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Man is a creature of never ending activity. It roams around from one place to another in search of things that satisfy his needs and curiosity. To this end it exerts verve and vigor just to accomplish what it set out to accomplish. Today it all the seemingly endless activity is geared towards making legal tender and where there is money there is government watching to collect levy. Once a person is remiss in paying what is due to the government go to IRS tax debt forgiveness AZ.
The modern world is always abuzz with people making transactions. Farmer sell crops to traders, truckers haul the crops to warehouses and miller. Everyday students go to school to attend classes. Employees of big corporation rush to the offices to avoid being late. Workers scramble into factories to operate the machines of production.
Special areas are designate for houses. This parcel of land is developed by realtors that pay for the lot and erect dwellings on them. Not just one or two houses, but hundreds. This group of domiciles from a subdivision or a village and more groupings constitute a city. This is known as the residential zone.
Manufacturing plants are located in this lot, as are storage and trucking facilities. Blue collared workers are the force that drives equipment and machinery that churn out finished products for customers. The products are delivered to destination near and far. This place is a hive of warm bodies doing work and getting paid to do it.
Procuring items in a shopping mall is what modern people describe as shopping. People fill malls every day to shop or just to loiter around and look at things. Government buildings abound in the lot as do police stations, apartments and sports centers. Commerce makes this city hum. Exchanges of items and cash happen in this district daily.
In modern society all transactions are kept on record. This is in compliance to government regulations as these are all subject to taxation. Levies are the source of government funding and are spent for infrastructure and services in service of the population. Any income earned by an individual or a business entity is shared to the government.
The science of keeping financial records is named Accounting. In itself it has many branches that include cost accounting and taxation. As the term implies, it is a way of keeping track of all transaction that a person or a company makes. It always involves monetary values not only in cash but also in property.
Contemporary living is a life of transactions and money is always the medium by which it is made. Economic activity is spurred by exchange of bank notes and goods or services and the end goal is always for profit. But that is not all. Real estate properties also generate income in the form of assessed value. All these are subject to levy.
Land or real estate property is assessed in terms of monetary value which includes all the structures in it like buildings, machineries, water holes, fences and its use. This is the only property that increases in value as time passes. All others depreciate. Government keeps track of Land properties by way of land titles that kept by the register of deeds.
The modern world is always abuzz with people making transactions. Farmer sell crops to traders, truckers haul the crops to warehouses and miller. Everyday students go to school to attend classes. Employees of big corporation rush to the offices to avoid being late. Workers scramble into factories to operate the machines of production.
Special areas are designate for houses. This parcel of land is developed by realtors that pay for the lot and erect dwellings on them. Not just one or two houses, but hundreds. This group of domiciles from a subdivision or a village and more groupings constitute a city. This is known as the residential zone.
Manufacturing plants are located in this lot, as are storage and trucking facilities. Blue collared workers are the force that drives equipment and machinery that churn out finished products for customers. The products are delivered to destination near and far. This place is a hive of warm bodies doing work and getting paid to do it.
Procuring items in a shopping mall is what modern people describe as shopping. People fill malls every day to shop or just to loiter around and look at things. Government buildings abound in the lot as do police stations, apartments and sports centers. Commerce makes this city hum. Exchanges of items and cash happen in this district daily.
In modern society all transactions are kept on record. This is in compliance to government regulations as these are all subject to taxation. Levies are the source of government funding and are spent for infrastructure and services in service of the population. Any income earned by an individual or a business entity is shared to the government.
The science of keeping financial records is named Accounting. In itself it has many branches that include cost accounting and taxation. As the term implies, it is a way of keeping track of all transaction that a person or a company makes. It always involves monetary values not only in cash but also in property.
Contemporary living is a life of transactions and money is always the medium by which it is made. Economic activity is spurred by exchange of bank notes and goods or services and the end goal is always for profit. But that is not all. Real estate properties also generate income in the form of assessed value. All these are subject to levy.
Land or real estate property is assessed in terms of monetary value which includes all the structures in it like buildings, machineries, water holes, fences and its use. This is the only property that increases in value as time passes. All others depreciate. Government keeps track of Land properties by way of land titles that kept by the register of deeds.
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