Sapphire Tax & Financial Services

10/05/2026

10/04/2026

Let’s get ready!!

09/14/2026

Happy birthday to our owner, CEO!!

03/16/2026

🚨TAX DEADLINES YOU NEED TO KNOW FOR 2026 🚨
Tax season is not over just because you filed… there are multiple deadlines people forget every year 👀💰

Here’s a quick breakdown so nobody says they didn’t know ⬇️

📌 April 15, 2026
✅ Last day to file your personal tax return (1040)
✅ Last day to file an extension (Form 4868)
⚠️ Extension gives you more time to FILE… NOT more time to PAY

📌 October 15, 2026
✅ Deadline if you filed an extension

📌 Estimated Taxes Due (Self-employed / 1099 / business owners)
💰 April 15
💰 June 15
💰 September 15
💰 January 15

📌 Business Returns Deadlines
📊 March 16 – S-Corp & Partnerships due
📊 April 15 – C-Corp due
📊 September 15 – Extended S-Corp / Partnership due
📊 October 15 – Extended C-Corp due

⚠️ Missing deadlines = penalties + interest
⚠️ Extension does NOT stop penalties if you owe
⚠️ Self-employed must pay quarterly

Taxes is not just filing one time a year… it’s year-round. 📑🔥

If you need help staying compliant this season, talk to a professional BEFORE the deadline hits.

02/24/2026

𝐓𝐚𝐱 𝐭𝐢𝐩 𝐓𝐮𝐞𝐬𝐝𝐚𝐲 𝐰𝐢𝐭𝐡 𝐒𝐀𝐏𝐏𝐇𝐈𝐑𝐄 𝐓𝐀𝐗 & 𝐅𝐈𝐍𝐀𝐍𝐂𝐈𝐀𝐋 𝐒𝐄𝐑𝐕𝐈𝐂𝐄𝐒.....

The IRS REVIEWING. REVERSING. OFFSETTING. TRANSFERRING.

If you checked Where’s My Refund or your transcripts and it says:
• Refund applied to an IRS debt
• Refund applied to a non-IRS debt
• Refund offset
• Contact the Bureau of the Fiscal Service - 800-304-3107
• Your refund was reduced

This is NOT a glitch.

This means your money was intercepted before it ever hit your account.

And let’s talk about WHY this is happening because some of y’all still think refunds just disappear for no reason.

Here are a few REAL reasons I’ve personally seen:

🏦Unemployment overpayments

If you collected unemployment and your state says you were overpaid or there was fraud involved, they WILL take it back. Automatically.

💳Fraudulent credits

The IRS is going back and reversing:
• COVID credits
• Sick & Family Leave credits
• Earned Income Credit
• Child Tax Credit / ACTC
• Education credits
• Inflated withholdings
• Fake Schedule C businesses
• Medical and dental expenses that make zero sense for your income
• Excessive Charitable Contributions
• Dividend Income
• Social Security Administration

If something was claimed and doesn’t align with your income history, prior returns, or documentation, they are catching it.

🇺🇸State debts
👶🏽Back child support
🏫Student loans
🏦State tax debt
🚦Traffic fines in some states
👩🏽‍⚖️Government agency collections
📞Debt collectors through Treasury 💵Offset Program

Yes, federal agencies can grab it.

If your transcript shows codes like:

846 refund issued
898 refund applied to debt
971 notice issued
570 additional account action

🗣️🗣️And before y’all start spiraling,
This does NOT mean your tax preparer stole your money. This does NOT mean the IRS just “felt like it.” This does NOT mean the system glitched.
It means there was a liability somewhere.

If 𝐖𝐡𝐞𝐫𝐞'𝐬 𝐌𝐲 𝐑𝐞𝐟𝐮𝐧𝐝 or your online account shows an offset, contact Bureau of the Fiscal Service, ( 800-304-3107 ) that’s who handles federal offsets. They can tell you exactly who took it and for how much.

If you’re a taxpayer reading this:

🛑Stop chasing the biggest refund.

🛑Start chasing compliance.

🛑Stop letting clients bully you into filing nonsense just to keep them happy.
That “big refund” energy don’t feel so good when it gets reversed.

Check your transcripts. Read your notices. Answer your letters. Call the Bureau of Fiscal Service if it says to.

