S Washington Enterprise

02/20/2026

Any In Debt with the IRS from a Previous Tax Year?

Let’s get that return amended today.
If errors, missed deductions, or incorrect income were reported, you may be eligible to file an amended return using Form 1040X and correct the issue properly.

✅ Small upfront fee
✅ No backend charges
✅ Professional review of prior-year return
✅ Resolve long-standing IRS debt the right way

Don’t let a past mistake turn into a lifetime burden. Let’s work toward correcting your return and putting you back on track.

Message me today to get started. in debt

02/06/2026

Happy Friday! 🎉
IRS transcripts are beginning to update. Clients can now check their IRS Account Transcript to view the most current status of their tax return and refund.

They can access their transcript by creating or logging into their IRS online account here:
👉 https://www.irs.gov/individuals/get-transcript

Once logged in, select Account Transcript for the correct tax year. This will show processing updates, refund dates, or any additional actions needed.

Provides information about how to access your transcripts/tax records online or by mail.

02/04/2026

•Children don’t guarantee a refund
•Children don’t guarantee a refund
•Children don’t guarantee a refund 🤦🏽‍♀️🤦🏽‍♀️🤦🏽‍♀️
( IF U HAVE NOTHING U CANT GET NOTHING )
If your over the tax bracket went exempt etc your refund amount is your refund amount ☹️ please stop asking your preparer can you get more or why they charging you so much ...

Good morning ☀️ WELCOME TO TAX SEASON....

01/28/2026

🚨 STUDENT LOAN FORGIVENESS CHECKLIST (Save this!)🚨
If you have federal student loans, you may qualify for forgiveness—but ONLY if you’re in the right program + the right repayment plan.

✅ STEP 1: Confirm your loan type
Log into StudentAid.gov and check: Direct / FFEL / Perkins / Parent PLUS.

✅ STEP 2: Pick the right forgiveness path
🔹 PSLF (Public Service) = government or nonprofit workers + 120 qualifying payments
🔹 IDR Forgiveness = remaining balance forgiven after 20–25 years (depending on plan)
🔹 Teacher Loan Forgiveness = 5 years at an eligible school (up to $17,500 for some teachers)
🔹 TPD Discharge = possible full discharge if totally & permanently disabled

✅ STEP 3: Make sure you’re on the RIGHT repayment plan
Most forgiveness paths require an income-driven repayment plan (IDR). If you’re on the wrong plan, your payments may not count.

✅ STEP 4: Submit the right forms + keep records
Save confirmations, payment counts, and every letter/message from your servicer.

⚠️ Disclaimer: Education only. Results depend on eligibility and program rules. No guarantees.

01/22/2026

🎉 Congratulations to our client on receiving a $7,000 cash advance!
This approval was made directly by the bank, showing what’s possible when your return is prepared correctly and submitted the right way.

At S. Washington Enterprise, we focus on accuracy, strategy, and maximizing opportunities available to our clients. This is just one example of how preparation and proper filing can open doors to early funding.

💰 You could be next! If you’re ready to file, explore refund advance options, and work with a team that gets results, contact us today and let’s get started.

01/21/2026

🚨 Parents — Have Y’all Heard About the $1,000 Trump Account?

Here is a clear breakdown 👇🏽

The Trump Account is a new type of IRA created for children and designed for long-term savings and investing. The government plans to make a one-time $1,000 contribution for eligible children born between 2025 and 2028.

Accounts are expected to be available in 2026, and contributions can’t be made before July 4, 2026.

Who’s eligible:
✅ The child must be a U.S. citizen with a valid Social Security number
✅ The child must be under age 18 when the account is opened & born between 2025-2028.

How it’s opened:
✅ Parents or legal guardians can open the account using IRS Form 4547
✅ Use the government online portal expected to be available by Summer 2026

📌 Bottom line:
• You will NOT receive an extra $1,000 when you file
• The child won’t have access until adulthood
• This money is meant to sit and grow over time
• This is about long-term planning for your children’s future, not quick refund.

01/13/2026

🚨 EARNED INCOME CREDIT (EIC) QUICK FACTS 🚨

EIC is for people who WORKED and earned income. It is not automatic.

✅ You may qualify if you:

• Had earned income (W-2 or self-employed)
• Stayed under IRS income limits (varies by filing status & kids)
• Have a valid SSN
• Meet filing status rules
• Meet dependent rules if claiming children
• Have limited investment income

⚠️ More income does NOT mean more credit.
EIC phases in and phases out.

👶🏽 If claiming children:

• Child must meet age, relationship, and residency tests
• Schedule EIC is required

❌ Common reasons EIC gets reduced or denied:

• Income doesn’t match IRS records
• Self-employment income not supported by records
• Child doesn’t meet residency rules
• Investment income too high

⚠️ EIC is one of the most audited credits.
If the facts don’t line up, the IRS will adjust it.

💡EIC rewards earned income at lower levels not guesses, not estimates, not “because you have kids.”

01/12/2026

Attention everyone🌹

The IRS will officially open for the tax year on January 26, 2026. We encourage you to prepare your documents in advance to ensure a smooth and efficient processing of your tax returns.

For more information, please visit the IRS website at [www.irs.gov](https://www.irs.gov).

Let’s make this tax season as seamless as possible!

01/12/2026

🚨 CHILD TAX CREDIT (CTC) STOP ASSUMING IT MEANS A BIG REFUND 🚨

Having kids does NOT automatically mean thousands back. Let’s clear it up ⬇️

✅ WHEN CTC HELPS

✔️ Child is under 17
✔️ Child has a valid SSN
✔️ Child meets IRS dependent rules
✔️ Child lived with you more than half the year
✔️ Income is under:
• $200K (Single / HOH)
• $400K (Married Filing Jointly)

CTC mainly reduces taxes you owe.

❌ WHEN CTC DOES NOT INCREASE A REFUND

❌ If you already owe $0, the regular CTC doesn’t create extra money
❌ If income is too high, the credit phases out
❌ If the child does not meet IRS rules, the credit is removed

💡 WHY REFUNDS DIFFER

CTC has two parts:
• Non-refundable → lowers taxes
• Refundable portion → limited and tied to earned income

Same kids. Same year. Different refunds.

⚠️ REALITY CHECK
CTC is a tax credit, not a bonus check.
Income, withholding, and filing status matter.

01/09/2026

💎TAX TALK: KNOW YOUR SCHEDULES!

Everybody’s tax situation ain’t the same and that’s why the IRS uses different schedules depending on what you got going on

Schedule A – Itemized deductions (mortgage, donations, medical bills).
Schedule B – Interest or dividend income (bank or stocks).
Schedule C – Business or self-employed income (my fave).
Schedule D – Capital gains/losses (stocks, crypto, property).
Schedule E – Rental income or partnerships.

Each one tells a piece of your money story, so make sure you’re filing the right ones and getting everything you deserve!

01/09/2026

💎 TAX GEM: CLAIMING ADULT DEPENDENTS IS NOT AUTOMATIC

Just because someone lives with you does NOT mean you can claim them 👀

✨ You MAY be able to claim an adult if:
✔️ You paid over 50% of their support
✔️ Their taxable income is below IRS limits
✔️ They lived with you all year (unless they’re your parent)
✔️ No one else is claiming them

💸 What you get:
✔️ Up to $500 Credit for Other Dependents

🚫 What you don’t get:
❌ Child Tax Credit
❌ Earned Income Credit for that adult

📌 Adults = smaller credit, stricter rules.

💾 Save this misinformation costs money ♟️💰