Soil Water Movement Water movement in soil is from a zone of relatively high to low water potential. Movement may occur by saturated or unsaturated liquid flow or in the vapor phase. Total water potential under saturated conditions may include gravitational and pressure components.
Whether the taxpayer is insolvent is a vital consideration in determining if debt forgiveness results in income to the taxpayer. However, the code, IRS, and the courts have not provided an adequate definition of the term, and there is confusion as to what assets and liabilities are to be included in its determination.
Personal Insolvency. Personal Insolvency Options. Whichever solution you choose to resolve your personal insolvency issues should always be based on the full facts on all the available options. We will lay out all the options to you clearly and concisely and we can answer all you questions.