Resilience and Resolve with Lance Drury

Understanding IRS Tax Liens: How They Affect Your Property and Finances

Episode Summary
In this episode of Resilience and Resolve, tax attorney Lance Drury talks about the realities of IRS tax liens, how they differ from levies, and their impact on property, credit, and financial decisions. Lance explains the legal process of filing a lien, how it attaches to your property, and what steps taxpayers can take to protect their rights. He also clarifies common misconceptions about liens, discusses their expiration timeline, and shares strategies for dealing with liens when selling or refinancing a home.
If you’re facing a tax lien or worried about how it could affect your assets, this episode offers essential insights and practical advice.
Key Timestamps
00:26 – What exactly is an IRS tax lien, and how does it differ from a levy?01:12 – Where and how the IRS files a lien and why it attaches only to property in the county of filing01:56 – When liens should be released and how title companies complicate the process02:33 – Why title companies sometimes require liens to be satisfied even when they don’t attach03:29 – How liens affect your ability to refinance or sell property04:57 – Do tax liens impact credit scores or borrowing options?05:48 – What triggers the IRS to file a lien and when it’s likely to happen06:53 – How and when liens can be withdrawn or subordinated07:39 – What property liens actually attach to and how the IRS prioritizes collections08:44 – Do liens expire on their own, and how long do they last?09:47 – Advice for homeowners with tax liens considering selling their property10:40 – Common misconceptions about IRS tax liens and how they actually work12:10 – Why taxpayers now have to do more work to secure lien releases
About the Show:
“Resilience and Resolve with Lance Drury” provides practical legal insights into IRS matters, tax law, and financial defense strategies. Each episode explores timely and complex tax issues with real-world examples and expert analysis from Lance Drury and his experienced legal team.
Learn more at LanceDruryLaw.com
Contact Lance Drury’s office for professional tax resolution assistance

Tax Liens – What They Mean, and How to Deal With Them

In this episode, attorney Lance Drury unpacks the complexities surrounding IRS tax liens. He breaks down what liens are, how they differ from levies, how they affect your property and finances, and the options available to taxpayers. Lance also discusses common misconceptions, how liens can impact real estate transactions and credit, and the role of title companies in lien resolution. It’s an essential guide for anyone facing tax debt and wondering what comes next.
Key Timestamps:
00:01 – Welcome and show introduction00:31 – What is a tax lien vs. a tax levy?01:57 – How liens are filed and what property they attach to02:21 – Challenges with title companies and lien releases03:34 – How liens impact refinancing and selling your home04:59 – Do liens affect credit scores and business dealings?05:54 – What triggers the IRS to file a lien06:59 – How to remove or withdraw a lien08:03 – What property a lien attaches to, and what the IRS won’t pursue08:49 – Do liens expire? Understanding the collection statute09:52 – Advice for homeowners with tax liens11:03 – Common misconceptions about liens12:37 – Why taxpayers now have to do more to resolve liens13:09 – Final thoughts and call to action
About the Show:
Resilience and Resolve with Lance Drury is a legal podcast designed to help individuals and business owners understand their rights and options when dealing with the IRS. Hosted by legal expert Lance Drury, each episode provides practical insight into tax law, debt resolution, and protecting your financial future.

Payroll Tax Debt – When the IRS Comes After Business Owners Personally

Episode Summary:In this episode, tax attorney Lance Drury dives into one of the most dangerous financial pitfalls for business owners: payroll tax liability. They explore why the IRS treats these cases with such severity, what the trust fund recovery penalty means for personal financial exposure, and how small business owners can protect themselves from devastating consequences.
Key Timestamps:00:01 – Show Introduction01:20 – Why payroll tax debt is an IRS enforcement priority03:40 – Personal liability for trust fund taxes06:00 – Avoiding the trust fund interview and protecting others08:15 – Common scenarios that lead businesses into payroll tax trouble10:50 – The risks of relying solely on payroll service providers13:05 – Real case example: Ownership vs. operational responsibility15:20 – What makes someone a “responsible person” in IRS terms18:10 – How to protect your business and personal assets if falling behind20:30 – Shared liability among officers and business partners22:25 – Key misconceptions and final advice from Lance Drury
About the Show:“Resilience and Resolve” brings legal and financial insights to entrepreneurs and small business owners. Featuring seasoned attorney Lance Drury, the show helps listeners navigate the tough realities of tax law, IRS disputes, and protecting what matters most in business.

IRS Notices Explained – What to Do (and Not Do) When the Mail Arrives?

Episode Summary:
In this episode, veteran tax attorney Lance Drury explains those dreaded IRS notices. He unpacks the differences between CP14 and LT11 letters, shares real-world tax horror stories, and offers crucial tips on how to avoid wage garnishments, bank levies, and costly mistakes. Lance emphasizes the urgency of timely legal action, the importance of professional help, and common pitfalls taxpayers fall into when trying to handle the IRS alone.
 
