February 20th, 2020 → 6:00 am @ The Law Office of Lance R. Drury // No Comments
Many would say that the earned income tax credit is one of the most beneficial and confusing credits in the U.S. Tax Code. Each year, a number of people who would otherwise qualify for this credit pass it by, even though it could save them a significant amount on their tax bill or provide them with a refund. Part of…
February 20th, 2020 → 6:00 am @ The Law Office of Lance R. Drury // No Comments
While many people tend to focus on their federal income tax returns, many people will also need to pay attention to their state income taxes as well since Missouri is not one of the nine states that do not have income tax. It may not surprise you that there are some misconceptions regarding state income taxes out there, especially since…
February 20th, 2020 → 6:00 am @ The Law Office of Lance R. Drury // No Comments
Many would say that the earned income tax credit is one of the most beneficial and confusing credits in the U.S. Tax Code. Each year, a number of people who would otherwise qualify for this credit pass it by, even though it could save them a significant amount on their tax bill or provide them with a refund. Part of…
February 13th, 2020 → 6:00 am @ sachin.dwivedi@thomsonreuters.com // No Comments
The IRS often conducts investigations into individuals it believes have been less than honest with the agency. When taxpayers fail to file tax returns for a number of years, it tends to draw attention. This may be the primary reason why a Missouri man now faces charges, including obstructing the administration of tax laws and tax evasion. According to the…
February 13th, 2020 → 6:00 am @ sachin.dwivedi@thomsonreuters.com // No Comments
The IRS often conducts investigations into individuals it believes have been less than honest with the agency. When taxpayers fail to file tax returns for a number of years, it tends to draw attention. This may be the primary reason why a Missouri man now faces charges, including obstructing the administration of tax laws and tax evasion. According to the…
January 31st, 2020 → 6:00 am @ The Law Office of Lance R. Drury // No Comments
The IRS officially opened its doors for the 2019 tax season on Jan. 27. Like others here in Missouri, you may be gathering your documents and dreading figuring out whether you will have to pay or will get a refund this year. It’s kind of like playing roulette since you never quite know how your taxes will turn out, especially…
January 31st, 2020 → 6:00 am @ The Law Office of Lance R. Drury // No Comments
The IRS officially opened its doors for the 2019 tax season on Jan. 27. Like others here in Missouri, you may be gathering your documents and dreading figuring out whether you will have to pay or will get a refund this year. It’s kind of like playing roulette since you never quite know how your taxes will turn out, especially…
January 30th, 2020 → 6:00 am @ The Law Office of Lance R. Drury // 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…
July 15th, 2015 → 3:05 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”, 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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July 13th, 2015 → 2:37 pm @ Lance R. Drury // 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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