Resilience and Resolve with Lance Drury

Episode Summary: In this episode of Resilience and Resolve, Lance Drury shares what law school never prepared him for — running a law firm like a business. Drawing from decades of experience, he discusses how to market effectively, build the right team, and think like an entrepreneur. Lance also offers insight into his firm’s national expansion, the importance of financial management, and why ever...

Episode Summary: In this episode of Resilience and Resolve, Lance Drury shares his journey from criminal defense to becoming one of the leading tax resolution practitioners in the country. He explains how focusing on one area of law—tax resolution—helped him grow a thriving multi-location practice and serve clients more effectively. Lance also discusses the evolution of his business mindset, the i...

Episode Summary: Attorney Lance Drury explains the common mistakes self-employed individuals make with estimated taxes—and how to avoid them. From commission-based income to quarterly tax rules, he breaks down how late or missed payments can spiral into IRS debt and penalties. He also shares practical steps to stay compliant, protect income, and avoid long-term tax trouble. Key Timestamps: 00:00:...

Episode Summary In this episode of Resilience and Resolve, Lance Drury, breaks down what every small business owner needs to know about the Trust Fund Recovery Penalty (TFRP) — and how to protect personal assets when payroll taxes go unpaid. Lance explains who can be held personally liable, how the IRS identifies responsible parties, and why business owners should never handle these cases alone. H...

Episode Summary In this episode of Resilience and Resolve, Lance Drury, a seasoned tax attorney based in Missouri, explains what happens when the IRS files a Substitute for Return (SFR) on your behalf — and why ignoring it can lead to serious financial consequences. Lance shares how SFRs are created, why the numbers are often inaccurate, and how taxpayers can correct or override them by filing the...

Episode Summary: In this episode, Lance breaks down what to do when you’re already behind on your taxes and feel buried by IRS debt. Instead of focusing on theory or prevention, he explains how to create a real plan for recovery — even if you owe money or haven’t filed in years. From becoming compliant to avoiding the most common mistakes self-employed individuals make, Lance walks through the exa...

Episode Summary In this episode of Resilience and Resolve, Lance Drury breaks down one of the most common tax questions small business owners and individuals face — when to hire a CPA and when to seek a tax attorney. He explains the key differences between CPAs, tax preparers, and attorneys, and why the wrong choice could cost you more than money. Lance also shares why experience, representation r...

Episode Summary In this episode, Lance Drury discusses how small bookkeeping mistakes can quickly turn into serious tax problems for business owners. He explains the most common errors he sees, how to avoid red flags that trigger audits, and the right way to separate personal and business finances. Lance also shares what to do if your records are disorganized and how working with a professional ac...

Episode Summary In this episode, Lance Drury explains what to do if the IRS shows up at your home or business. He breaks down why direct contact with revenue officers can be so intimidating, the common mistakes taxpayers make when speaking to the IRS, and how to protect yourself from scams and liability. If you’ve ever wondered what rights you have during an unexpected IRS visit, this conversation...

Episode Summary In this episode of Resilience and Resolve, tax attorney Lance Drury explains how unpaid tax debt can put your passport at risk. With decades of experience defending individuals and business owners against the IRS, Lance breaks down what qualifies as “seriously delinquent tax debt,” how the IRS works with the State Department to restrict passports, and the practical steps taxpayers...

Episode Summary In this episode of Resilience and Resolve, tax attorney Lance Drury discusses the serious risks of ignoring the IRS. From liens and levies to passport restrictions and mounting penalties, he explains why silence can make matters much worse. Drawing on over 20 years of experience defending taxpayers, Drury shares practical insights, common mistakes, and the critical steps individual...

Episode Summary An IRS revenue officer is one of the most intimidating figures a taxpayer can face. In this episode of Resilience and Resolve, tax attorney Lance Drury explains who IRS revenue officers are, when they get assigned to a case, and how taxpayers should respond when one comes calling. Lance Drury breaks down the difference between dealing with automated IRS collection systems versus re...

