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ATTACHMENT # 1 CONTRACT FOR BUILDING DEMOLITION AND SITE CLEARANCE SERVICESCity of Guthrie City Hall, 101 N 2nd St, Guthrie, Oklahoma 73044This Contract made thisday of, 2021 by and between the City
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01
Gather all relevant financial documents and data about your revenues.
02
Identify and categorize each source of revenue (e.g., sales, services, investments).
03
For each source, determine the purpose of the revenue generation.
04
Fill in the details in the 7-140 form, ensuring clarity and accuracy in each purpose.
05
Review the filled form for completeness and correctness.
06
Submit the completed 7-140 purposes of revenues form to the appropriate authority.

Who needs 7-140 purposes of revenues?

01
Businesses seeking financing or investments.
02
Non-profit organizations detailing their funding sources.
03
Government agencies requiring revenue accountability.
04
Auditors verifying income sources for assessment.
05
Individuals or accountants preparing tax-related documents.

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The 7-140 form is used to specify the purposes for which revenues are collected and recorded by a taxpayer, helping to provide transparency in financial reporting.
Taxpayers who collect revenues as part of their business activities or are required by regulatory agencies to disclose their revenue purposes are required to file the 7-140 form.
To fill out the 7-140 form, taxpayers must provide details about the types of revenues collected, the purposes of those revenues, and any relevant financial information as instructed on the form.
The purpose of the 7-140 form is to ensure accurate accounting of revenue purposes and promote compliance with tax regulations.
The 7-140 form requires reporting of revenue sources, the intended use of the collected revenues, and any other pertinent financial details specified by the tax authority.
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