualified export property? That those are very complex areas. And some people might think they do when they don't, and others might think they don't when they do. Dave: Okay. Brian And more likely than not, they heard about IC disc from. Somebody they met at a, you know, business leader meeting or something and somebody said, oh, hey, I have an IC disc. You should have one. Dave: Okay. Brian And not everybody can utilize one, but there's many out there that can utilize 'em that do not. Dave: Okay. And do you charge anything for that consultation? Brian No, because to me it's just a fact finding. Dave: Okay. So step one, figure out if their fact pattern warrants having an IC disc. Brian Right? Right. Well, it's, it's actually, that's one step. If you deter, if we determine that yes, an IC disc makes sense because they do have qualified export property, they do have qualified export receipts, then we have to talk about volumes. Because, you know, if you have 500,000 of export sales, most like more likely than not. Disc isn't gonna make sense. Dave: Economic sense when Brian you factor Right. Economic, the Dave: costs Brian not right. There's not enough benefit to offset the cost at that, at that level, most likely. Of course. It [depends on what, what it is they're selling. Dave: Sure. Do you have a rule of thumb you typically use? Is it like three or 5 million where it typically makes sense or every case Brian For most, for most businesses, that's sort of the range that where it starts to make sense, but there are always exceptions to that. Dave: Sure. Brian So like I had a client that had, you know, 600,000 of export sales, but their bottom line profit was 80%. Dave: Okay. Brian So in that instance, hey, it made sense, but for most companies that have 600,000 of export sales, it, it probably doesn't make sense. Dave: Okay. So let's say they have 5 million of exports, good margins, looks like it makes economic sense. What's the next step then? Brian Well then we talk about what is the tax structure of that exporting company? Is it a flow through entity? Is it a C Corp? And how is it owned? Sometimes [00:04:00] it's owned by a foreign company that makes things way more complicated. Okay. It's owned by a combination of different shareholders, some of which are individuals, some of which are corporations. So that can be complicated. And sometimes it's just a, it's just a pass through entity that's owned by, you know, let's say it's an S corporation that's owned by a family owned. Dave: Sure. Brian You know, so you, you can have a lot of different fact patterns and that will dictate a lot of things with, with respect. Dave: Okay. Brian To how the disc is organized. Dave: Might that also be the time? You inquire as to whether multiple discs might make sense for their structure, or do you typically just focus on kind of getting the initial disc in place and then exploring that over time? Brian Probably the latter. Dave: Yeah. Brian Initially I, you know, the goal is, you know, do you have enough activity? Do you have the right kind of activity? What kind of benefit is it that you think you can, we can get for you? And then, okay, if the answer to all those are in the positive, then it's like, okay, how should this disc be owned based on what we're trying to achieve and where should it be set up? Because that also can have a lot of negative surprises if you set it up in the wrong place. Dave: Yeah. So let's say and I think there's some rules of thumb like if if the. Exporting company is a C corp, you typically don't want the C Corp to own the disc, is that correct? Brian That is, that is correct. And that's because a C corporation pays tax on a dividend. It receives from the IC dis, so effectively there's no benefit. Dave: Okay. So with a C corp, typically it would be the individuals, individual or [individuals that Brian are Oh, the, the shareholders typically, Dave: yeah. Brian You know, possibly a management group could be involved as well, but typically we're talking about the shareholders of the C corporation. Dave: Yeah. And the shareholders of the disc do not necessarily have to mirror the shareholders of the C corp. Right. Brian That is sort of up in the air. I, I prefer that to be the case, but it doesn't have to be the case. Dave: Yeah, like in a simple example, census C Corp owned by one person and when they set it up, they wanna add a couple key employees to it. Brian Yeah. That, that, that's probably fine. You know, there's some old revenue rulings out there from the early 1980s that have a bad fact pattern, which the IRS held that the structure created gift tax issues, but that was like a mom and a dad and a son and a daughter, and mom and dad set up a disc and then gave the stock to the son and the daughter. And, and so that, that's, I see that's a bad fact pattern. What you described is a completely different fact pattern. There's no donative intent in that fact Dave: pattern. Yeah. Okay. In Brian fact, that I have a client that started out where the disc and the C Corp was. It did have mirror ownership, but over time, that has changed dramatically. But still, there's no donor of intent because we have all these unrelated families that own shares in the company in this quote company. And when there have been redemption opportunities over the years, they have the choice redeemed, the disc shares redeemed. The, the C corp shares redeemed them both. So some of like kept their dis shares, but gotten rid of the C Corp shares and vice versa. But really without the donative intent, plus some court case you know, precedent, I, I'm not [00:08:00] so concerned about that issue. Dave: Okay. Now let's switch gears and let's say it's a flow through an S-Corp partnership et cetera. Do you typically want the individuals to own it in that situation? Say that the company has three shareholders, would you just make them the three owners of the disc? More often than not, no. Okay. And why is that? Brian Because it, you get the same benefit by making the disc a subsidiary of the S corporation without some of the extra complexity associated with having the disc be owned by the shareholders. Now that, that's, that's preferred, but there are also situations where that doesn't make sense. Dave: Okay. Brian So let's say the, the S corporation is in California and the shareholder lives in Texas, or Florida. Or Nevada. Dave: Okay. Brian So they might want that dividend income flowing directly to them so that there's [00:09:00] no state Oh. So that there's no state income tax on the dividend. Dave: Sure, sure. Brian Okay. Okay. Yeah. So again, it's just another fact you need to uncover in the process of trying to figure all this out. Dave: Okay, so you've met with the client, you've figured out a disc makes sense, you've dug further you figured out the ownership structure of the disc. That makes sense. So then I guess you have to figure out where to incorporate, huh? Brian Yeah. And that again, there are good states and bad states. Dave: Okay. Brian Some states will tax an IC dis as a regular C corporation, you wanna avoid those states. Some states don't have an income tax at all, and those are good states to deal with. Dave: Okay. Brian And the three, you know, I'd say there's three states that are predominantly viewed as positive, and that would be Delaware, Texas, and Nevada. Okay. They're all fairly similar. For filing. And, and none of them have a corporate income tax on the dis so that's, that's all good in terms of not adding additional costs to the, the structure. Dave: Okay. So I'm in Texas and thus you, it seems like most of my clients end up incorporating in Texas. Do you just so here we are January 8th. We're recording this of 2026. So do you just do you just get around to doing it anytime before the end of the year and then you could use the disc the whole year? Is that how it works? Brian It's not how it works. It's generally a prospective opportunity. So you wanna get that entity formed as quickly as possible. Dave: Okay. Yeah. I've had people, I've heard [00:11:00] people say that if you don't do it on January 1st, you just have to wait till the next year. Brian No. That, well, that's certainly not true. And from any date forward that you set it up, you can certainly get benefits or shipments. Okay. That they, but one other item that I forgot to mention earlier, they also like to ask if the, if the related supplier entity, which is the exporter, if they're an accrual based company or a cash basis, Dave: ah, Brian that's an, that's an incredibly important issue Dave: Sure. Brian Dealt with. That's why. Dave: Okay. Brian Because the disc is an accrual base taxpayer by default. Dave: Yeah. Okay, we'll get into that when we get further around the, Brian okay. Dave: I think about when I was a kid, there was a, there was a Saturday morning TV series I think called schoolhouse Rock. And one of the episodes was how, how a bill becomes a Law [00:12:00] And there's the whole steps, the Brian episode, everybody remembers. Dave: Yep. Yep. So everybody our age at least. Okay, so you've got the disc set up and say you do it in Texas and let's say they make the decision January 8th, takes a few days to, you know, just kind of get stuff, you know, information from the client set up. And let's say you get it set up January 15th, so then they're good to go, huh? They can just start using that disc and away we go. Anything else? Ha. That has to be done Or is it, is it that some Brian on the, on the surface, yes, that's true. Dave: Okay. Brian But beneath the surface, there's other things that have to take place. Dave: Okay. What's the next thing that has to happen after you've formed the disc? Brian Well, you have a, there's a 90 day window to file a disc collection with the IRS. That's probably the most critical thing that has to happen. You have to file an actual paper form with the IRS to elect disc status for the company, because the company, when you set it up, it's just a corporation. Without that election, it's not a disc. Dave: And that election, is this the famous form 48, 76 dash a, is that said election, Brian famous or infamous in some cases, Dave: yes. Yeah. Okay. So you have to, so you just well, you just go to the IRS website. Download the form, send it in, bing, bam. Boom. You're done. You're good to go. Brian Not exactly. Dave: Okay. That's the Brian first Dave: step. Brian Skip. That's the first step. But the I mean, first of all, when you're setting up the disc, you have to make sure you incorporate it properly. Dave: Okay. Brian I kind of glossed over that. Dave: And what are some of the elements of proper incorporation? Brian Well, for example, when you go to a, the Texas website or any other secretary of State website to organize the company, because it can be done all online, [00:14:00] like the default is always, you know, no par value stock, right. Brian If you just select the default, you are going to have a problem because Okay. Dis rules require, you know, par or stated value of $2,500 on the, issued an issued an outstanding stock of, of the disk. So I had a client that came to me years ago. They had set up a company in, well, they used Wyoming, which is also possible to use, and it's not a bad jurisdiction. And they had, he had his quote unquote friend that who was an attorney, set it up for him. And there were some issues with the DISC collection and it went back and forth and then ultimately took a look at the articles of incorporation and it had, you know, $1 power stock, 1000 shares. Dave: Ah, that's a problem. Brian That's, [00:15:00] yeah. So no matter what happened with the disc election and the back and forth with the IRS, the disc election was ultimately never approved because the entity didn't meet the requirement. Having enough outstanding capital stock. So you have to have one and it can only have one class of shares. So there are, you know, there are some hoops you have to jump through in terms of not doing things incorrectly or doing things correctly. So you have to make sure there's one class of stock, $2,500 par value. There can't be foreign sales corporation in the same patrol group, which years ago was a big deal, but now it's not really a big deal because those have been gone for many years and almost nobody has one left. Not, not really an issue there. And what, you know, those are the formation matters that, that mattered, that are important to make sure you, you meet when you form the entity. Okay? If it's formed wrong, right from the get go, you have a problem. If [00:16:00] it's formed correctly, then the next step is yes, file a disc election. Dave: And, but before you file the disc election, there's a step we're missing, right? Doesn't the DISC election require. To put the corresponding EIN for the distance. Oh yes. I mean, I just assumed we, yeah, you obviously you have to apply for an ID number for