February 19th, 2015 → 7:21 pm @ Lance R. Drury // No Comments
This story is music to my ears! Earlier this month, the IRS apologized for seizing the bank accounts of innocent, law-abiding citizens. Not only did they say, “I’m sorry”, they also said they were going to change their ways. That’s a first.
The Associated Press published the article which stated, “Pressured by Congress, the IRS said Wednesday it is changing its policies and apologizing for seizing banks accounts from otherwise law-abiding business owners simply because they structured bank transactions to avoid federal reporting requirements.”
(www.finance.yahoo.com/news/irs-apologizes-seizing-bank-accounts-172627143.html)
The interesting thing about the above statement is that the IRS, while apologizing, is also alleging that the business owners whose accounts were seized were actually guilty of structuring their bank deposits in order to avoid paying taxes.
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February 12th, 2015 → 9:38 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 “Successonomics” writes about the burden imposed on do-it-yourself tax filers who have been used to the robust IRS customer service programs that no longer exist.
St Genevieve, MO, February 9, 2015: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 “Budget Cuts at The IRS Spell Disaster for Many Taxpayers” just when Americans thought tax season couldn’t get any more stressful!
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February 11th, 2015 → 6:52 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 “Successonomics” elaborates on the ending of a program that started with good intentions and turned into an evil force corrupting law enforcement at local, state and federal levels.
St Genevieve, MO, February 9, 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 “The Time Has Come to Bring Civil Asset Forfeiture Program to an End.” Few issues in Washington unite people these days, with one exception: The Civil Asset Forfeiture Program.
February 11th, 2015 → 6:40 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 “Successonomics” issues warnings that can help prevent becoming a victim of the tax fraud scams that are popping up coast to coast.
St Genevieve, MO, February 9, 2015: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 “Don’t Be a Victim. IRS Tax Frauds are Out To Scam-a-Lot in 2015.” Forewarned is forearmed and according to Mr. Drury every tax payer needs to be aware of the massive scale tax scams already at an all time high.
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February 11th, 2015 → 5:16 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 “Successonomics” talks about the first win against the IRS for targeting innocent U.S. citizens in its civil asset forfeiture program.
St Genevieve, MO, February 4, 2015: 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 “A Reversal of Fortune for The IRS Civil Asset Forfeiture Program.” Providing hope for anyone who has ever been or may be the target of this program, Drury cites a milestone case saying, “The case has sparked political action.
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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 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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March 21st, 2014 → 12:00 pm @ danielle // No Comments
Did you know that you have the power as an individual taxpayer to appeal almost any decision made by the IRS? In fact, you can appeal audit findings, penalties and interest, rejected offers-in-compromise, liens, seizures, garnishments and other collection actions.
According to the IRS, “Appeals is not for you if:
– Your only concern is that you cannot afford to pay the amount you owe.
– The correspondence you received from the IRS was a bill and there was no mention of Appeals.”
So in these two instances, an appeal would be a premature action to take. If you are concerned that you cannot afford the pay the tax you owe, there are channels to go through before you would begin the appeal process.
October 26th, 2013 → 6:44 pm @ danielle // No Comments
It’s possible that a taxpayer could make settlement pro-posals to the IRS and “plead their case” that they could not otherwise pay the debt by mak-ing an “Offer-in-Compromise”.
In a position paper dated May 27, 2005, the American Associa-tion of Attorney-Certified Public Accounts revealed that “(Offers-In-Compromise) acceptance rate has dropped from 39.8% to 22.9% from 2001 to 2004, while the number of accepted offers declined from 38,643 to 19,546, a decline of over 50% in just three years.” A blockade put up by the IRS like on November 1, 2003, the IRS began charging a $150 processing fee for most Offer-In-Compromise proposals.
October 18th, 2013 → 6:40 pm @ danielle // No Comments
Let’s say you’re married and you file a “married filing jointly” re-turn, to take advantage of the unique tax benefits offered by this particular filing status. You have a regular “day job” where your employer takes out your taxes every pay-check and gives you a W-2 at the end of the year. The two of you decide to take a weekend just to sort through all of the paperwork and get a grip on the tax situation with his business.
After muddling through the rec-ords as best you can, and de-ducting expenses, you determine that he owes taxes on $48,500 of taxable income.
