Resilience and Resolve with Lance Drury: Understanding the Basics of Tax Resolution
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 their own returns. He also explains th...
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 exact steps to get back on track and s...
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 rights, and attorney–client privileg...
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 accountant can save you from costly p...
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 will prepare you.
What You Will Le...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 can take to protect their right to ...
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 individuals and business owners must take to ...
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 revenue officers, the types of cases ...
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 levies lead to actual seizure of in...
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 facing tax challenges.
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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 essential guidance for taxpayers navigat...
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 blower-triggered audits, Lance reveals...
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 stories of clients whose gambling hab...
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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, and why hiring an experienced tax ...
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 crucial advice on avoiding scammers who ...
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 understand your rights, this conversatio...
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-life stories, including a case where a...
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 strategies for staying compliant, ...
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 the IRS.
Lance also sheds light on ...
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 why property equity, income levels...
Two Guys (Bowen Yang and Matt Rogers). Five Rings (you know, from the Olympics logo). One essential podcast for the 2026 Milan-Cortina Winter Olympics. Bowen Yang (SNL, Wicked) and Matt Rogers (Palm Royale, No Good Deed) of Las Culturistas are back for a second season of Two Guys, Five Rings, a collaboration with NBC Sports and iHeartRadio. In this 15-episode event, Bowen and Matt discuss the top storylines, obsess over Italian culture, and find out what really goes on in the Olympic Village.
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