Key Timestamps:
00:01 – Introduction to IRS notices and why they matter
01:45 – CP14 vs. LT11: What these notices actually mean
04:22 – How appeal rights protect taxpayers and stop levies
07:36 – The IRS mistake rate and why taxpayers need legal help
10:20 – Tax season trends and what prompts people to finally call a lawyer
13:17 – A real case: $1.2M tax bill and a $300K levy due to delay
16:05 – Key rules when hiring tax professionals
18:40 – Timeline of IRS enforcement and how it varies
21:02 – Collection Due Process (CDP) vs. Equivalency Hearings
23:25 – Why calling the IRS yourself might do more harm than good
26:10 – IRS tactics: Are misleading notices intentional?
28:42 – When resolved tax years suddenly resurface
30:11 – The right time to contact a tax attorney
 
About the Show:
Resilience and Resolve with Lance Drury is a podcast dedicated to helping individuals and business owners face IRS challenges head-on. Veteran tax attorney Lance Drury delivers powerful stories, clear legal strategies, and practical advice for navigating the tax system with confidence in each episode.

Divorce & IRS Debt: What You Don’t Know Can Hurt

Episode Summary:
In this eye-opening episode, tax attorney Lance Drury unpacks the complex relationship between IRS tax liabilities and divorce proceedings. From misconceptions about liability division to the nuances of Innocent Spouse Relief and the limitations of divorce agreements, this episode provides essential guidance for anyone navigating a separation with outstanding tax debt. Lance also shares powerful real-life examples, explains why the IRS isn’t bound by divorce court rulings, and offers key advice to protect your financial future.
Key Timestamps:
00:01 – Show Introduction01:42 – How IRS debt is treated in divorce court04:10 – Shared liability after divorce and real-life case study07:20 – Innocent Spouse Relief explained and when it applies11:06 – IRS responsibility in jointly filed returns12:58 – Role of timing in IRS collection and statute of limitations17:25 – Insights on IRS staffing, delays, and taxpayer frustration22:15 – Legal team structure and importance of skilled attorneys25:18 – Why divorce agreements can’t override IRS enforcement28:00 – Best advice for divorcing individuals with IRS debt
About the Show:
“Resilience and Resolve with Lance Drury” provides practical legal insights into IRS matters, tax law, and financial defense strategies. Each episode explores timely and complex tax issues with real-world examples and expert analysis from Lance Drury and his experienced legal team.

Breaking Free from IRS Penalties: Understanding Penalty Abatement

Episode Summary
In this episode of Resilience and Resolve, host Kevin Rosenquist and tax attorney Lance Drury take a deep dive into the world of IRS penalties—and more importantly, how to get relief from them. From first-time penalty abatement to the complex process of proving reasonable cause, Lance explains what taxpayers need to know if they’ve fallen behind and are facing costly penalties. He also shares real-world examples, insider tips, and the critical importance of proper documentation and legal guidance.
If you’re navigating tax debt or penalties—or want to avoid them—this episode provides valuable, actionable insight.
Timestamps
00:00 – Welcome Introduction to Resilience and Resolve with Lance Drury
00:26 – What Is IRS Penalty Abatement? Understanding the two types: First-Time Abatement and Reasonable Cause
02:51 – First-Time Penalty Abatement Requirements Eligibility and limitations for first-time relief
04:34 – Reasonable Cause Abatement Examples of qualifying circumstances (illness, death, bad advice, etc.)
06:38 – The Penalty Abatement Process How long it takes and the forms involved (Form 843, Tax Account Analysis)
09:39 – Required Documentation Medical records and formal proof for reasonable cause claims
10:30 – Appealing a Denial Your rights and what to expect from the IRS appeal process
12:27 – IRS Staffing Challenges Why the IRS is overwhelmed and what that means for taxpayers
13:29 – Inside Track: How Lance’s Firm Helps Using special software and legal expertise to cut through red tape
14:31 – Reasonable Cause Approval Rate Lance’s insight on success rates and false promises in the industry
15:05 – Why You Shouldn’t Go It Alone The dangers of self-representation and IRS communication
16:27 – IRS and State Agencies Bypassing Power of Attorney How notices are handled and the need for professional monitoring
17:17 – Final Advice Why hiring a professional makes all the difference
About the Show
Resilience and Resolve with Lance Drury breaks down the complex world of tax law into clear, practical guidance for individuals and businesses. Hosted by Kevin Rosenquist and featuring renowned tax attorney Lance Drury, each episode delivers essential insight into IRS dealings, tax resolutions, and the importance of legal strategy. Whether you're in tax trouble or want to stay out of it, this podcast gives you the tools to take control.