the new entity that does not come automatically with the incorporation. Brian 'cause that's done with the state as opposed with the IRS yes. Dave: Yeah. And that's become more challenging. It used to be pretty easy to get an EIN you could apply under a corporate name or Brian yeah. But there, there's a, you know, there is an online portal with the IRS to get an EIN for a domestic company. So it's not, it's not Dave: terrible. Yeah. Brian It's not terrible. Dave: Yeah. So you have the EIN that you need for the 48 76 ae. Brian Right. Dave: You have you have 90 days, Brian you have the proper capitalization. Dave: Yeah. Brian You figured out who's gonna own the disc because the, the disc collection is. Signed, you know, it's not just made by the disc entity. It's made by the disc entity, then consented to by the shareholder. So you have to make sure that all that takes place. I can't tell you the number of times where somebody filled out part one, the disc signed it, and then the shareholder forgot the consent to it. And if you don't do the 48 76 dash eight correctly, you get it filed timely. It's an extremely expensive fix to try and get that Dave: rectified. Brian Generally, you have to try to get a private letter ruling, which will grant an extension of time to file the late disc collection. Dave: Okay. Brian And that's that's an expensive process. It's a 25 to $30,000 exercise to [00:18:00] file the private letter, really. Plus you have to pay a user fee to the IRS of 10,000, 11,000. Dave: Wow. Yeah. It seems that seems inconvenient at, at best. Brian And for most companies, they're better off just setting up a second dose Dave: Sure. Brian As opposed Dave: to process, Brian because how much volume there is. Dave: Yeah. Yeah. And I understand the IRS itself refers to these as a, a paper entity. So I guess since it's a paper entity, that's it. No need to fuss around with a bank account or actually have to capitalize it with actual money is there. Brian It's, it's recommended, but you're right, it's not required. There's no requirement in the disk rules to set up a bank account. Dave: Okay. Brian So there it could simply have. A receivable receiv for the capital stock. And that can be, its working capital doesn't have to have a bank account, but that's sort of a misnomer that people think it must have a bank account. Okay. In the original regulations, that was a requirement, but when the regulations are finalized, the requirement was removed. Dave: Okay. But practically speaking, it you probably wanna have a bank account. Brian Yes. Practically speaking, it makes all the sense in the world to have a bank account, a non-interest bearing bank account. Dave: And why is the non-interest bearing important? Brian Well, it, it has to do with one of the annual requirements of a disc. That 95% of its receipts have to be qualified export assets. I'm sorry, receipts. And so let's say in a year the company decides. You can't always decide not to use the DIS even though you've got it in place. So let's say the company says, well we're not gonna use the, this year we had a loss. In our business there's no using. Dave: Okay. Brian We say, okay, and then the DIS bank account earned a dollar 50 of interest income. Dave: Okay, Brian well 100% of the receipts are now not qualified receipts. Okay. Income and no other revenue. If there was a non-interest bearing bank account, it would just have no receipts and then it would be fine. But the earning, the dollar 50 of interest would disqualify that. Dave: Okay. So non-interest bearing account and then I guess the dollar amount in the bank account, what you start with, $2,500 initially. Brian Yeah, pretty much keep it there forever. Dave: But, but it doesn't matter if you end up, oh, if you're a little lazy and you forget to distribute all the money and you end up with 50 grand at the end of the year, that, that's not a problem, is it? Brian It is. Dave: It is. Everything's a problem Brian with you, Brian, because everything, 'cause the, these rules are draconian and everything can become a problem. So a commission dis anyway, a comm, [00:21:00] you know, a paper entity commission dis doesn't need $50,000 of working capital. And the IRS would hold that, that that's not a qualified export out. Like having too much working capital in DIS will cause it to fail. The other test, which is the 95 qualified export asset test 2,500, you know, an amount of cash equal to the capital stock is fine. Dave: Sure. Brian Amounts above that start to, you know, raise questions as to whether. That's reasonable working capital or not? Given that the entity's a paper entity, it doesn't really have any expenses. Maybe some bank fees. That would be about it. In most cases, it really doesn't need cash sitting. Dave: Yeah. Yeah. So maybe 3000, 3,500 to account for some bank fees or, Brian yeah, at most, yeah, we start getting about 5,000. It really starts to [00:22:00] look questionable. Dave: Okay. Oh, I just realized, I think in the initial assessment there was a step we forgot and that's, do they want to make it a buy sell disc or a commission disc? What percentage of your clients are commission discs? Mine a hundred percent. That's Brian 99%. Dave: Yeah. So we're just stepping ahead assuming that it would be a commission disc, Brian right. I mean, the only time you would really have a buy sell disc. 'cause if you have a business where. They're buying inventory from unrelated parties. And all the inventory is manufactured in the US and all of it is export. Dave: Yeah. Brian Okay. That, that, that I do have, like I said, two clients that have adopted that structure. One was commissioned disc with an S-corp and they converted, they merged the S-corp into the disc and just became an operating disc. You know, and that's a little different than a buy sell disc. I mean, an operating disc. People think of buy, sell dis an operating disc for the same thing. They're really not. I mean, 'cause you could have a, the equivalent of a commission disc, but have it be by sell where it could buy product from its related exporter and then export it. Dave: Okay. Brian It's possible that, that, that tho that fact pattern, I don't have any clients in. Dave: Okay. Brian It's possible. Dave: Okay. So we've got the election filed and then at some point the IRS will send the taxpayer letter approving the election, right? Brian Correct. That is, that was true. Dave: And then so we've got the, the B and usually it makes more sense to have the disc bank account at the same bank as the operating company, right? Brian It typically does, Dave: yes. Yeah. And we'll get into that when we get further into the operation of the disc. Okay. So it's all set up. And elections filed, election approved. So now certainly we're done with incorporation and government governance matters, right? Brian No. No, Dave: not yet. Brian Not yet. Not yet. Okay. We still have to make sure there's a a call, a related supplier agreement or disc commission supplier agreement in place between the, the exporting entity or entities and the disc itself. This document is, it's not, again, it's not required in the regulations, but it is recommended. It gives the related supplier a lot of flexibility in how it uses the disc and if it uses the disc and it gives it unilateral powers to decide not to use the disc. It also lays out the, you know, sort of boil legal boilerplate language about an inter intercompany agreement between the two business. Dave: So you could just go to chat GPT and have them spool up a one page sales agent agreement. Is that right? Brian Maybe. I don't know. I haven't tried that 'cause I don't wanna teach chat GPT how to, how to do that, but because every time you ask it a question, you teach it, right? Dave: Sure. Brian General, no, it's a pretty specific agreement and it has very specific provisions in it. Provisions and so somebody that knows what they're doing really needs to draft them. Dave: Okay. Okay. So this is kind of pointing away from just having your general corporate attorney who's never heard of a disc, do all that quote paperwork. Brian Yeah. I never recommend. I always recommend that a specialist do it, namely myself take care of it. Dave: Okay. Yeah. 'cause you are, in addition to having an accounting background, you're also a tax attorney, correct? Brian Correct. Dave: Correct. Okay. Brian Yeah. And you know, some of the documents that need to be created, yeah. That can be done by a general corporate attorney like bylaws and those as well and or other organizational documents that aren't disc specific can only be done by any attorney. But but if, but really it doesn't make sense to split that work up amongst different attorneys. Dave: Okay. Sure. Brian It all sort of be done by the same party to make sure that it's, that everything gets taken here. Dave: Okay. Brian And timely because there's a 90 day window to get this, in my opinion, to get this all done. Dave: Yeah, to co to coincide with the election filing. Brian Right. Because typically I don't provide any of the documents, including the election, to the, to the client until all these things are done. Dave: Yeah. Oh, I see. Sure, sure. Because then there's, Brian you know, they have to sign the disc election and there's all these other documents they need to sign and put in a minute book. And so rather than piecemeal it, we just give it to them all at once. Dave: Okay. So they've got their binder with all their signed documents or a signed copy of the 48 76 A that was filed a copy of the approval from the IRS. So now finally, are we ready to get started using our disc? Is there. Brian Collection the I. Yeah. As you've probably seen in the news, things are changing at the postal service as far as postmarks and what they can be relied on as when something was considered filed. So they're not promising the postmark things that they, you drop them in the mail anymore. Dave: Oh, really? Okay. I hadn't heard that. Brian Yeah. So it's recommended to go, like, walk it to a counter and have it hands stamped with [00:28:00] a postmark. Yeah. But more importantly, and unfortunately not everybody listens to this, send the form certified mail return receipt requested. 'cause many times document is sent to Kansas City and they lose track. Oh, we never got your dis election. We can't process your dis return, whatever. And then there's proof that it was sent and then they have to, you know, find it basically. Dave: Okay. Or Brian at least accept it, maybe even if they never find. Dave: Yeah. Brian But there's one other thing about the disc and that we didn't talk about and, and I'm reminded of it because something you asked me in passing last week, which is something about the year end of the disc, the year end of the disc must coincide with its principal shareholder. So if I have a C corp that's a fiscal year, but the owners of the disc aren't gonna be [00:29:00] individuals, that disc will be a calendar year disc. Dave: Sure. Brian Not be a fiscal year company. And you know, if. It's owned by, let's say an S corp that has a fiscal year, then the disc will have a fiscal year. It, it must have the same year as its principalship. Dave: Okay. Yeah. Good. Thanks for the reminder of that. Brian And sometimes the disc collection gets filled out incorrectly. Somebody assumes one thing and, and then when a return is filed, the IRS, they're like, they, they dunno what to do. Yeah. Yeah. Okay. Alright. Now finally, do we have a little bouncing baby disc to be delivered to its proud parents? I think so. Dave: Okay. Okay. Okay. Brian And that's usually, it's usually about three to five months after it was formed. Dave: Okay. Brian Is when it started eating solids. Dave: Okay. Alright, so now we've got the disc set up and 9:45 AM I'm, I'm sorry, I keep touching my watch and it says the time, apparently it's time to just take off my watch. Okay. So now, so let's just say that they have not yet set up the bank account. They've done everything else, and now it's time to set up the bank account so they, you know, call their local banker. They get it set up at the same bank, so it can be on the same online banking platform. And then they fund it. And does it matter where the funding comes, comes from for that bank account? Can they just like say the company. I mean, can just anybody fund it? Say there's three shareholders, can just one shareholder write a check for $2,500 to fund it? Or how does that all look? Brian Well, I mean, there, there will be a subscription agreement that shows how much each shareholder owes for their shares, and each shareholder should pay for them. Okay. Can't just be one. Dave: Okay. So we have the bank account set up, we're ready to go. And so now we're at the end of the year, or approaching the end of the year. Let's say we're in November of 2026. Anything we need to do before the end of the year