How an Offer in Compromise with the IRS works

May 21st, 2020 → 6:46 pm @ // No Comments

You had probably never heard of an Offer in Compromise, or OIC, with the Internal Revenue Service until you got behind on your federal taxes. Now, with a tax debt looming over your head and the IRS threatening collection actions that could cripple you financially, you’re desperately seeking some kind of relief. Could an Offer in Compromise work? OICs are…

Blog &IRS

How an Offer in Compromise with the IRS works

May 21st, 2020 → 6:46 pm @ // No Comments

You had probably never heard of an Offer in Compromise, or OIC, with the Internal Revenue Service until you got behind on your federal taxes. Now, with a tax debt looming over your head and the IRS threatening collection actions that could cripple you financially, you’re desperately seeking some kind of relief. Could an Offer in Compromise work? OICs are…

Blog &IRS

IRS posts new announcement about tax filing deadlines

March 26th, 2020 → 5:00 am @ // No Comments

The information disseminated by governmental agencies tends to change rapidly and sometimes daily. Right now, few things are certain, and many people are just trying to keep up, including many here in Missouri. What everyone knows is that the annual ritual of submitting income tax returns to the IRS is still on the lists of many people. The question now…

Blog &IRS

IRS posts new announcement about tax filing deadlines

March 26th, 2020 → 5:00 am @ // No Comments

The information disseminated by governmental agencies tends to change rapidly and sometimes daily. Right now, few things are certain, and many people are just trying to keep up, including many here in Missouri. What everyone knows is that the annual ritual of submitting income tax returns to the IRS is still on the lists of many people. The question now…

Blog &IRS

IRS posts new announcement about tax filing deadlines

March 26th, 2020 → 5:00 am @ // No Comments

The information disseminated by governmental agencies tends to change rapidly and sometimes daily. Right now, few things are certain, and many people are just trying to keep up, including many here in Missouri. What everyone knows is that the annual ritual of submitting income tax returns to the IRS is still on the lists of many people. The question now…

Blog &IRS

Taxpayers can once again take advantage of certain tax breaks

March 11th, 2020 → 5:00 am @ // No Comments

Most Missouri residents will take the opportunity to save money wherever they can, and this usually includes doing what they can to avoid sending a big check to the IRS each year. For this reason, some taxpayers may be glad to hear that they can once again take advantage of some tax breaks that had disappeared prior to the new tax laws.…

Blog &IRS

Taxpayers can once again take advantage of certain tax breaks

March 11th, 2020 → 5:00 am @ // No Comments

Most Missouri residents will take the opportunity to save money wherever they can, and this usually includes doing what they can to avoid sending a big check to the IRS each year. For this reason, some taxpayers may be glad to hear that they can once again take advantage of some tax breaks that had disappeared prior to the new tax laws.…

Blog &IRS

The standard deduction will be hard to overcome

January 30th, 2020 → 6:00 am @ // No Comments

Like others across the country, St. Louis residents work to figure out how to save the most money possible on their taxes every year. Before the recent changes in the tax law, this meant looking for as many deductions as possible. However, after the recent changes, getting those deductions over the standard deduction could prove problematic for many people. For the…

Blog &IRS

Tax Resolution Expert, Attorney Lance Drury Offers Tax Tips for Anyone Tying the Knot this Summer.

July 15th, 2015 → 3:05 pm @ // No Comments

Tax resolution attorney Lance Drury, founder of the Law Firm of Lance R. Drury, and best selling author of “Successonomics”, provides a list of basic tax related matters that every couple would be wise to address and take care of to make their financial and tax transition from single to married status go smoothly.

St Genevieve, MO, July 13, 2015:Tax resolution attorney Lance Drury, founder of the Law Firm of Lance R. Drury, and best selling author of “Successonomics” posted a new article on the LANCE DRURY LAW website entitled “Saying “I Do” To Married Filing Jointly.” Acknowledging that couples can choose whether to file singly or jointly, Drury recommend selecting the one that “results in the lower tax liability.”

Drury writes, “Starting the journey of marriage on the right foot applies to the tax and financial considerations as well as all the other personal levels.

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Saying “I Do” To Married Filing Jointly.

July 13th, 2015 → 2:37 pm @ // No Comments

From beginning to end, summer is the most popular time for weddings. Couples everywhere tie the knot and merge their financial lives and make the most of the tax advantages that come with the designation of “married filing jointly.” You actually have the choice of filing separately or jointly. It is worth determining which way results in the lower tax liability.

Starting the journey of marriage on the right foot applies to the tax and financial considerations as well as all the other personal levels. So, whether it is you who are tying the knot, or someone you know, the following considerations can help to make the transition to married life much easier especially at tax time.

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