Resilience and Resolve with Lance Drury

By resilienceandresolve

Resilience and Resolve with Lance Drury: Understanding the Basics of Tax Resolution

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FAQs about Resilience and Resolve with Lance Drury:

How many episodes does Resilience and Resolve with Lance Drury have?

The podcast currently has 65 episodes available.

Resilience and Resolve with Lance Drury episodes:

July 03, 2026 What Happens When IRS Collections Resume After a Long Period of Silence
Episode Summary:
In this episode of *Resilience and Resolve* Lance Drury sheds light on why IRS collection activities can suddenly resume after a period of silence. Lance explains the bureaucratic reasons behind this phenomenon and highlights how changes in income and compliance status can impact the situation. Ignoring IRS notices can have severe consequences, as Lance emphasizes the importance of proactive communication with the IRS to avoid levies and other serious repercussions.
Key Timestamps:
00:00 – Introduction
01:30 – Reasons for IRS collection resumptions
04:15 – Impact of changes in income and compliance status
06:45 – Consequences of ignoring IRS notices
09:20 – Preventive measures to avoid collection challenges
12:00 – Caller's responsibility in resolving IRS issues
About the Show:
*Resilience and Resolve* with Lance Drury provides expert insights on navigating IRS challenges, offering practical strategies for individuals and small business owners facing tax-related issues. The show equips listeners with valuable knowledge to handle IRS collection activities effectively and proactively.
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14min
June 26, 2026 Filing Back Taxes When the IRS Has Already Estimated What You Owe
Episode Summary:
In this episode, Lance Drury explains the implications of IRS estimates on back taxes, highlighting the importance of filing accurate returns to avoid overpayment. Discover how correcting IRS estimates can significantly reduce tax liabilities and penalties, offering actionable insight for anyone facing this challenge.
Key Timestamps:
00:00 – Introduction
02:15 – IRS's Substitute for Return (SFR) Process
04:30 – Discrepancies in IRS Estimates vs. Actual Returns
06:45 – Impact of Challenging IRS Estimates
09:10 – Lowering Penalties and Interest Through Corrected Returns
11:25 – Timing Strategies for Addressing IRS Estimates
13:40 – Simplifying the Correction Process for Taxpayers
16:05 – Steps to Take After IRS Estimates Your Taxes
18:30 – Closing Remarks and Contact Information
About the Show:
*Resilience and Resolve* with Lance Drury provides expert guidance to individuals and small business owners facing IRS tax challenges. With over 30 years of experience, Lance helps clients navigate complex tax issues and regain financial control.
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11min
June 19, 2026 What Happens to IRS Agreements After Divorce, Job Loss, or Illness
Episode Summary:
In this episode, Attorney Lance Drury discusses the impact of major life changes like divorce, job loss, and illness on IRS agreements. He emphasizes the importance of renegotiating agreements when economic circumstances shift, highlighting real-life examples where early intervention made a significant difference in IRS responses.
Key Timestamps:
00:00 – Introduction
02:15 – Effect of major life changes on IRS agreements
04:30 – Dealing with job loss or medical issues impacting payments
07:10 – Handling IRS agreements during divorce settlements
09:45 – Addressing personal hardship with the IRS
12:20 – Case study: Impact of early intervention on IRS response
15:00 – Importance of communication with the IRS
17:30 – Role of ongoing compliance in agreement adjustments
20:00 – Common mistakes hindering recovery from disruptions
22:45 – Advice for individuals struggling with IRS agreements
About the Show:
*Resilience and Resolve* is a podcast where Attorney Lance Drury helps individuals and small business owners navigate IRS challenges with over 30 years of experience in tax law. Gain insights on managing IRS agreements through life changes and ensuring compliance for financial stability.
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17min
June 12, 2026 Why IRS Tax Problems Get Worse Before They Get Better
Episode Summary:
In this episode of *Resilience and Resolve*, Attorney Lance Drury sheds light on why IRS tax problems often escalate when individuals try to address them. He shares insights on how contacting the IRS without a clear plan can lead to unreasonable demands and deadlines, causing situations to worsen. Lance emphasizes the importance of staying calm, seeking professional help, and having a clear strategy to navigate IRS challenges effectively.
Key Timestamps:
00:00 – Introduction
02:15 – Why IRS situations escalate without a clear plan
04:30 – Consequences of engaging with the IRS prematurely
06:45 – Understanding the role of timing in IRS enforcement actions
09:10 – Avoiding panic and emotional reactions in dealing with the IRS
12:05 – Mistakes people make when reacting emotionally to IRS notices
14:30 – Importance of having a clear plan to handle IRS issues
17:20 – Benefits of seeking professional help in dealing with the IRS
20:00 – Guidance for individuals feeling discouraged by escalating IRS problems
About the Show:
*Resilience and Resolve* is a podcast hosted by Attorney Lance Drury, dedicated to helping individuals and small businesses navigate complex IRS challenges. With over 30 years of experience, Lance Drury provides practical advice and strategies to regain control over IRS-related issues. Join us for expert insights and actionable solutions to overcome tax problems effectively.
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15min
June 05, 2026 How Many Years Back Can the IRS Make You File Tax Returns?
Episode Summary:
In this episode of *Resilience and Resolve* Lance Drury sheds light on the crucial topic of filing unfiled tax returns. Lance emphasizes the IRS's requirement of filing the last six years of tax returns before considering settlement options. He warns against the risks of guessing wrong and highlights the common mistakes made by taxpayers and accountants. Understanding the implications of filing the correct number of years can make a significant difference in resolving tax issues effectively.
Key Timestamps:
00:00 – Introduction
00:45 – IRS regulation on filing tax returns
01:30 – Mistakes made by accountants in advising taxpayers
03:15 – Importance of filing the last six years only
05:10 – Consequences of filing fewer years than required
07:20 – Being compliant for negotiation with the IRS
08:45 – Ensuring 100% compliance moving forward
10:00 – Risks of assuming older years don't matter
11:30 – IRS's ability to enforce collection with unfiled returns
13:00 – Impact of income reporting on filing requirements
14:30 – Opening doors to resolution options with correct filings
16:00 – Advice for individuals unsure about filing requirements
About the Show:
*Resilience and Resolve* with Lance Drury provides essential insights and guidance for individuals and small business owners dealing with IRS tax problems. With over 30 years of experience, Lance helps clients regain control in challenging tax situations, offering actionable strategies to navigate tax-related issues effectively.
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14min
May 29, 2026 Can the IRS Come After You Personally for Business Tax Debt?
Episode Summary:
In this episode, Lance Drury discusses the implications of IRS personal responsibility for business tax debt. He explains how business structures may not always protect individuals, leading to potential personal liability for unpaid payroll taxes. Lance emphasizes the importance of compliance and timely tax payments to avoid personal exposure to IRS collections.
Key Timestamps:
00:00 – Introduction
03:12 – IRS Trust Fund Civil Penalty
06:45 – Personal Responsibility for Sole Proprietors
10:20 – Impact of Business Closure on Personal Collection
14:05 – Compliance and Limiting Personal Exposure
18:30 – Avoiding Personal Tax Debt Risks
About the Show:
*Resilience and Resolve* offers valuable insights on navigating IRS challenges for small business owners and individuals. Lance Drury shares expert advice on resolving tax issues and regaining control when facing overwhelming IRS problems.
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16min
May 22, 2026 IRS Compliance Explained: Why Filing and Reporting Matter More Than Payment
Episode Summary:
In this episode, attorney Lance Drury breaks down the crucial concept of IRS compliance in tax resolution. Compliance involves timely filing and payment of taxes, paving the way for negotiation with the IRS. Lance emphasizes the significance of filing over payment, highlighting common pitfalls and misconceptions that can lead to escalating tax debt.
Key Timestamps:
00:00 – Introduction
01:30 – Definition of IRS Compliance
03:15 – Importance of Filing Over Payment
05:45 – Pitfalls of Non-Compliance
07:20 – Resolving Tax Debt Requires Compliance
09:10 – Impact of Compliance on Payment Plans
11:05 – Dangers of Partial Compliance
13:40 – Steps to Achieve Full Compliance
16:00 – Compliance at Federal and State Levels
18:30 – Final Advice on Getting Back on Track
About the Show:
*Resilience and Resolve* is a podcast hosted by attorney Lance Drury, guiding individuals and small business owners through IRS tax issues with over 30 years of experience. Discover actionable strategies and insights to regain control when facing overwhelming tax problems.
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13min
May 20, 2026 IRS Payment Plan Default: What Happens If You Miss Payments
Episode Summary:
In this episode of *Resilience and Resolve* Lance Drury discusses the repercussions of an IRS payment plan falling apart. He highlights the critical implications of defaulting on agreements and offers insights into renegotiating new payment plans with the IRS.
Key Timestamps:
00:00 – Introduction
01:30 – Meaning of IRS payment plan default
03:45 – Common causes of payment plan failures
05:20 – Renegotiating agreements after default
07:10 – IRS response time to defaults
09:05 – Impacts of defaulted plans
11:15 – Handling defaulted plans efficiently
13:20 – Mistakes complicating plan repairs
15:00 – Repairing defaulted plans
17:30 – Precautions before IRS escalates
About the Show:
*Resilience and Resolve* is a podcast series hosted by Lance Drury, focusing on assisting individuals and small business owners in navigating IRS-related challenges. With over 30 years of experience, Lance aims to provide clarity and solutions in tax-related matters.
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15min
May 15, 2026 Unfiled Tax Returns: What Happens If You Don’t File With the IRS
Episode Summary:
In this episode of *Resilience and Resolve* Lance Drury sheds light on the intricate process of unfiled tax returns and the potential consequences individuals face when neglecting to file. He explains how the IRS handles non-filers, emphasizing the importance of taking proactive steps to avoid escalating tax liabilities. By sharing real-life scenarios and expert insights, Lance provides valuable guidance on navigating IRS challenges effectively.
Key Timestamps:
00:00 – Introduction
01:30 – IRS Treatment of Non-Filers
03:45 – Consequences of IRS Preparing Returns for Non-Filers
05:12 – Impact of Failure to File Penalty
07:20 – Filing Compliance and Statute of Limitations
09:45 – Importance of Filing Last Six Years' Returns
11:10 – Risks of Delaying Filing and Fear of Owing Taxes
13:25 – Influence of Unfiled Returns on Payment Plans and Resolutions
15:40 – Steps to Address Unfiled Returns and IRS Settlement Options
18:05 – Final Advice for Those Behind on Filing
About the Show:
*Resilience and Resolve* with Lance Drury focuses on empowering individuals and small business owners facing IRS challenges. With over 30 years of experience, Lance Drury offers strategic solutions and expert guidance to regain control over tax issues. Tune in for valuable insights and practical advice to navigate complex tax situations effectively.
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16min
May 08, 2026 How Long Can the IRS Collect Back Taxes? (IRS Collection Time Limits Explained)
Episode Summary:
Attorney Lance Drury delves into the intricate details of IRS collection timelines, emphasizing the crucial importance of timing in resolving tax debts. From the nuances of the 10-year collection rule to strategic considerations for payment plans and offers, this episode offers invaluable insights for navigating IRS challenges effectively.
Key Timestamps:
00:00 – Introduction
01:30 – IRS Collection Timeframe Overview
04:15 – Factors Pausing the Collection Clock
07:20 – Strategies Around Payment Plans and Offers
10:05 – Real-Life Case Impact of Collection Timelines
About the Show:
*Resilience and Resolve* is a podcast series dedicated to empowering individuals and small business owners in managing IRS-related challenges. Attorney Lance Drury provides expert guidance and practical solutions for those navigating tax debt issues with the IRS.
...more
16min

FAQs about Resilience and Resolve with Lance Drury:

How many episodes does Resilience and Resolve with Lance Drury have?

The podcast currently has 65 episodes available.