Brian for an accrual based taxpayer? No. Okay. There's nothing paid to do, but before the end of the year. Dave: And what about for a cash basis? Brian For a cash basis, taxpayer, if we want a deduction in 2026. We need to pay the DIS in 2026, so Dave: we Brian would need to gather information in order to estimate a DIS commission for 2026 before the end of the year. Dave: Okay. So cash basis, that's what we need to do by the end of the year. Accrual basis. Basis, no. Do I need to do [00:32:00] anything by the end of the year? Brian You don't need to. You have an option to, if you'd like to, if you wanna have an idea of what the disc commission might be, or you actually wanna pay it before the end of the year, but there's no requirement. Dave: Yeah. And if you don't, and if you don't pay it by the end of the year, you get a deferral benefit Brian possibly. Dave: Yeah so say, say you did a hundred million of exports and your commission was $20 million. You just get to defer that whole thing till the next year, right? Brian No, Dave: no. Brian, all you say is No. Every good idea have you just say No. Brian It could defer 10% of it to the next year because only the income related to 10 million of export sales can be deferred, and it'd be a little less than 10% because the disc wasn't there the whole year. So we'd have to prorate that 10 million for the number of days the disc existed. And then some sliver can be deferred, but the rest of it is gonna be taxed to the shareholders as a deemed dividend Dave: in the current year. In the Brian current. Dave: Okay. Brian Then not taxed when physically distributed in the following. Dave: Okay, so we have an accrual tax payer. We get into the to 2027, and let's say they're extending their corporate return and they're planning to file that in August of 27. So we're done. We don't have anything else to do before August. Right? Brian That's not true either. Dave: Brian, Brian you're Dave: killing me. Brian Yeah, well, it, I mean, it depends. If nothing was done before the end of the year, then something needs to be done within the first 60 days after the accrual base taxpayer. Or, you know, let's say the cash base taxpayer says, I don't [00:34:00] care if I get my deduction next year, so I'm not gonna pay anything this year. Something needs to be paid at this within 60 days of the end of the year. Dave: So is this one of those things like the sales agent agreement, that that's just recommended? Brian No, this is required. Dave: Required. Okay. Brian Yeah. This is required. This is, this is one of the hot buttons the IRS will try to use to disqualify your disc. Dave: Okay. Brian So the disc accrues a receivable at the end of the year, even though it doesn't know the amount at the end of the year for all, for, for disc purposes and books an an accrual for the income at the end of the year. That accrual or the receivable is only a qualified export asset if, if the payment rules around that receivable or satisfy. Dave: Okay. Okay. Brian One Dave: rule Rules. Rules. There's always rules. Brian Yeah. It's very draconian. You have a 60 day rule and a 90 day rule. 60 day rule says you must pay a reasonable estimate of the disc commission to the disc within 60 days of the end of the year in cash or. It could be cash, it could be a note. Dave: And reasonable is just any old amount. You just put your finger in the air and ah, I think a hundred dollars is reasonable. Brian Again, that's not the case. There is a safe harbor for what is reasonable, and that safe harbor is f at least 50% of the final commission amount that you Dave: determine. But how do you know that in February Brian you have, Dave: if you're not preparing the corporate, Brian you have to try to compute an estimate before the end of FE Dave: and you have to nail it exactly at 50%. So if you think the commission's gonna be $1,217,412, you need to pay exactly 50% of that, Brian at least. [00:36:00] Dave: Oh, at least. So you could pay more. At Brian least you could pay more. And we always recommend maybe paying 75 to 80%. Dave: Okay. Brian Because if you pay whatever you pay. That amount is gonna be your limit. So if you thought it was gonna be a million and you paid 500,000 and it turns out to be 1,000,500, too bad. So sad, you only paid 500,000, you're capped at a million. Dave: Okay? I mean, that's the safe harbor. I suppose there might be circumstances where, where one could argue that they maybe the first year of the disc, and you know, they, they, Brian you can argue it, you can try to argue it, but there's no guarantee that the IS will accept any of the arguments. And the private letter rulings that exist from the 1970s would imply that they, they're really not going to accept just about any rationale for being reasonable other than that 50% bright [00:37:00] line safe harbor. Dave: Okay so you make the payment, Brian make that payment, and. Dave: Can you just book a journal entry? Do you, do you actually have to really move the money? It sounds like a hassle. Brian I mean, in, in general you have to, you have to either create a note or move cash. Dave: Okay. Brian Okay. Dave: But that might be a lot of money though. Like what if, what if it's like $2 million and million? The company only has a million dollars in the bank. Brian They could use the same capital multiple times. Dave: Oh, okay. Brian And roundtrip the money as many times as they need to, or like I said, use the, use the promissory note. Dave: Okay. Brian Short term promissory note to satisfy that requirement because it does say cash or property. Dave: Okay. So we get through February, we've made our, our 60 day payment. We've, we've, you know, sh sh we've, we, instead of doing 50%, we did about 80% of what we thought it was gonna be to give us some cushion, and now we can go take a vacation till the till the corporate returns ready. Brian Yeah. I, I, I think so. Dave: Okay. Brian I think so. Dave: Okay. So it's time to now. So it's time. Now, if they extend that corporate return, I guess they're gonna have to extend the disc return as well. Brian Well, the disc return is due September 15th as a matter of course. Dave: Oh, Brian are handy. There are no extensions. So really as far as the disc and its compliance goes, once you make that 60 day payment, there's really not much you can or should do or are able to do until the related entities tax return. Prepared. [00:39:00] So a lot of times they'll say, well, that's not gonna be done till September 15th, and we have to have a discussion about how that doesn't work because the disc return has to be done by September 15th, but in order to do the disc return, you need to basically a completed within it supplier returns. So then we have to work backwards from September 15th to figure out like when's the latest they can have that, that other return done in order Dave: to Brian get the disc return done. Now that's relatively easy in the past through context because all those pass through returns are also due September 15th on extension. Dave: Sure. Brian Whereas a C corporation, it's not so easy because the extended due date for a C corporation, if it's a calendar year is October 15th. So it may be that you have to file a disc return with a made up number on time and then amend it after. Okay. After September 15th. I've done that a number of times. Dave: Okay. So that makes sense. Brian Because as is good as CPAs are, they're deadline driven. So if a return is due October 15th, they're unlikely to have it done by the end of August. Dave: Yeah. Okay. So it's time to file the disc return. I assume the CPA firm probably has that disc return and their standard tax software with all the other forms. So you just have the CPA go ahead and prepare the disc return. I've looked at it, it's a short return. It's like 10 pages long. So you just go ahead and have the CPA prepare the disc return, then bing, bam, boom, you're done. Brian Could do that. Dave: Okay. Is there a drawback to doing that? Brian Yeah, it would probably be wrong. Dave: Okay. Why do you say that? Now, remember [Brian, we have a lot of CPAs who we have very good relationships with that we share clients, you know, saying that they're probably gonna do it wrong. I mean, heck, I don't really wanna annoy all my great CPAs we work with Brian Well, okay, but it, well, it's just a fact. It'll probably okay Dave: be Brian wrong because they might see one or two or three a year. They, they think they know what all the different terms on the district return mean, but they're not as familiar with that as they are with a S Corp return or a partnership return, or 1120. So they do what they think is right, and it may be right, it may not be right. So again, I, in my opinion, you want a specialist preparing the district return. Dave: Okay. Brian Okay. Because we know exactly how it's supposed to be filled out. And then if, if the calculation is done on a transaction by transaction [00:42:00] basis, there's this schedule P that gets attached to the return. Well, if you don't do a T by T, there's one Schedule P. If you do a T by T, there could be thousands of them. So I don't think CPAs and their software are equipped to complete thousands of schedule Ps and attach Dave: Yeah. Brian To the district. Dave: No, good point. And you're, you're getting your your enthusiasm to get to T by t had me, you got a little ahead of me. 'cause I was gonna ask, so client says, Hey, we have a desk. Our accounting department's busy. What's just the bare minimum of information we need to send you? What's the bare minimum? Brian Bare minimum would be qualified export sales. Dave: They just need to send you a number. Brian Yes. Dave: Then you take that number and how hard can it be? Right. Just take the, Brian it's not, it's not necessarily that hard at that point. Dave: Yeah. But say the profit on those sales [00:43:00] is the average profit of the company and taxable profit. And you compute the disc commission, you go through the Schedule P and compute the disc commission and pick the higher of the two numbers that you, that you compute. So you would just be like the final draft, corporate return and that total export number, you know, dollar amount for the year. And, and that's really all you need to, to do. That's Brian the bare bone. That's the bare bones, yeah. Dave: Okay. And that's what some people would call the standard calculation or a simple calculation, Brian I'd call it simple. Yeah. Dave: Okay. And that's also known as the 4% 50% calculation in some circles. Right. How does that work? Brian Well, it's also known as the safe harbor calculation in certain circles as well. Back to that, Dave: back to that safe harbor again. Brian Yeah. But that's actually not a safe harbor, so that's why I bring that up. Dave: Okay, well Brian that's the safe harbor calculation. I'm like, no, it's not. It's just the [00:44:00] calculation. There's nothing safe harbor about Dave: it. Okay. Brian Okay. It's just the rules that are found in the code and regs for computing and disc commission, and they're the two predominant methods. 