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Video instructions and help with filling out and completing Which Form 4797 Finance

Instructions and Help about Which Form 4797 Finance

So, um, anyways, here's what a system of taxes that is voluntary compliance. Pretty much everybody hates paying taxes, but we all do it anyway because we know that we need a country infrastructure like roads, bridges, firemen, and police officers. That's what all the taxes go to pay for. It depends on your situation if you're a very simple tax situation, like you're a single taxpayer and you have no deductions, you may not need to have someone to help you with that. However, if you have a lot of deductions and some of your deductions because some things are deductible and some things aren't, you may need somebody to help you go through all that. If you're self-employed and you own your own business, then it's a good idea to have somebody help you. It depends, like I said, it depends on your situation. If you're just a regular employee and you're single, then you can do the 1040ez and it's very simple. And if you don't make any mistakes on that, if you report, "Here's my income, here's the tax I paid, this is what I owe you or you owe me," period. There's not a lot to that, so it's hard to make a mistake on that one. But then, if you're talking about the 1040, which is what we're going to go over today, there are a lot of different things that can and can't be deducted. And if you're self-employed and you own your own business, there are certain laws about how much of your house can be deducted as a business expense. So, when you're talking about things like that, then yeah, it's a good idea to have somebody do it for you because you don't want to do it wrong and then be penalized...