2015 Taxes to 2025 Taxes

Year-End Tax Moves to Make Before December 31

Steve Black — Sun, 25 Oct 2026 15:23:44 +0000

The tax year ends on December 31 whether you are ready or not. Most of what determines your 2026 tax bill locks in that night at midnight, and the moves that still matter are the ones you make in the weeks before it. None of this is exotic. It is a short list of boring checks, and every one of them comes straight from IRS guidance. Here is the list, with the numbers the IRS set for 2026. Do them in order and April stops being a surprise. None of it takes more than an hour or two total.

Check Your Withholding While It Can Still Change Things

Start with the part that decides whether April feels good or awful.

If you owed money last April or got a refund big enough to feel like an interest-free loan to the government, your W-4 is off. The IRS has a free … Read 2015 Taxes

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Standard Deduction or Itemize? How to Decide Using the IRS Rules

Steve Black — Sun, 18 Oct 2026 15:22:52 +0000

Every year the same question comes up at filing time. Take the standard deduction, or itemize? Most people never think hard about it, and that’s usually fine. But if you paid a lot of mortgage interest, gave a lot to charity or had big medical bills, it’s worth a few minutes. Here’s how the choice works, using what the IRS says on its own pages.

First, what a deduction does

A deduction lowers your taxable income. That’s different from a credit, which comes off the tax itself. The IRS puts it plainly in Topic 501: individuals can generally take a standard deduction or itemize their deductions. You pick one. You don’t get both.

The standard deduction

The standard deduction is a flat amount. It depends on your filing status: single, married filing separately, married filing jointly, head of household, or qualifying surviving spouse. People who are 65 or older, and … Read 2015 Taxes

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IRS Tax Transcripts Explained: Which One You Need and How to Get It

Steve Black — Sun, 11 Oct 2026 15:20:34 +0000

If you have ever applied for a mortgage, been audited, or had trouble getting a financial aid form to match your return, someone has probably asked you for a tax transcript. Many people confuse a transcript with a copy of their return. They are different documents, and the IRS offers several types. This guide explains what each one shows, which one fits which job, and the ways to get them. All details come from the IRS pages linked at the end.

A transcript is not a photocopy of your return

The IRS is clear on this point. A transcript is a summary of information on file, not a photocopy of what you submitted. If you need an actual copy of your original return, you have to submit Form 4506, Request for Copy of Tax Return, and the form lists the processing time and fee. Transcripts, on the other hand, are … Read 2015 Taxes

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How to Set Up an IRS Payment Plan When You Can’t Pay in Full

Steve Black — Sun, 04 Oct 2026 15:21:14 +0000

Owing the IRS more than you can pay right now is stressful, but it’s also common, and the IRS has a process for it. If you can’t pay your full balance by the deadline, you may be able to spread it out over time with a payment plan, also called an installment agreement. This article walks through the basics of how those plans work, what to know before you apply, and where to find the official details.

File on time, even if you can’t pay

This is the first thing to get straight. According to the IRS, there’s a penalty for failing to file a return and a separate one for failing to pay what you owe. If you can’t pay in full by the original due date, the unpaid balance is subject to interest and a monthly late payment penalty. The IRS says it’s in your best interest to … Read 2015 Taxes

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The Wild World of Crypto Taxes: What’s Going On in 2025

Steve Black — Tue, 27 May 2025 14:45:53 +0000

Cryptocurrencies, NFTs, and all those fancy blockchain tokens are shaking up how we think about money—and the taxman wants a piece of the action. In 2025, taxing digital assets is a hot mess of new rules, grumpy accountants, and a lot of head-scratching. Let’s dive into what’s happening with digital asset taxation in the U.S., from the IRS’s latest moves to the headaches taxpayers are facing, and what it all means for the crypto crowd.

digital asset taxation

The IRS’s New Crypto Squad

The IRS is getting serious about cryptocurrencies with its shiny new Digital Asset Tax Force, rolled out in early 2025. Their mission? Make sure nobody’s dodging taxes on their Bitcoin or Ethereum trades. The IRS thinks billions in taxes are slipping through the cracks because people aren’t reporting their crypto deals. Some estimates say up to half of all crypto transactions go unreported—yikes!