4% of sales and the 50% of net profit, Dave: you just cherry pick whichever one works better. Brian Yeah, but the 4% method has limitations. So Dave: more limitations probably. Why? Why can't this just be simple? You said it was the simple calculation and now you're already telling me there's inherent complexity. Brian Even if it's simple, it's not totally simple. Dave: Okay. Okay, Brian so the, and I've seen this done wrong. Millions, well, not millions, hundreds of times, and I can say it is hundreds of times. Client computes the 4% method just by choosing 4% of sales. They don't look at what their net income is on the, on the [00:45:00] activity. They just say, oh, I'm allowed to use 4% of sales. The limit there is you cannot create a loss. There's something called the no loss rules. You can't create a loss with a disc commission if one doesn't already exist. So if the profit on, say, on the sales are 2% of sales, you can't take 4% of sales. You're limited to 2% of sales. And if, for example, you have a loss of the company, you're limited to zero. But I've seen situations where that's completely ignored. Dave: Okay? Brian Properly computed this commission of 4% of sales, but it should have been something less or possibly zero. Dave: Okay? So more complexity, but the good news, that's the extent of the complexity. One, schedule P, 4%, 50%, you know, make sure you, you don't create a loss. Now we're, we're all done. Pop. You [00:46:00] know what, what? Dusted and dusted and delivered we're, we're good to go. They've maximized their dis commission, right? And we're all done. They have a nice 10 page return to send to the IRS. Which by the way, can they file that electronically, that return? Brian Fortunately, there are no provisions for electronic filing of the disc return. It must be, Dave: what is this, the 1970s or something? Brian Pretty much Dave: Okay Brian with, with regard to the disc? Yeah. And, and some other forms. Yeah. But the, the, the benefit of that, here, I'll give you a benefit. The benefit of the fact that you must file a paper return is they can have an electronic signature on it. Okay. It doesn't have to have a wet signature. Dave: Okay? Okay. Brian So you could theoretically, for example, send your client the return using DocuSign, have them sign it. You print it, you file it for, Dave: okay. Okay. But, but now we're finally done. It's signed, it's done. And they say, boy, thank you very much, Brian. You've done, your team did a great job, and boy, I really appreciate, you know, we had 10 million of exports. We have all kinds of variability in our profit margins. And, but thank you very much. You, you created the amazing $400,000 or you calculated the 400,000 disc commission. Thank you very much. I couldn't imagine you went above and beyond. I couldn't imagine you could have done anything more. And then what do you say? Do you graciously say, oh, you're welcome. It was our pleasure. Brian I would graciously say, you know, we, we've just computed your minimum disc commission. Dave: Okay, Brian not your maximum. Because you have Dave: vast, lemme guess. Lemme guess. There's more complexity coming. Brian More complexity, which relies on more data being. Pulled from the client's [00:48:00] records to, to allow for a calculation of the DISC commission at a more detailed level, ideally at a line item by invoice level, Dave: line item. That sounds like a lot of work. Brian It can be. Can be a Dave: lot. What if the client says, our accounting department's busy? Sounds like we're gonna have to spend weeks gathering all this data for you. Eh, it's just, we're too busy, it's not worth it. What do you say then? Brian I gu I almost can guarantee you it will be worth it. Okay. Because looking at the detail is likely to cause at Disconnect commission to be anywhere from 50 to three, 400% higher than what it otherwise would've been. Now, unfortunately, in that first year, since you've already filed with a certain number, you're limited to two times what you paid in that 60 day window. But going forward. You know, there's no limit. Dave: Okay. Brian Whatever we compute can be your disc commission. So different industries have different amount of variability and t and transaction by transaction calculations have different impacts depending upon the industry, the profitability of the business, how many products they have, who they sell to. But it can vary. But I'll give you an example of one that we worked on recently where company had a hundred million of export sales. They took 4% of sales, and they've been taking 4% of sales year after year, after year, after year, after year, Dave: okay. Brian They brought us in like three weeks before the district return. Dave: Okay. Brian And we went through the calculations and we actually calculated 17 million Dave: as opposed to 4 million. Brian As opposed to four. Dave: [00:50:00] Yikes. That's a big difference. Brian It's a huge difference. And fortunately they were, you know, well, I mean they were very pleased with the result. And so now on a going forward basis, we're not doing 4% of sales. Dave: Okay? But you still have this. But if they were able to get a $17 million commission, then that means their corporate taxable income must have been at least 17 million. 'cause didn't I hear you say the disc commission cannot cause a loss. Brian It cannot cause a loss at the level at which you're computing the commission. So there's no, you're killing me, Brian. Just more complexity. Yeah. Well, it's very complex area. There's, there's no overall no loss rule. Like if you, you can, as long as you're meeting the rules as they're written, you can cause your entity to go into a loss position. Now, this particular instance, it did not do that, but [00:51:00] you could do that. Dave: Okay. And then if you get into a loss position, there are other non disc complexities that come into play that impact whether you want to maximize the loss in that entity or you want to target a particular loss in that entity. And that's not something that we get involved with, but we're certainly sensitive to it. Sure. Sure. And so you're saying for this client, even though I've heard some people say you've got the simple calc and then the hard calc. And so you'd wonder why would anyone do the hard calc? Well, it's because their commission went from 4 million to 17 million, which saved them hundreds of thousands of dollars. You created hundreds or millions of dollars with additional tax savings. Brian Right, right. Dave: Okay. Brian And by the way, after the first conversation we had with them, they said, oh [00:52:00] yeah, this is not something we can do. The accounting department said, this is not something we can do. Then the owner said, this is something you're gonna, Dave: it's funny how that, how that works. Okay. And then I'm guessing this extra work. You, you're probably gonna have to create another schedule P or two. So now the disc return, it's gonna be 10 pages. It's what? 20 pages? Is that kind of a typical page count? Brian No, it could be Dave: no. Brian Thousands of pages. Dave: Thousands. I mean, Brian, a ream of paper is 500. So thousands would be reams of paper. Brian Yes. I've had some returns that have like 15 binders of paper. Dave: Yikes. Brian Yeah. Just goes in a big box and I'm sure the IRS types, all those schedule Ps into their, Dave: I'm sure they do. Okay. So the return gets filed, so the return's ready. You take that box, you just slap a you print off a postal label online, drop it off at the post office. And you're done, right? You just give it to carrier, Brian understand, Dave: carrier, carrier your house or whatever. Brian Well, you can send it via FedEx. You can send it via UPS. And actually, in some ways, I think that might be better these days than the postal service. Dave: And why do you have to do that? Can you just slap, I mean, if you have your 15 binders, couldn't you just put a hundred stamps, you know, on the, the box and ship it in because they'll get it, right? I mean, it's not like they're gonna lose it or anything. Brian They might, they could very well lose it. And you definitely want proof of delivery and you want proof of mailing. So again, it's a certified mail if you're using the postal service or if you're using a private carrier like FedEx, you know, you get all that documentation about when it was shipped and when it was delivered.[00:54:00] Dave: Okay, well now at least we're finally done. Right? You ship it off. The CPA pulls the numbers from the disc return, puts it on the corporate and shareholder returns. Now we're done. It's gone to the IRS. We never have to think about it again. Right. Brian I'm not sure if that's a trick question or not, but in some ways that could be true, Dave: right? Yeah. But it, but I guess you could get audited, right? Brian Could get audited by an agent who has no idea what they're doing, which is typically the case. Dave: So that's why you want your CPA defending you in that case. 'cause then it's like the blind leading the blind. Brian No, I think it's better if someone with site is involved. So again, the specialist who did the disc work should represent the taxpayer or be involved with the representation of taxpayer in the case of the audit. Dave: Okay. Brian And the should be involved. Because really what's under, what's really in question is the [00:55:00] deduction on that entity's tax return. The dis itself doesn't pay tax. So they rarely audit a dis quote. Dave: Okay? So if I break it down, you to do it really right? You need a specialist to guide you on the initial structure of the disc. You need another specialist to set up the, the disc. You need another specialist to do all the paperwork, make sure the document's correct another specialist to prepare the return, and then another specialist to defend you. So is that about right? So do you need like five different people to make sure everything's done right? Brian? Isn't there some way that you could just have one person that could just do it all for you and be done with it? Brian Well, of course. Dave: Okay. Finally, finally, I get a simple answer, Brian right? So if you, if you engage a disc specialist, that [specialist should be able to do all that. Dave: Okay? Brian Okay. Now, not every disc specialist is created equally. Dave: Sure. Brian You know, I brought up during our conversation that there are some non disc things that can also add complexity to the situation. Not every disc specialist will be sensitive to those things. Not every disc specialist will understand those things. So the benefits that like our organization brings is that. Least myself in particular, I didn't always just do IC disc work. I, I, I have a well-rounded knowledge of all of the, of the tax world. And so I am sensitive to non disc things. You know, for example, you know, another example, oh, a company has a lot of export sales. You would think it's a no brainer. They should have a dis, they should use the dis. They should, they, they should want to convert that ordinary income to qualified dividend [00:57:00] income. Well, what if the S-corp is owned by an ebit? What if there are passive shareholders? All of those things impact whether the disc commission actually helps or hurts their tax situation. And I would get, I would venture a guess that, you know, if you went out and Googled, you know, I see this specialist, you would find a handful. At most that understand all that stuff and how all it all interplays together as opposed to the multitude of those that won't understand any of it. Dave: Okay. Brian So I think a, a disc specialist that is sensitive to all the other tax rules is, is definitely something that is valuable. Dave: And you probably want someone with some experience who's done maybe, you know, what a dozen disc returns in their career, maybe 50 if they're really good. Like how many, how many have we done organization wide? Probably Brian probably 10,000. Dave: 10,000? Well, that's a lot more than 50. Brian Yes. Over the years it's probably close to that number. And we've probably claimed billions of dollars of just deductions and saved clients, hundreds of millions of dollars of tax. And, and I'm proud to say that every dollar we've ever claimed we've. Okay. Dave: So Brian I've never had an adjustment from the IRS. Dave: Well, that sounds like a, a good a good record. So bottom line, Brian that's, that's the best you can come up with a good record. I'd say it's Dave: well, I didn't wanna say a perfect record. I didn't want to jinxy. Brian No, but it's, it's, it's, it's pretty outstanding record. Dave: Yeah. It's a, it's an impressive record Brian because there are also just providers out there that say, well, you know, Dave: it's the Wild West. Brian The wild west, the IRS doesn't really understand it, so let's be as aggressive as possible. And, and that's not the way we approach it. Dave: Yeah. Wow. Well, this has been this has been a lot. So really it's that simple. So the person who wants to just do all this themselves, we've laid out the whole playbook for them. Brian Yeah. The only simple thing they have to do is call us. Dave: There you go. That is it. Yeah. And, and oh, the other thing, not only are you the Bob, hope you now have moved from number two to number one for the most experienced icy disc guy. I know now that Neil Block is retired. Brian Well, that's, I don't know if that's a plus or not. Whether I'll take it just means I've been doing it a long time myself. So Dave: yeah, Neil was, I think my second, first or second guess. And and I was just happy. 'cause his billing rate back then was like $1,500 an hour. I was just glad I didn't get a bill a month later for him being on the podcast. But he, [01:00:00] he did it for exactly 50 years at one firm, baker and McKinsey in Chicago. He had one office, one phone number, like the whole 50 years. Brian Yeah. That's, Dave: that is something you don't see much anymore. Brian Definitely not, no. It's, but it's very, that's. That's very cool. And Neil is a very, you know, is a very intelligent savvy guy. Dave: Yeah, that is for sure. Well, Brian, anything else that we didn't cover that you can think of? Brian I can't think of anything. I think we covered a, a great deal here. Dave: Okay. Brian Can't think. Dave: Well, I, I'll let Brian we omitted. Dave: Well, great. Well, hey, thank you so much for your time. Really appreciate it. And I'll let you get back to your, your exploration of your yard there. Brian Yeah. I feel like, it's funny I shrunk the kids. Dave: I know. Well, hey, well, well again, thanks again, Brian. We all appreciate your time. Brian You're welcome. Have a good day. Dave: You too.

