The NC General Assembly authorized remote notarization, remote witnessing, and execution of health care directives without witnesses during the state of emergency (COVID 19 public health emergency). The legislation allows for: 1) remote video notarization, 2) remote video witnessing, 3) execution of health care powers of attorney with… Read More
IRS Data Book – Official Publication of IRS Activities
The IRS recently published its 2019 IRS Data Book, which summarizes tax filings, revenue collections, taxpayer services, enforcement activities and agency operations generally. The IRS added new key information to the annual publication and addressed the agency’s response to COVID-19. See your tax dollars at work! 2019 Data… Read More
“Land Rich, Money Poor”
OIC Quick Sale Value in a COVID-19 World I am sorry Sir, the IRS rejected your Offer in Compromise (OIC) because you are “Land Rich, Money Poor”. The colloquialism describes a taxpayer with little or no disposable income but who owns real property with ample equity. This type… Read More