02/21/2026

‼️ FEDERAL UPDATE!l ‼️

A significant number of individuals received an update today with a scheduled date of 03/09, indicating that deposits should be received by 02/23. We advise checking your accounts from today through Monday, as this update applies exclusively to banks with no holds, including Cash App and Chime, or banks that release funds early.

02/19/2026

As you’re checking your refund status, these codes may help you understand what you see!!

🗣️🗣️𝐍𝐎𝐓𝐄: 𝐂𝐑𝐄𝐀𝐓𝐈𝐍𝐆 𝐀𝐍 𝐎𝐍𝐋𝐈𝐍𝐄 𝐀𝐂𝐂𝐎𝐔𝐍𝐓 𝐖𝐈𝐓𝐇 𝐈𝐑𝐒 𝐖𝐈𝐋𝐋 𝐒𝐇𝐎𝐖 𝐌𝐎𝐑𝐄 𝐔𝐏 𝐓𝐎 𝐃𝐀𝐓𝐄 𝐓𝐇𝐀𝐍 "𝐖𝐇𝐄𝐑𝐄 𝐈𝐒 𝐌𝐘 𝐑𝐄𝐅𝐔𝐍𝐃" 𝐒𝐈𝐓𝐄....

🚨🚨🚨IRS TRANSCRIPT CODES — WHAT THEY MEAN 🚨🚨🚨

😭826 – PART OF YOUR TAX REFUND WAS USED TO PAY A DEBT
Your refund was reduced to cover things like student loans, child support, state taxes, etc.

🤑846 – YOUR REFUND WAS APPROVED
This is the money code. Your refund is approved and on the way.

😭570 – YOUR REFUND IS ON HOLD
The IRS paused your refund. Usually means they need to review something or verify info.

😝971 – AMENDED RETURN OR CLAIM FORWARDED FOR PROCESSING
An amendment or claim was received and is being worked on.

😒977 – AMENDED RETURN FILED
Your amended return (1040X) has officially been filed and logged in their system.

🥲810 – REFUND FROZEN
The IRS froze your refund due to an issue — identity, review, or mismatch.

😤811 – REVERSE OF 810 FREEZE
The freeze has been lifted and processing can continue.

😕091 – REVOCATION ON BEING TAXED AS A SMALL BUSINESS
IRS changed or removed your small business tax classification.

😤177 – ABATEMENT OF ESTIMATED TAX PENALTY
Your penalty was reduced or removed.

🤓768 – EARNED INCOME CREDIT
This shows how much Earned Income Credit you qualified for.

😰424 – RETURN REFERRED TO EXAMINATION (AUDIT REVIEW)
Your return was flagged for examination or review before release.

🤭425 – REVERSAL OF 424
The audit/exam flag was removed.

02/13/2026

Tax tip!

Any paperwork that you get that has ‘tax documents’, please give them to your tax preparer!!

Y’all be keeping paperwork then when you get audited, you want to blame your tax preparer….. that’s not fair!!!

Give them ALL paperwork and allow them to tell you that you don’t have file it……

02/06/2026

🚨🚨🚨IRS TRANSCRIPT CODES — WHAT THEY MEAN 🚨🚨🚨
😭826 – PART OF YOUR TAX REFUND WAS USED TO PAY A DEBT
Your refund was reduced to cover things like student loans, child support, state taxes, etc.

🤑846 – YOUR REFUND WAS APPROVED
This is the money code. Your refund is approved and on the way.

😭570 – YOUR REFUND IS ON HOLD
The IRS paused your refund. Usually means they need to review something or verify info.

😝971 – AMENDED RETURN OR CLAIM FORWARDED FOR PROCESSING
An amendment or claim was received and is being worked on.

😒977 – AMENDED RETURN FILED
Your amended return (1040X) has officially been filed and logged in their system.

🥲810 – REFUND FROZEN
The IRS froze your refund due to an issue — identity, review, or mismatch.

😤811 – REVERSE OF 810 FREEZE
The freeze has been lifted and processing can continue.

😕091 – REVOCATION ON BEING TAXED AS A SMALL BUSINESS
IRS changed or removed your small business tax classification.

😤177 – ABATEMENT OF ESTIMATED TAX PENALTY
Your penalty was reduced or removed.

🤓768 – EARNED INCOME CREDIT
This shows how much Earned Income Credit you qualified for.

😰424 – RETURN REFERRED TO EXAMINATION (AUDIT REVIEW)
Your return was flagged for examination or review before release.

🤭425 – REVERSAL OF 424
The audit/exam flag was removed.