This Tax Force … Read 2015 Taxes

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IRS Tax Tips: Rebuilding Your Records After a Natural Disaster

Steve Black — Mon, 21 Oct 2024 16:18:59 +0000

Natural disasters can be devastating, both emotionally and financially. One of the most immediate challenges is often the loss of important documents, including tax records. Fortunately, the IRS offers valuable tips to help you Rebuilding Your Records After a Natural Disaster and navigate the tax implications of a disaster.

Rebuilding Your Records After a Natural Disaster

Understanding the Importance of Tax Records

Your tax records are essential for various reasons, including:

Filing future tax returns: Without these records, you may face difficulties in accurately reporting your income and deductions.
Recover losses: If you suffered damage to your property, you may be able to claim a deduction on your taxes.
Obtain insurance benefits: This includes presenting evidence of your losses to your insurer.
Get financial assistance: Another thing to notice is that it’s possible to gain assistance through other means, such as loans, if you can prove your financial hardship.

Gathering

… Read 2015 Taxes

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Embracing a Digital Revolution: IRS Takes Bold Strides Towards Paperless Tax Processing

Steve Black — Sun, 13 Aug 2023 01:23:54 +0000

In an era defined by technological leaps, the Internal Revenue Service (IRS) is orchestrating a monumental shift, bidding adieu to the era of paperwork-laden tax processes. With a firm embrace of paperless tax processing, the IRS is steering into the fast lane of efficiency and user convenience, ushering in a new era for taxpayers nationwide.

The days of grappling with unwieldy paper forms and the slow crawl of snail-mail submissions are now relegated to history. Armed with cutting-edge technology and digital infrastructure, taxpayers can now seamlessly complete their tax filings online, trading laborious efforts for streamlined efficacy.

This paradigm shift isn’t just a boon for taxpayers; it’s a catalyst for heightened accuracy and speed in tax processing. Human errors, often linked to manual data entry, are minimized, and the peril of lost documentation is drastically reduced, bolstering the security of sensitive taxpayer information.

As the IRS fervently … Read 2015 Taxes

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Free H&R Block Tax Calculator – Get Your Refund Now!

Steve Black — Mon, 30 Jan 2023 21:27:12 +0000

Get your maximum tax refund with the Free H&R Block Tax Calculator. Use the easy-to-navigate estimator to quickly receive your potential refund in minutes.

Calculating your taxes has never been easier with H&R Block’s free tax calculator. This easy-to-use estimator quickly determines your maximum potential refund in minutes, providing you with peace of mind and helping to maximize your return.

Free H&R Block Tax Calculator

Input your Taxes Easily.

With H&R Block’s free tax calculator, you don’t need a ton of experience with taxes or filing to get your maximum potential refund. Just input the details of your filings into the calculator, including income, credits and deductions, and let H&R Block do the rest. In no time, you will know exactly how much money you can expect back in return.

Monitor Your Refund Status.

After completing all of your required tax filing information, H&R Block’s free tax calculator will … Read 2015 Taxes

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IRS Refund Status – Where Can I See the Status of My IRS Refund?

Steve Black — Wed, 21 Dec 2022 02:52:23 +0000

Get an instant status update on your tax refund or request a paper copy from the IRS. The IRS Refund Status page is one way for taxpayers and tax payers to keep track of their refunds as they are processed by the Internal Revenue Service (IRS).

The Internal Revenue Service (IRS) has made changes to its online services that will affect taxpayers filing for refunds.

The IRS is an agency that handles the tax year for the United States. They provide a variety of online services to taxpayers and tax payers. The IRS Refund Status section on their website provides information on the status of your tax refund.

The Tax Refund Status page is a part of the IRS Online Services website which allows you to check your refund status in real time. You can also find out if there has been any change in your refund status and when … Read 2015 Taxes

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6 Cheapest States To Live For 2022

Steve Black — Wed, 23 Nov 2022 03:00:05 +0000

Find out where you can live cheaply in the United States with our list of the 6 cheapest states to live for 2022.

Cheapest States To Live For 2022

The cost of living varies widely across the United States. Some areas are expensive, while others are cheap. This page shows how much money you need to earn to afford housing, food, transportation, healthcare, and other necessities.

Arizona

Arizona has been ranked as one of the top ten places to retire by Money Magazine. It also ranks high in terms of cost of living. According to the Bureau of Labor Statistics, the average annual salary in Arizona was $43,000 in 2017. That’s lower than the national average of $45,000.

Colorado

Colorado was ranked No. 1 on the list because of its low cost of living, high quality of life, and relatively safe environment. It also has one of the lowest … Read 2015 Taxes

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