Episode Summary In this episode of Resilience and Resolve, tax attorney Lance Drury breaks down one of the most common areas of confusion among taxpayers—understanding the difference between an IRS lien and an IRS levy. While these two terms are often used interchangeably, they carry very different legal and financial consequences. Attorney Drury explains how liens affect property and credit, how...

Episode Summary Attorney Lance Drury examines the high cost of missing IRS filing deadlines, detailing the failure-to-file and failure-to-pay penalties, interest rates, and potential IRS enforcement actions. The episode provides practical strategies for timely tax compliance, avoiding penalties, and addressing unfiled returns, offering essential guidance for individuals and small business owners f...

Episode Summary Tax attorney Lance Drury examines IRS relief options that temporarily pause collection actions, including six-month payment agreements, collection due process hearings, and equivalency hearings. The episode covers eligibility requirements, application processes, financial hardship considerations, and the risks of relying on temporary relief without a long-term plan, providing essen...

Episode Summary In this episode of Resilience and Resolve, tax attorney Lance Drury breaks down the costly risks of misclassifying employees as independent contractors. He explains the key legal differences between employees and contractors, why the IRS focuses heavily on worker classification, and the financial consequences of getting it wrong. From back payroll taxes and penalties to whistle blo...

Episode Summary: In this insightful episode of Resilience and Resolve, tax attorney Lance Drury about the tax consequences of gambling, whether at casinos, online betting platforms, or even cryptocurrency-based wagers. Lance explains how the IRS treats gambling winnings and losses, why the agency frowns upon gamblers, and the severe consequences of not reporting income. He also shares real-life st...

Episode Summary: In this informative episode of Resilience and Resolve, tax attorney Lance Drury discusses the complexities of amending tax returns. Lance explains the most common reasons taxpayers need to file amended returns, the strict timelines for claiming refunds, and how the process works amid IRS delays. He also highlights key red flags that trigger audits, the importance of documentation,...

Episode Summary: In this eye-opening episode of Resilience and Resolve, tax attorney Lance Drury talks about the growing threat of IRS scams. They uncover the most common schemes, including fake settlement letters, threatening phone calls, and identity theft tactics used to steal personal information. Lance shares real-life examples of victims, explains what the IRS will never do, and offers cruci...

Episode Summary In this episode of Resilience and Resolve, tax attorney Lance Drury explains how IRS bank levies work, the differences between levies, liens, and garnishments, and what steps taxpayers can take to stop or reverse a levy. Lance also reveals strategic ways to delay IRS collections, protect assets, and avoid financial hardship. Whether you’re facing IRS actions or simply want to under...

Episode Summary In this episode of Resilience and Resolve, tax attorney Lance Drury breaks down the hidden dangers of IRS interest and penalties that can turn a manageable tax bill into a financial nightmare. He explains the difference between failure-to-file and failure-to-pay penalties, how fast they accumulate, and why even small mistakes can lead to massive tax debt. Lance also shares real-lif...

Episode Summary In this episode of Resilience and Resolve, tax attorney Lance Drury uncovers why so many self-employed individuals and independent professionals fall into the IRS trap. From missed quarterly estimated tax payments to poorly documented expenses, Lance explains the most common mistakes freelancers and business owners make—and how to avoid snowballing tax problems. He shares practical...

Episode Summary In this episode of Resilience and Resolve, tax attorney Lance Drury explains the ins and outs of the IRS audit process, from what triggers an audit to the different types of audits taxpayers may face. He discusses common mistakes business owners make that increase audit risks, why proper documentation is critical, and the importance of professional representation when dealing with...

Episode Summary In this episode of Resilience and Resolve, tax attorney Lance Drury breaks down the truth about Offers in Compromise (OIC)—a tax relief program often marketed as a way to settle IRS debt for “pennies on the dollar.” Lance explains who really qualifies, how the IRS calculates eligibility, and the potential pitfalls of filing an OIC without proper guidance. He also shares insights on...

Episode Summary In this episode of Resilience and Resolve, tax attorney Lance Drury talks about the realities of IRS tax liens, how they differ from levies, and their impact on property, credit, and financial decisions. Lance explains the legal process of filing a lien, how it attaches to your property, and what steps taxpayers can take to protect their rights. He also clarifies common misconcepti...