Cassidy wants to find out if her mom's fiancé is cheating on her before they get married. Follow us on socials! @themorningmess

Cam Young joins the show for a wide-ranging conversation on the long journey to his first PGA Tour win, battling expectations, Ryder Cup pressure at Bethpage, and how trusting the process changed his career.Cam opens up about Monday qualifiers, financial uncertainty early in his career, putting struggles, mental growth, and what finally clicked during his breakout run — culminating in a win, a Ryder Cup selection, and one of the most emotional stretches of his career.

Kevin Green underlines the day's upside potential move to $7035 but also circles potential downside to $6950 as investors prepare for the latest FOMC decision as well as earnings from megacap tech names. Premarket movers included ASML (ASML) and Seagate (STX). For STX, KG says 87% of its shipments went to data centers which could be driving an upside move in memory stocks. Additionally, he examines the move in GE Vernova (GEV) citing potential headwinds for out of Washington DC for its alternative energy segments. ======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – / schwabnetwork Follow us on Facebook – / schwabnetwork Follow us on LinkedIn - / schwab-network About Schwab Network - https://schwabnetwork.com/about

From Pepcom at CES 2026 in Las Vegas, Paul Tan, COO for Keychron, about the new Q Ultra Series keyboards, their best yet. Highlights include an 8K wireless polling rate with ultra-low latency, exceptional battery life measured in months, a premium CNC-milled aluminum build, upgraded switches, and browser-based configuration that eliminates software downloads that allow for deep customization.  Show Notes: Chapters: Links: Guests: Support:      Become a MacVoices Patron on Patreon     http://patreon.com/macvoices      Enjoy this episode? Make a one-time donation with PayPal Connect:      Web:     http://macvoices.com      Twitter:     http://www.twitter.com/chuckjoiner     http://www.twitter.com/macvoices      Mastodon:     https://mastodon.cloud/@chuckjoiner      Facebook:     http://www.facebook.com/chuck.joiner      MacVoices Page on Facebook:     http://www.facebook.com/macvoices/      MacVoices Group on Facebook:     http://www.facebook.com/groups/macvoice      LinkedIn:     https://www.linkedin.com/in/chuckjoiner/      Instagram:     https://www.instagram.com/chuckjoiner/ Subscribe:      Audio in iTunes     Video in iTunes      Subscribe manually via iTunes or any podcatcher:      Audio: http://www.macvoices.com/rss/macvoicesrss      Video: http://www.macvoices.com/rss/macvoicesvideorss

From Pepcom at CES 2026 in Las Vegas, Paul Tan, COO for Keychron, about the new Q Ultra Series keyboards, their best yet. Highlights include an 8K wireless polling rate with ultra-low latency, exceptional battery life measured in months, a premium CNC-milled aluminum build, upgraded switches, and browser-based configuration that eliminates software downloads that allow for deep customization.  Show Notes: Chapters: Links: Guests: Support:      Become a MacVoices Patron on Patreon      http://patreon.com/macvoices      Enjoy this episode? Make a one-time donation with PayPal Connect:      Web:      http://macvoices.com      Twitter:      http://www.twitter.com/chuckjoiner      http://www.twitter.com/macvoices      Mastodon:      https://mastodon.cloud/@chuckjoiner      Facebook:      http://www.facebook.com/chuck.joiner      MacVoices Page on Facebook:      http://www.facebook.com/macvoices/      MacVoices Group on Facebook:      http://www.facebook.com/groups/macvoice      LinkedIn:      https://www.linkedin.com/in/chuckjoiner/      Instagram:      https://www.instagram.com/chuckjoiner/ Subscribe:      Audio in iTunes      Video in iTunes      Subscribe manually via iTunes or any podcatcher:      Audio: http://www.macvoices.com/rss/macvoicesrss      Video: http://www.macvoices.com/rss/macvoicesvideorss

Tennis journalist and author Steve Flink breaks down the latest drama from the Australian Open as Jannik Sinner and Novak Djokovic prepare to face off once again. Can Sinner repeat his recent success, or will Djokovic find a way to change the script in this blockbuster Grand Slam rematch? Flink joins John Silk to analyse that match and look at the women's draw after Elena Rybakina's impressive victory over world No.1 Iga Swiatek, setting up a must-watch semi-final against Jessica Pegula. Insight, context and expert analysis from Melbourne Park as the Australian Open reaches its decisive stages. Learn more about your ad choices. Visit podcastchoices.com/adchoices

(0:00) Are the Patriots going to be AFC “Royalty” for the upcoming decade? (17:03) The callers weigh in on all that has been discussed on the show. (24:22) What does friend of the show Jared Stillman have to say about former Tennessee Titans head coach Mike Vrabel leading the Patriots to the Super Bowl? (32:33) Some thoughts on the Broncos 4th and 1 decision on Sunday that proved to be a costly mistake. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Aubrey thinks her man is cheating after what she found on their son's iPad. Follow us on socials! @themorningmess

Anonymous went through a lot to setup his wife for cheating just to get divorced, is he in the right, or a tad psycho? Headlines

