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.

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.

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.

Episode Summary:

Key Timestamps:

About the Show:

Episode Summary:

Attorney Lance Drury sheds light on what happens when an IRS payment plan defaults and how taxpayers can rectify the situation before it escalates. From the implications of defaulting to practical steps for recovery, Lance provides valuable insights for individuals navigating tax payment challenges.

Key Timestamps:

00:00 – Introduction

01:30 – Consequences of IRS Payment Plan Default

04:15 – Common Causes of Payment Plan Failures

07:20 – Addressing IRS Administrative Challenges

09:45 – Rapid Actions by the IRS Post-Default

12:10 – Success Stories of Resolving Defaulted Plans

15:40 – Immediate Steps for Taxpayers Post-Default

18:00 – Proactive Strategies to Prevent Future Defaults

About the Show:

*Resilience and Resolve* is a podcast series dedicated to providing expert guidance on tax-related challenges, offering practical solutions and insights to empower listeners in navigating complex tax issues successfully.

Episode Summary:

Lance Drury discusses the challenges of working with difficult clients in tax resolution cases, emphasizing the need to manage expectations and maintain clear communication. From setting boundaries to navigating unrealistic client demands, Lance shares insights on client interactions in high-stress financial situations.

Key Timestamps:

00:00 – Introduction

01:30 – Pressure Points with IRS Disputes

03:45 – Managing Unrealistic Client Expectations

05:20 – Importance of Regular Client Communication

07:10 – Challenges with Lower-Paying Cases

09:05 – Setting Boundaries Early on

11:15 – Delaying Resolutions for Better Client Outcomes

13:40 – Putting Everything in Writing for Documentation

15:50 – Practical Steps for Regaining Control of a Case

About the Show:

*Resilience and Resolve* is a podcast hosted by Lance Drury, focusing on navigating high-stress tax resolution cases and providing insights into handling difficult clients effectively.

Episode Summary:

Discover what happens when the IRS freezes a bank account and the steps individuals can take when facing this financial emergency. Learn about the differences between IRS and state levies, the timeline for levy actions, and the importance of proactive communication with the IRS to resolve financial issues swiftly.

Key Timestamps:

00:00 – Introduction

01:14 – Definition of IRS Bank Levy

02:45 – State vs. IRS Levy Differences

04:20 – Notice and Sequence of IRS Letters

06:10 – Control Over Frozen Account

07:45 – Temporary Nature of Bank Levy

09:30 – Immediate Steps After Account Freeze

11:05 – Preventing Levy Escalation

12:40 – Information Gathering Post-Freeze

14:20 – Success Story Resolving Bank Levies

16:30 – Avoiding Bank Freeze: Important Steps

About the Show:

*Resilience and Resolve* is your go-to resource for navigating IRS issues and financial challenges. Led by experienced professionals, the show aims to empower individuals facing tax-related difficulties with actionable strategies and expert insights to regain financial stability.

Episode Summary:

Attorney Lance Drury delves into the intricate world of wage garnishment by the IRS, shedding light on how it impacts individuals and the steps they can take to halt it. From the implications of wage garnishment to the crucial importance of timely action, this episode offers essential insights for anyone facing this financial challenge.

Key Timestamps:

00:00 – Introduction

01:30 – Definition of wage garnishment

03:15 – Triggers for IRS wage garnishment

05:45 – Severity of wage garnishment

07:20 – Consequences of ignoring IRS notifications

09:05 – Real-life impact of wage garnishment

11:40 – Options to reduce the wage garnishment amount

13:55 – Importance of hiring a tax professional

15:30 – Effect of communication with the IRS

17:10 – Benefits of an installment agreement

18:45 – Preventive measures to avoid wage garnishment

About the Show:

*Resilience and Resolve* is a podcast series dedicated to providing invaluable insights and strategies for navigating legal and financial challenges. Join Attorney Lance Drury as he shares expert advice and solutions to empower individuals facing tax-related issues and more.

Episode Summary:

In this episode, Lance Drury shares insights on how attorneys can effectively manage their time without burning out. Drawing from his experience as a public defender and now a successful attorney managing multiple offices, Lance emphasizes the importance of prioritizing tasks, focusing on revenue-generating activities, and leveraging technology like artificial intelligence to streamline processes.

Key Timestamps:

- 00:00 – Introduction

- 03:45 – Challenges faced in early career stages

- 07:20 – Differentiating between busyness and productivity

- 09:55 – Importance of prioritizing revenue officer cases

- 14:30 – Dealing with interruptions while maintaining workflow

- 18:10 – The significance of taking breaks and rest for improved productivity

- 22:40 – Starting points for overwhelmed attorneys to regain control of their schedules

About the Show:

Episode Summary:

In this episode of *Resilience and Resolve*, Lance Drury shares valuable insights on the power of referral networks in growing a legal practice. From leveraging relationships with professionals to fostering trust, Lance provides practical strategies for attracting consistent referrals and expanding your client base.

Key Timestamps:

00:00 – Introduction

01:30 – Early referral sources and building trust

03:45 – Importance of relationships with business professionals

06:20 – Creating a productive referral network

08:10 – Identifying strong referral partners

10:05 – Nurturing referral relationships over time

12:15 – Approaching referral conversations authentically

14:30 – Advice for young attorneys on building referral networks

16:40 – The significance of marketing and delivering exceptional service

About the Show:

*Resilience and Resolve* with Lance Drury explores the strategies and principles that lawyers can implement to enhance their practice and achieve long-term success. Join Lance Drury as he delves into topics such as legal marketing, client relationships, and professional growth to help attorneys thrive in a competitive industry.