nnocent Spouse Relief: A Lifeline for Unfair Tax Burdens

Episode Summary
In this episode of Resilience and Resolve, attorney Lance Drury joins host Kevin Rosenquist to unpack the complexities of innocent spouse relief—a provision that can protect one spouse from tax liabilities incurred by the other. Lance shares real-life examples, breaks down eligibility requirements, and offers insight into the IRS’s review process, including how long it takes and why documentation is critical. If you're facing an unjust tax situation due to your spouse or ex-spouse's actions, this episode is a must-listen.
Timestamps
00:00 – Welcome to Resilience and Resolve 00:29 – What is innocent spouse relief? 01:46 – Real case example involving $100K liability 01:54 – Can married couples apply or just divorced ones? 03:22 – What qualifies someone for innocent spouse relief? 04:03 – Is it difficult to prove eligibility? 04:34 – How innocent spouse relief protects assets 05:14 – Steps to take if you believe you qualify 05:38 – IRS processing times and bureaucratic delays 08:36 – The state of the IRS and resource challenges 09:09 – What happens after the form is submitted 10:15 – Alternatives if the claim is denied 10:51 – Is there gray area in qualification? 11:30 – Importance of documentation in tax cases 13:15 – How involvement in a business affects eligibility 13:52 – Can the other spouse contest the relief request? 14:40 – IRS review process: documentation vs. hearsay 16:00 – IRS national standards and proving expenses 17:22 – Record-keeping in the digital age 17:42 – Lance’s old-school approach to documentation
About the Show
Resilience and Resolve with Lance Drury delivers expert legal insights on tax issues, IRS disputes, and financial resilience. Hosted by Kevin Rosenquist, each episode features candid discussions with attorney Lance Drury about navigating the murky waters of tax law and staying financially secure in a complicated world.

Penalty Abatement Relief or Red Tape

Episode Summary:
Tax attorney Lance Drury breaks down IRS penalties, abatement processes, and navigating complex tax resolution strategies. Learn about failure to file vs. failure to pay penalties, requirements for first-time penalty abatement, and what constitutes "reasonable cause" for penalty relief.
 
Key Timestamps:
00:31 - Types of IRS penalties and calculation methods
02:24 - Understanding "reasonable cause" for penalty abatement
04:08 - Explanation of penalty abatement process
04:54 - Documentation requirements for reasonable cause claims
05:28 - Appeals process for denied abatement requests
09:03 - Current IRS challenges and processing delays
12:17 - Timing and qualification for penalty abatement
 
About The Show:
“Resilience and Resolve” with Lance Drury delivers expert insights on tax resolution, IRS negotiations, and practical solutions for tax-related challenges. With offices across Missouri, Illinois, Kentucky, Tennessee, and Texas, Lance Drury provides comprehensive tax resolution services backed by over 20 years of experience.

Currently Not Collectible Status - Temporary Relief or Hidden Trap?

Episode Summary:
Lance Drury explores the complexities of Currently Not Collectible (CNC) status with the IRS. This episode breaks down who qualifies, the application process, and potential pitfalls taxpayers should consider. Lance shares insights on how CNC status affects penalties, interest, and tax liens, while discussing recent changes in IRS practices regarding CNC status removal.
 
Key Timestamps:
00:00 - Introduction
01:15 - Defining CNC Status vs Other IRS Resolution Options
03:05 - Qualification Requirements for CNC Status
04:20 - Long-term vs Short-term Solutions
05:56 - Hidden Risks and Downsides
09:46 - Impact on Interest and Penalties
11:21 - IRS Liens During CNC Status
14:41 - Strategic Approach to CNC Status
 
About The Show:
"Resilience and Resolve” with Lance Drury provides taxpayers with essential tools and knowledge to navigate IRS challenges. Each episode delivers practical insights and professional guidance for those facing tax-related difficulties.

Offer in Compromise vs. Installment Agreements: What Taxpayers Need to Understand

Episode Summary:
Lance Drury breaks down the critical differences between IRS Offer in Compromise and Installment Agreements. Learn how these tax resolution options work, their eligibility requirements, and which solution might be best for your situation. Discover insider tips on navigating tax debt and avoiding common pitfalls in the process.
 
Key Timestamps:
00:05 - Introduction and episode overview
00:36 - Detailed explanation of Offer in Compromise
03:25 - Eligibility requirements for both options
04:37 - How to choose between the two options
06:09 - Common misconceptions about "pennies on the dollar" promises
07:33 - Success rates and professional assistance
08:45 - Hidden risks of installment agreements
10:19 - Combining resolution strategies
11:20 - Professional advice and real-world examples
 
About Resilience and Resolve:
A professional tax resolution podcast featuring Lance Drury, delivering expert insights on navigating complex IRS situations. The show provides practical solutions and strategic advice for taxpayers facing tax challenges.