Sara's built a solid foundation for her handmade business. Now, she's ready to cut back on in-person shows and grow her online sales. But how do you go from "everything's set up" to actually seeing consistent revenue? This episode is a fly-on-the-wall coaching call where we map out a clear, focused plan for hitting $35K in sales between September and December—without burning out or second-guessing every move. Listen in and learn: Why having a strong funnel and good products still won't get you the sales you want How to reframe ad spend as "paying for visibility" (not gambling for sales) The simple two-part ad strategy that builds her audience and drives traffic to her best-sellers How to give your subscribers a reason to buy every week—without creating new products or offering discounts   RELATED LINKS: Handmade Business? See How Janine Will Double Her Online Sales. https://www.thesocialsalesgirls.com/blog/handmade-business-see-how-janine-will-double-her-online-sales-episode-300 Christina's transitioning from in person to online sales. Here's how. https://www.thesocialsalesgirls.com/blog/christinas-transitioning-from-in-person-to-online-sales-here's-how-episode-298 The stress free content plan that built a huge audience. https://www.thesocialsalesgirls.com/blog/the-stress-free-content-plan-that-built-a-huge-audience-episode-190

Scott Wapner and the Investment Committee debate how important the next few days are for the rally as Mega Cap Earnings, the Fed Decision and a potential government shutdown hang over stocks. Plus,  the desk reacts to a letter from Activist Investor Dan Loeb and his firm Third Point calling for a new board for Costar Group, citing "weak oversight." And later, we hit the Setup on some Committee names reporting earnings tomorrow. Investment Committee Disclosures Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Join us for a conversation on EFS with Kyle Claunch, Associate Professor of Christian Theology at the Southern Baptist Theological Seminary.   Detailed Analytical Outline: "Everything You Need to Know About EFS and The Trinity | Kyle Claunch | #100" This outline structures the podcast episode chronologically by timestamp, providing a summary of content, key theological arguments, analytical insights (e.g., strengths of positions, biblical/theological connections, and implications for Trinitarian doctrine), and notable quotes. The discussion centers on Eternal Functional Submission (EFS, also termed Eternal Submission of the Son [ESS] or Eternal Relations of Authority and Submission [ERAS]), its biblical basis, critiques, and broader Trinitarian implications. Host Sean Demars interviews Kyle Claunch, a theologian offering a non-EFS perspective rooted in classical Trinitarianism (e.g., Augustine, Athanasius). The tone is conversational, humble, and worship-oriented, emphasizing the doctrine's gravity (per Augustine: "Nowhere else is a mistake more dangerous"). Introduction and Setup (00:10–01:48) Content Summary: Episode opens with music and host introduction. Sean Demars welcomes first-time guest Kyle Claunch (noting a prior unreleased recording). Light banter references mutual acquaintance Jim Hamilton (a repeat guest) and a breakfast discussion on Song of Solomon. Transition to topic: the Trinity, with humorous acknowledgment of its complexity. Key Points: Shoutout to Hamilton as the "three-timer" on the show; playful goal of featuring Kenwood elders repeatedly. Tease of future episodes on Song of Solomon, Ecclesiastes, Psalms. Analytical Insights: Establishes relational warmth and insider Reformed/Baptist context (e.g., Kenwood Baptist Church ties). Frames Trinity discussion as high-stakes yet accessible, aligning with podcast's "Room for Nuance" ethos—nuanced, non-polemical engagement. Implications: Builds trust for dense theology, reminding listeners of communal discipleship. Notable Quote: "Nothing better to talk about... Nowhere else is a mistake more dangerous, Augustine says about the doctrine of the trinity." (01:33) Opening Prayer (01:48–02:29) Content Summary: Claunch prays for accurate representation of God, protection from error, and edification of listeners (believers to worship, unbelievers to Christ). Key Points: Gratitude for knowing God as Father through Son by Spirit; plea for words and meditations to be acceptable (Psalm 19:14 echo). Analytical Insights: Models Trinitarian piety—prayer invokes all persons, underscoring episode's theme of relational unity over hierarchical submission. Strengthens devotional framing, countering potential abstraction in doctrine. Notable Quote: "May the saints who hear this be drawn to worship. May those that don't know you be drawn to want to know you through your son Jesus." (02:07–02:29) Interview Origin and Personal Context (02:29–04:18) Content Summary: Demars recounts how Hamilton recommended Claunch as a counterpoint to Owen Strawn's EFS views (from a prior episode on theological retrieval). Demars shares his wavering stance on EFS (initial acceptance, rejection, ambivalence—like amillennialism) and seeks Claunch's help to "land" biblically. Key Points: EFS as a debated topic in evangelical circles; Claunch's approach ties to retrieval. Demars' vulnerability: Desire for settled conviction on God's self-revelation. Analytical Insights: Highlights EFS debate's live-wire status in Reformed theology (post-2016 surge via Ware, Grudem). Demars' "help me land" plea humanizes the host, inviting listeners into personal theological pilgrimage. Implication: Doctrine as transformative, not merely academic—echoes Augustine's "discovery more advantageous" (later referenced). Notable Quote: "Part of this is really just being like dear brother Kyle help me like land where I need to land on this." (03:53) Defining EFS/ESS/ERAS (04:18–07:01) Content Summary: Claunch defines terms: EFS (eternal functional submission of Son/Spirit to Father per divine nature); ESS (eternal submission of Son); ERAS (eternal relations of authority/submission, per Ware). Contrasts with incarnational obedience (uncontroversial for creatures). Key Points: Eternal (contra-temporal, constitutive of God's life); not limited to human nature. Biblical focus on Son, but extends to Spirit; relations as "godness of God" (Father-Son-Spirit distinctions). Analytical Insights: Clarifies nomenclature's evolution (avoiding "subordinationism" heresy). Strength: Steel-mans EFS as biblically motivated, not cultural. Weakness: Risks blurring persons' equality if submission is essential. Connects to classical taxonomy (one essence, three persons via relations). Notable Quote: "This relation of authority and submission then is internal to the very life of God and as such is constitutive of what it means for God to be God." (06:36) Biblical Texts for EFS: Steel-Manning Arguments (07:01–14:34) Content Summary: Claunch lists key texts EFS advocates use, steel-manning sympathetically. John 6:38 (07:35): Son came "not to do my own will, but the will of him who sent me"—roots in pre-incarnate motive. Sending Language (09:04): Father sends Son (never reverse); implies authority-obedience. Father-Son Names (09:43): Eternal sonship entails biblical patriarchal authority. 1 Cor 11:3 (10:04): "God [Father] is the head of Christ"—parallels man-woman headship (authority symbol). 1 Cor 15:24–28 (13:13): Future subjection of Son to Father ("eternity future" implies past). Key Points: EFS holders (e.g., Ware, Grudem—Claunch's friends/mentor) prioritize Scripture; not anti-Trinitarian. Analytical Insights: Effective charity—affirms motives (biblicism) while previewing critiques. Texts highlight economic Trinity (missions reveal immanent relations). Implication: If valid, EFS grounds complementarity in creation (e.g., gender roles via 1 Cor 11). But risks Arianism echoes if submission essentializes inequality. Notable Quote: "They believe this because they are convinced that this is what the Bible teaches... It's a genuine desire to believe what the Bible says." (14:15) Critiquing EFS Texts: Governing Principles (14:52–19:02) Content Summary: Claunch introduces "form of God/form of servant" rule (Augustine, Phil 2:6–8) and unity of God (one essence, attributes, acts). Applies to texts, emphasizing incarnation. John 6:38 (15:11): Incarnational (Son assumes human will to obey as Last Adam); "not my own will" implies distinct (human-divine) wills, not eternal submission. Compares to Gethsemane (Lk 22:42), Phil 2 (obedience as "became," not eternal), Heb 5:8 (learns obedience via suffering). Key Points: Obedience creaturely (Adam failed, Christ succeeds); EFS demands discrete divine wills, contradicting one will/power (inseparable operations). Analytical Insights: Augustinian rule shines—resolves tensions without modalism/Arianism. Strength: Harmonizes canon (analogy of Scripture). Implication: Protects active obedience's soteriological role (imputed righteousness). Weakness in EFS: Overlooks hypostatic union's permanence. Notable Quote: "Obedience is something he became, not something he was." (35:15) Inseparable Operations and Unity (19:02–28:18) Content Summary: One God = one almighty/omniscient/will (Athanasian Creed); external acts (ad extra) undivided (e.g., creation, resurrection appropriated to persons but shared). EFS's "distinct enactment" incoherent—submission requires discrete wills, implying polytheism. Submission entails disagreement possibility, undermining unity. Key Points: Appropriation (e.g., Father elects, but all persons do); one will upstream from texts. Analytical Insights: Core classical rebuttal—echoes Cappadocians vs. Arius (one ousia, three hypostases). Strength: Biblical (e.g., Jn 1 creation triad). Implication: Safeguards monotheism; critiques social Trinitarianism/EFS as quasi-polytheistic. Ties to procession (relations without hierarchy). Notable Quote: "If God's knowledge and mind understanding will is all one then the very idea... that you could have one divine person... have authority and the other... not have the same authority... Seems to be a category mistake." (24:41–25:14) Further Critiques: Sending, Headship, Future Submission (28:18–50:07) Content Summary: Sending (42:30): Not command (Aquinas/Augustine); missions reveal processions (eternal generation), not authority (analogical, e.g., adult "sending" without hierarchy). 1 Cor 11:3 (46:34): Incarnational (Christ as mediator); underdetermined text, informed by whole Scripture. 1 Cor 15 (48:10): Post-resurrection = ongoing hypostatic union (God-man forever submits as creature). Spirit's "Obedience" (49:26): No biblical texts; EFS extension illogical (Spirit unincarnate). Jn 16:13 ("not... on his own authority") mistranslates—Greek "from himself" denotes procession, not submission (parallels Jn 5:19–26 on Son's generation). Key Points: Obedience emphasis on Son's humanity for redemption; Spirit's mission unified (takes Father's/Son's). Analytical Insights: Devastating on Spirit—exposes EFS asymmetry. Strength: Exegetical precision (Greek apo heautou). Implication: EFS risks divinizing hierarchy over equality; retrieval favors Nicene grammar. Notable Quote: "There's not one single biblical text that uses the language of authority, submission, obedience in relation to the spirit." (50:07) Processions, Personhood, and Retrieval Tease (50:07–1:10:04) Content Summary: Persons = rational subsistences (Boethius); distinction via relations/processions (Father unbegotten, Son generated, Spirit spirated—not three wills/agents). Demars probes: Processions define persons (Son from Father, Spirit from both?). Claunch: Analogical, not creaturely autonomy. Teases retrieval discussion for future episode. Key Points: Creator-creature distinction; via eminentia/negativa for terms like "person." God unlike us—worship response to mystery. Analytical Insights: Clarifies hypostases vs. prosopa; counters social Trinitarianism. Strength: Humility amid density ("take your sandals off"). Implication: EFS confuses economic/immanent Trinity; retrieval recovers Nicene subtlety vs. modern individualism. Notable Quote: "The distinction is in the relation only... The ground of personhood is the divine nature." (1:03:07–1:03:32) Eschatological Reflection and Heaven (1:10:04–1:13:39) Content Summary: Demars: Perpetual learning in heaven? Claunch: Infinite expansion (Edwards' analogy—expanding vessel in God's love); Augustine: Laborious but advantageous pursuit. Key Points: Glorified knowledge joyful, finite yet ever-growing; press on (Hos 4:6). Analytical Insights: Pastoral pivot—doctrine doxological, not despairing. Ties to episode's awe: Trinity as eternal discovery. Notable Quote: "Nowhere else is a mistake more dangerous or the task more laborious or the discovery more advantageous." (1:13:11) Rapid-Fire Q&A (1:13:55–1:20:14) Content Summary: Fun segment: Favorites (24, Spurgeon/Piper sermons, Tolkien, It's a Wonderful Life, mountains, wine, licorice hate, fly, morning person, etc.). Ends with straw holes trick (one). Key Points: Reveals Claunch's tastes (e.g., Owen's works as "systematic theology," "Immortal, Invisible" hymn for funeral—mortality vs. God's eternity). Analytical Insights: Humanizes expert; hymn choice reinforces theme (Psalm 90 echo). Lightens load post-depth. Closing Prayer (1:20:14–1:21:04) Content Summary: Demars thanks God for Claunch's clarity; prays for his influence in church/academy. Key Points: Blessing for edification, glory. Analytical Insights: Bookends with prayer—Trinitarian focus implicit. Overall Analytical Themes: Claunch's non-EFS view upholds Nicene equality via processions/operations, critiquing EFS as well-intentioned but incoherent (risks subordinationism). Episode excels in balance: exegetical rigor, historical retrieval (Augustine/Aquinas/Owen), pastoral warmth. Implications: Bolsters complementarianism without Trinitarian cost; urges humility in mystery. Ideal for theology students/pastors navigating debates.  

