Class life is the number of years over which an asset can be depreciated. The tax law has defined a specificclass life for each type of asset. Real Property is 39 year property, office furniture is 7 year property andautos and trucks are 5 year property.
Hanford is an important commercial and cultural center in the south central San Joaquin Valley and is the county seat of Kings County, California. It is the principal city of the Hanford-Corcoran, California Metropolitan Statistical Area (MSA Code 25260), which encompasses all of Kings County, including the cities of Hanford and Corcoran. The ZIP Code is 93230 (93232 for post office boxes).
Blog note: this article references a 2016 grand jury report. A group of Hanford residents has filed recall papers against Hanford City Council Member Francisco Ramirez. The group has 90 days from May 19 to collect 800 signatures in district D. Ramirez was elected in November of 2014. Hanford resident Skip Athey served Ramirez recall papers before the city council meeting started on May 16.