September 19th, 2014 → 2:24 pm @ Lance R. Drury // No Comments
Most business owners would be thrilled if they could classify all workers as independent contractors. It would make their bottom line look much better. The savings in payroll taxes and benefits can be very tempting. No one is immune to trying to get away with misclassifying workers. Both, small businesses and large corporations, attempt to reap the rewards.
If you are looking into the distinctions between classifying workers as employees or independent contractors, proceed with caution. An incorrect classification could result in having as many as six government agencies coming after your business for back taxes, back salary, fines and benefits.
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September 18th, 2014 → 3:09 pm @ Lance R. Drury // No Comments
St Genevieve, MO, September 18, 2014:Tax resolution attorney Lance Drury, founder of the Law Firm of Lance R. Drury, and best selling author of “Successonomics” posted a new blog on the LANCE DRURY LAW website entitled “Are You Inviting IRS Troubles by Misclassifying Employees as Independent Contractors?” Businesses are always looking for tax loopholes and ways to legally avoid paying taxes. Classifying employees as independent contractors is tempting and may work temporarily, but the IRS is always looking for employers trying to evade taxes this way.
Lance Drury says, “The IRS does not like to lose money. So when they see workers designated as independent contractors, it is like an open invitation to initiate an audit.” He continues advising employers, “Be very careful before deciding who is and who is not an independent contractor.
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September 17th, 2014 → 3:38 pm @ Lance R. Drury // No Comments
Don’t do it. This happens to be one of the most common mistakes many business owners make today. In an attempt to get away with not paying payroll taxes they intentionally misclassify certain people who do work for their businesses as independent contractors. Be very careful before deciding who is and who is not an independent contractor. It could cost you tens of thousands of dollars or more in heavy penalties, fines and back taxes owed to the IRS. The IRS does not like to lose money. So when they see independent contractors, it is like an open invitation to initiate an audit.
September 5th, 2014 → 7:50 pm @ Lance R. Drury // No Comments
We’ve all heard that, “Denial is a river in Egypt!” When it comes to denying the fact that you’ve received a Final Notice of Intent to Levy from the IRS, you might wish you were on a river in Egypt. We all know denial doesn’t work. However some people just insist on continuing to try it.
Be deadline driven when you receive a Final Notice of Intent to Levy
Think of the IRS Final Notice of Intent to Levy as the last invitation to the ball. Think of it as your last chance to breathe freely. Think of it as your last opportunity to step up to the plate and “man up.” Think of it in any way that will make you take action.
August 13th, 2014 → 3:21 pm @ Lance R. Drury // No Comments
Respond in 30 Days or Suffer the Consequences
Receiving a Final Notice of Intent to Levy from the IRS is one of the most unnerving pieces of mail anyone can get. It is the last in a string of notices that, if left unattended, gives the government the legal right to put liens on your property and seize your personal assets. From the time it is issued, you have 30 days to respond. Do not make the mistake of setting it aside. Open all correspondence from the IRS immediately.
If you have not yet hired an attorney, it would be in your very best interest to hire one now.
July 28th, 2014 → 3:11 pm @ Lance R. Drury // No Comments
Tax resolution attorney Lance Drury, founder of the Law Firm of Lance R. Drury, and best selling author of “Protect and Defend”says that once an agreement is made with the IRS, if it is broken even the best tax attorney can’t help.
St Genevieve, MO, July 28, 2014 – Tax resolution attorney Lance Drury, founder of the Law Firm of Lance R. Drury, and best selling author of “Protect and Defend” posted a new blog on the LANCE DRURY LAW website entitled “Before hiring a tax resolution attorney –Can you vow to be compliant from this moment forward?
July 24th, 2014 → 8:32 pm @ Lance R. Drury // No Comments
Before you decide to hire any tax resolution attorney to help you with your IRS challenges, there is one very important fact you’ll want to remember. From the moment you enter into an arrangement made by the attorney with the IRS, you will expected to be compliant from that moment forward.
From this moment forward…
What does compliance mean? It means that you must
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July 23rd, 2014 → 7:06 pm @ Lance R. Drury // No Comments
Lance Drury, of Lance Drury Law, teamed with several leading experts from around the world to release the book, “SuccessOnomics,” which became an amazon best-seller earlier this year.
St Genevieve, MO – July 23, 2014 – Lance Drury, of Lance Drury Law, joined a select group of the world’s leading experts from a variety of industries to co-write the forthcoming book titled, SuccessOnomics. Drury’s chapter, titled “The Seeds Of My Success” touches on the foundations of success he learned from prominent role models in his life.
SuccessOnomics: Learn The Secrets Of Success In The New Economy From Today’s Leading Entrepreneurs and Professionals features an inspiring collection of stories that discuss today’s leading strategies, tactics and stories to help people thrive in today’s economy.
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July 17th, 2014 → 7:02 pm @ Lance R. Drury // No Comments
St Genevieve, MO – July 17, 2014 – Tax resolution attorney Lance Drury, founder of the Law Firm of Lance R. Drury, and best selling author of “Success in the New Economy” posted a new blog on the LANCE DRURY LAW website entitled What you don’t say to the IRS could be your saving grace.Drury writes, “Being at odds with the IRS is one of the things in life everyone goes to great lengths to avoid. Unfortunately it happens – and far more frequently than the average person might expect.” According to Drury, you should always think “never” when dealing with the IRS.
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July 9th, 2014 → 3:54 pm @ Lance R. Drury // No Comments
You’ve run into trouble with the taxman. After doing your research and finding someone to work with, you’ve decided to hire a tax resolution attorney to help you get through this challenging time. That is the smartest thing you can do. But, please, don’t stop now. Even though you do not have to deal directly with the IRS, you still have work to do. Even the best tax resolution attorney cannot help if you do not provide the appropriate paperwork on time.
Patience is a virtue the IRS requires of everyone, especially when they owe you money. However, when it comes to owing them, they do not have any patience whatsoever.
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