Markets head into a critical earnings stretch. Julian Emanuel of Evercore ISI lays out why the setup may still be favorable for tech as the sector faces its next major test. Michael Ha of Baird on trading health care as insurers post their worst day in years. Seth Goldstein of Morningstar on the Tesla setup ahead of earnings. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In this episode of Owned and Operated, John Wilson is joined by Sam Preston (CEO of Service Scalers) to break down how smart home service operators should budget for marketing in 2026. They explain why one-size-fits-all marketing budgets don't work, how to reverse-engineer spend from the number of leads you actually need, and why most companies don't have a lead problem—they have an execution problem.This conversation goes deep on gross profit–based budgeting, flexible marketing spend, and the exact frameworks operators use to decide what to scale, cut, test, or deploy in emergencies.What you'll learn in this episode:Why marketing budgets should be based on gross profit, not revenueHow to calculate marketing spend by backing into daily lead requirementsThe difference between budgeting for a new business vs. a 10-year-old companyThe 4 (plus 1) marketing budget buckets every operator should useA simple kill vs. scale framework to test marketing channels without guesswork

Australian Open Latest breaks down a blockbuster day in Melbourne — Carlos Alcaraz outclasses Alex de Minaur to book a mouth-watering semi-final with Alexander Zverev, while Coco Gauff's title hopes end in frustration against Elina Svitolina, complete with a smashed racket moment. Plus, we spotlight rising star Learner Tien, whose poise and progress continue to turn heads as he climbs the rankings. All the drama, talking points and takeaways from the Australian Open, right here.

The Letter of Jude E4 — In verses 5-7, Jude warns a Jewish Messianic community about a group of people in their midst who live without moral restraint and reject Jesus' authority. After comparing them to a series of human and angelic rebels in the Hebrew Bible, Jude then calls out the corrupt church members in verses 8-10 as ones who “slander the glorious-ones,” referring to angels. What is Jude talking about, and why would slandering spiritual beings be considered offensive? In this episode, Jon and Tim explore the Hebrew Bible and Second-Temple period apocryphal literature to understand the unique role and revered status of angels among 1st-century Jewish people.FULL SHOW NOTESFor chapter-by-chapter summaries, referenced Scriptures, and reflection questions, check out the full show notes for this episode.CHAPTERSRecap of Introduction and Setup for Verses 8-10 (0:00-10:21)Angels in the Hebrew Bible and Second-Temple Literature (10:21-39:02)Michael the Archangel's Restraint (39:02-1:06:12)OFFICIAL EPISODE TRANSCRIPTView this episode's official transcript.BIBLEPROJECT JUDE TRANSLATIONView our full translation of the Letter of Jude.REFERENCED RESOURCESGod and Spiritual Beings Podcast SeriesCheck out Tim's extensive collection of recommended books.SHOW MUSIC“Chillbop ft. Me & The Boys” by Lofi Sunday“Cherish ft. PAINT WITH SOUND” by Lofi SundayBibleProject theme song by TENTSSHOW CREDITSProduction of today's episode is by Lindsey Ponder, producer, and Cooper Peltz, managing producer. Tyler Bailey is our supervising engineer, who also edited today's episode and provided the sound design and mix. JB Witty writes the show notes. Our host and creative director is Jon Collins, and our lead scholar is Tim Mackie. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

(0:00)The third hour of the show opens with the callers giving their thoughts on all things Patriots. (14:27) Did anyone expect to see the Patriots in the Super Bowl when the season began? Plus, more thoughts from the callers. (23:44) The guys give their thoughts on the Seahawks vs Rams NFC Championship and how they Seahawks matchup with the Patriots in the Super Bowl. (30:22) A Lightning Round of callers on the Patriots. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Alexandra thinks her man could be cheating after his hoodie smells like another girl's perfume. Follow us on socials! @themorningmess

Chris Goss is the Director of Hospitality, Operations, and Human Resources at Heirloom Hospitality in Vermont, where he oversees people, culture, and guest experience across the organization. With more than four years in this role, and over 30 years of restaurant hospitality experience before that, Chris blends strategic HR leadership with hands-on operational expertise to help build engaged teams and memorable hospitality experiences. Passionate about "awakened" hospitality, he focuses on values-driven leadership, staff development, and creating workplaces where people feel seen, supported, and able to do their best work. On this episode, Chris shares lessons from a career spent at the intersection of service, operations, and human connection—and how thoughtful HR can transform both employee and guest journeys. Join RULibrary: www.restaurantunstoppable.com/RULibrary Join RULive: www.restaurantunstoppable.com/live Set Up your RUEvolve 1:1: www.restaurantunstoppable.com/evolve Subscribe on YouTube: https://youtube.com/restaurantunstoppable Subscribe to our email newsletter: https://www.restaurantunstoppable.com/ Today's sponsors: - Restaurant Technologies — the leader in automated cooking oil management. Their Total Oil Management solution is an end-to-end closed loop automated system that delivers, monitors, filters, collects, and recycles your cooking oil eliminating one of the dirtiest jobs in the kitchen.. Automate your oil and elevate your kitchen by visiting rti-inc.com or call 888-779-5314 to get started! - Restaurant Systems Pro - Lower your prime cost by $1,000, and get paid $1,000 with the Restaurant Systems Pro 30-Day Prime Cost Challenge. If you successfully improve your prime cost by $1,000 or more compared to the same 30-day period last year, Restaurant Systems Pro will pay you $1,000. It's a "reverse guarantee."  Let's make 2026 the year your restaurant thrives. - US Foods®. Running a restaurant takes MORE than great food—it takes reliable deliveries, quality products, and smart tools. US Foods® helps you make it. Ready to level up? Visit: usfoods.com/expectmore. - Guest contact info:  Email: christopherleegoss@gmail.com -OR- chris@henofthewood.com  Thanks for listening! Rate the podcast, subscribe, and share! 

Curious? Watch Our Money Makeover Bootcamp!Ready? Buy Our Simplified Budget System Now!February's knocking at the door (yes, the month with TWO R's — we didn't forget

We're revisiting one of my favorite topics: how to turn your office or workspace into a powerhouse for productivity, creativity, and abundance!

The Seahawks made the bold moves the 49ers have avoided and they have paid off

It's tax season!!! Now is a great time to talk to your tax pro about how your business is set up!!!

Most people hear “solar” and picture rooftop panels and a major installation. This episode covers a very different option: portable, plug-in solar that can work for renters and homeowners, without putting panels on your roof. Host Laurie McCarty is joined by Cora Stryker, co-founder of Bright Saver, to break down plug-in solar in plain English, including what it is, how it works, and why it is an option more people should know about. In this episode, listeners will learn:What plug-in solar is and how it differs from traditional rooftop solarWhether portable solar is safe and what proper setup looks likeWhat it can realistically power and what expectations to haveWho plug-in solar is best for, including renters, condo owners, and shaded propertiesTypical cost ranges and common misconceptions about savingsWhere panels can be placed, such as patios, balconies, or backyardsCalifornia regulations, interconnection concerns, and adoption challengesWhat the future of portable solar could look like over the next several years________________________________Keywords: portable solar, plug-in solar, solar for renters, solar without rooftop panels, California solar options, portable solar panels, home energy savings, electric bill reduction, solar alternatives, renewable energy for renters, Kern County real estate podcast, solar and real estate

The Australian Open quarterfinal line-ups are heating up as Iga Swiatek, Elena Rybakina, Jannik Sinner, and Ben Shelton all booked their spots on a blockbuster Day 9 at Melbourne Park

Gigi Salmon, Russell Fuller and Mark Woodforde wrap up Day 9 at the Australian Open, where history is made with the top six seeds in both singles draws all reaching the quarter-finals.We run through a star-studded last eight, discuss the rise of the American women, hear from Jessica Pegula after her win over Madison Keys, and look ahead to brutal heat and a huge test for Alex De Minaur against Carlos Alcaraz.Timecodes: 01:11 – All top seeds reach the quarter-finals 05:55 – American women dominate the last eight 07:38 – Jessica Pegula speaks to Russell Fuller 13:10 – Extreme heat forecast for Tuesday 16:40 – Woodforde predicts De Minaur v Alcaraz

In this episode of Can We Talk R&B, host Ian sits down with Jabari Johnson, founder and CEO of RNBOnly, the touring brand that has sold over 750,000 tickets without a traditional recording artist. Jabari walks through his journey from Bronx hip-hop kid to label executive, party promoter, and ultimately the architect of one of the biggest R&B experiences in the world.Ian and Jabari break down how RNBOnly was born from late-night R&B sets at hip-hop parties, what it means to build a “Non-Artist Touring Entity,” why R&B is spiritual and rooted in Black love, how the “Anniversary (A Cappella)” collaboration came together, and where the genre is headed next.If you care about culture, entrepreneurship, and the future of R&B, this conversation is for you.

If you're a woman between 35 and 45 and your body has stopped responding, it's not because you haven't tried hard enough. It's not because you picked the wrong diet, the wrong peptide, or the wrong hormone protocol.It's because your body does not feel safe.In this episode, I break down why so many women are spending thousands on hormones, peptides, supplements, workouts, and healing paths, only to feel more exhausted, inflamed, and frustrated than before.Support the showHosted by Casey Shipp — 3000+ transformations, Self-Made Millionaire, High Priestess, Writer, Fitness Cover Model, and Founder of the Hotbody App. $30M client wins | $7.8M sold onlineRich isn't rare. Category of one is.

A major winter storm is here, but setting up your phone's Medical ID takes five minutes and allows first responders to access critical health information. Learn more about your ad choices. Visit megaphone.fm/adchoices

Next week could be one of the most important market weeks we've seen in a while, and it may set the tone for the next few months.In this episode, James breaks down why the market reacted so sharply to Trump's latest headlines involving Greenland, NATO, and rising geopolitical uncertainty, and why moments like this often create opportunity for long term investors. When fear spikes, prices drop, and that is usually when the best buying windows open.We also cover a major issue investors need to watch out for: insurance being sold as an “investment.” James explains why “insurance sold to you as an investment is neither good insurance nor a good investment,” why “infinite banking” is often misleading, and how products like whole life, universal life, and indexed universal life insurance can come with extremely high fees that quietly destroy long term returns.Then we shift to what could be the biggest driver of market direction: major earnings next week. With companies like Apple, Microsoft, Tesla, Meta, and more reporting, we talk about what to watch for, why volatility could pick up, and how investors sitting on cash may find some real buying opportunities.Finally, James closes with an update on gold and silver, where they stand now, what has been driving the move, and whether they can keep pushing higher from here.If you are investing for the long run, this is the kind of week that can create the best setups if you know what to look for.Subscribe for weekly market breakdowns, investing strategy, retirement planning, and tax smart financial planning.All Information is educational in its intent and distribution! Please do not consider this personal financial advice. We believe all clients have unique situations and thus require unique advice.

Marc thinks his girl is cheating with his best friend after finding her necklace at his place. Follow us on socials! @themorningmess

In this episode, I sit down with Boris, the creator of Claude Code and one of the key builders behind Claude Cowork, to unpack what Cowork actually unlocks and how people use it in the real world. He walks through a hands-on demo where Cowork organizes files, extracts receipt data, builds a clean spreadsheet, and even drives the browser to create and share a Google Sheet. We go deep on how “agentic” work feels different when the model takes actions across your computer, your browser, and your tools. Then I shift into Boris's viral workflow for Claude Code: parallel sessions, plan-first execution, Claude.md as a compounding team memory, and verification loops that dramatically improve output quality. Timestamps: 00:00 – Intro 03:26 – Cowork Overview 05:51 – Demo: Folder Access + Renaming Receipts 08:23 – Demo: Turning Receipts Into A Spreadsheet 10:52 – Demo: Google Sheets + Chrome Control 15:52 – Demo: Emailing The Sheet + Parallel Tasking 22:07 – Best way to start/use with Cowork 24:22 – Where will AI and Agents Go Next 28:44 – Boris's Claude Code Setup 41:12 – The “Claude” Pronunciation Discussion Key Points I use Cowork as a “doer,” not a chat: it touches files, browsers, and tools directly. I think about productivity as parallelism: multiple tasks running while I steer outcomes. I treat Claude.md as compounding memory: every mistake becomes a durable rule for the team. I run plan-first workflows: once the plan is solid, execution gets dramatically cleaner. I give Claude a way to verify output (browser/tests): verification drives quality. The #1 tool to find startup ideas/trends - https://www.ideabrowser.com LCA helps Fortune 500s and fast-growing startups build their future - from Warner Music to Fortnite to Dropbox. We turn 'what if' into reality with AI, apps, and next-gen products https://latecheckout.agency/ The Vibe Marketer - Resources for people into vibe marketing/marketing with AI: https://www.thevibemarketer.com/ FIND ME ON SOCIAL X/Twitter: https://twitter.com/gregisenberg Instagram: https://instagram.com/gregisenberg/ LinkedIn: https://www.linkedin.com/in/gisenberg/ FIND BORIS ON SOCIAL X/Twitter: https://x.com/bcherny

Plus: Ubisoft Entertainment shares plunge after major structural overhaul announcement. And Elon Musk takes the stage at Davos. Julie Chang hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Gabriela thinks her man wants to get back with his ex, who is also her best friend. Follow us on socials! @themorningmess

Jordan Ware and Cindi Kozak are the chef-and-general manager team behind Frankie's in Burlington, Vermont, a 70-seat, seafood-forward, farm-to-table restaurant in the former Penny Cluse Café space that has quickly become one of the most talked-about new spots in the country. After years working together at Hen of the Wood—Jordan as executive chef and Cindi as general manager and wine buyer—they struck out on their first solo venture, building a warm, "fine but friendly" dining room that bridges casual and special-occasion hospitality while spotlighting New England farms, fisheries, and producers. Jordan, a Culinary Institute of America graduate originally from Bennington, Vermont, leads an ever-changing, adventurous menu that works directly with local farmers and a small fishmonger to keep the food deeply tied to place, while Cindi, who came to Burlington for Champlain College, curates the wine and cocktail programs with an emphasis on sustainable, personality-driven bottles and classic-but-not-stuffy drinks. Together they see Frankie's as a civic investment in downtown Burlington and a joyful, community-driven "day-to-day place," where the next generation of Vermont hospitality can experiment with new ideas, support producers, and still feel like a neighborhood restaurant. Join RULibrary: www.restaurantunstoppable.com/RULibrary Join RULive: www.restaurantunstoppable.com/live Set Up your RUEvolve 1:1: www.restaurantunstoppable.com/evolve Subscribe on YouTube: https://youtube.com/restaurantunstoppable Subscribe to our email newsletter: https://www.restaurantunstoppable.com/ Today's sponsors: - Restaurant Technologies — the leader in automated cooking oil management. Their Total Oil Management solution is an end-to-end closed loop automated system that delivers, monitors, filters, collects, and recycles your cooking oil eliminating one of the dirtiest jobs in the kitchen.. Automate your oil and elevate your kitchen by visiting rti-inc.com or call 888-779-5314 to get started! - Restaurant Systems Pro - Lower your prime cost by $1,000, and get paid $1,000 with the Restaurant Systems Pro 30-Day Prime Cost Challenge. If you successfully improve your prime cost by $1,000 or more compared to the same 30-day period last year, Restaurant Systems Pro will pay you $1,000. It's a "reverse guarantee."  Let's make 2026 the year your restaurant thrives. - US Foods®. Running a restaurant takes MORE than great food—it takes reliable deliveries, quality products, and smart tools. US Foods® helps you make it. Ready to level up? Visit: usfoods.com/expectmore. - Today's guest recommends: Toast Guest contact info:  Email: cindi@frankiesvt.com Instagram: @frankiesvt Website: https://www.frankiesvt.com Thanks for listening! Rate the podcast, subscribe, and share! 

Rosie wants to find out if her man actually cheated on her because his best friend keeps encouraging it. Follow us on socials! @themorningmess

Aurora wants to find out if her girlfriend, Belen, is actually cheating after her own daughter snitched her out. Follow us on socials! @themorningmess