CPS Informational: 2026 Paid Family Leave Credit: Does the Owner Qualify?

Did you know that eligible employers may qualify for a tax credit for providing paid family and medical leave to their employees, subject to IRS requirements?

Understanding the eligibility criteria, qualifying leave policies, and documentation requirements can help business owners determine whether their business may benefit from this tax credit.

👉 Consult a qualified tax professional to learn more about the requirements and determine whether your business qualifies for the credit.

Credits: Copyright © 2026 Bradford Tax Institute

For questions or clarifications, feel free to contact us using the details below.

CPS Informational: 2026 Tax Guide to Deducting Long-Term Care Insurance

Did you know that certain long-term care insurance premiums may qualify for a tax deduction, subject to IRS requirements and age-based limits?

Understanding the rules and keeping proper documentation can help you identify potential tax benefits as part of your overall tax planning.

👉 Consult a qualified tax professional to determine if your premiums may be deductible based on your specific situation.

Credits: Copyright © 2026 Bradford Tax Institute
For questions or clarifications, feel free to contact us using the details below.

CPS Informational: How to Avoid Penalties on Late IRA RMDs

Missing a Required Minimum Distribution (RMD) deadline may result in a tax penalty.

Understanding your RMD requirements and taking distributions on time can help you avoid unnecessary penalties and stay on track with your retirement planning.

👉 If you’ve missed an RMD or are unsure about your requirements, consult a tax professional for guidance.

Credits: Copyright © 2026 Bradford Tax Institute

For questions or clarifications, feel free to contact us using the details below.

CPS Informational: ERC Refund in 2026: One Great Way to Handle It

Did you know that businesses may still have opportunities to review their eligibility for the Employee Retention Credit (ERC) based on the applicable IRS rules?

The ERC is a complex tax credit, and determining eligibility requires careful review of factors such as qualified wages, eligible periods, and the specific requirements that applied to your business. Proper documentation and accurate calculations are essential when evaluating or addressing an ERC claim.

Understanding your options can help you make informed decisions and avoid potential issues with your tax filings.

👉 Consult a qualified tax professional to determine how the ERC rules may apply to your specific business situation.

Credits: Copyright © 2026 Bradford Tax Institute

For questions or clarifications, feel free to contact us using the details below.

Did you know that missing or incorrect bank information can delay the processing of your tax refund?

The IRS may need accurate banking details to issue a refund through direct deposit. Providing complete and correct information when filing your tax return can help avoid unnecessary delays and ensure your refund is sent to the right account.

👉 Be sure to review your banking information carefully and consult a tax professional if you have questions about your refund status or tax return.

Credits: Copyright © 2026 Bradford Tax Institute

For questions or clarifications, feel free to contact us using the details below.

Did you know that certain costs incurred while exploring, starting, or launching a new business may qualify for tax deductions under IRS rules?

Expenses related to investigating a business opportunity, getting a new business ready to operate, and organizing the business may be treated differently for tax purposes. Understanding which costs may be deductible, when deductions can be claimed, and how to properly document these expenses can help you make informed financial decisions.

👉 Consult a tax professional to determine how the rules apply to your specific business and circumstances.

Credits: Copyright © 2026 Bradford Tax Institute

For questions or clarifications, feel free to contact us using the details below.

CPS Informational: Pathway to Deducting Non-Cash Gifts over $5,000

Did you know that non-cash charitable gifts valued at more than $5,000 may qualify for a tax deduction when they meet IRS requirements?

Proper tax planning, qualified appraisals (when required), and complete documentation are essential to claiming these deductions correctly. Understanding the rules can help you maximize available tax benefits while supporting the organizations and causes you care about.

👉 Consult a tax professional to determine whether your non-cash charitable contributions qualify based on your specific situation.

Credits: Copyright © 2026 Bradford Tax Institute

For questions or clarifications, feel free to contact us using the details below.

CPS Informational: Make Church and Charity Gifts Business Write-offs

Did you know that some church and charitable contributions may qualify as business tax deductions when they are made for a legitimate business purpose and meet IRS requirements?

With the right tax planning and proper documentation, you may be able to support meaningful causes while maximizing available tax benefits.

👉 Speak with a tax professional to determine whether your contributions qualify based on your unique situation.

Credits: Copyright © 2026 Bradford Tax Institute

For questions or clarifications, please feel free to contact us using the details below.

CPS Informational: HSAs After Death- What You Need to Know

Did you know that what happens to your Health Savings Account (HSA) after your death depends on who you designate as the beneficiary?

Understanding the tax implications and distribution rules can help ensure your HSA is handled according to your wishes while minimizing unnecessary tax consequences for your loved ones.

👉 Consult a tax professional to learn how HSA beneficiary rules may apply to your specific situation and to ensure your estate plan reflects your intentions.

Credits: Copyright © 2026 Bradford Tax Institute

For questions or clarifications, please feel free to contact us using the details below.

CPS Informational: Do You Need a W-2 for Spouse-Employee 105-HRA Benefits?

Did you know that a spouse employed by your business may be eligible for benefits under a Section 105 Health Reimbursement Arrangement (105-HRA)? One common question is whether a Form W-2 is required.

The answer depends on how your business is structured and how your spouse is employed. Proper documentation and compliance with IRS rules are essential to ensure the benefits are valid and tax-efficient.

👉 Consult a tax professional to determine whether your spouse-employee arrangement and 105-HRA plan meet the applicable requirements.

Credits: Copyright © 2026 Bradford Tax Institute

For questions or clarifications, please feel free to contact us using the details below.

CPS Informational: One-Time Pay: 1099, Kiddie Tax, IRA—Get It Right, Now

A one-time payment to a family member or individual can have important tax implications. Whether it involves issuing a Form 1099, understanding the Kiddie Tax rules, or making an IRA contribution, proper reporting and planning are essential to avoid costly mistakes and maximize available tax benefits.

Before making or reporting a one-time payment, it’s important to understand the applicable tax rules and filing requirements.

👉 Consult a tax professional to determine the best approach for your specific situation and ensure compliance with IRS regulations.

Credits: Copyright © 2026 Bradford Tax Institute

For questions or clarifications, please feel free to contact us using the details below.

🎉 We’re growing, and we want you to grow with us!

CPS is looking for a talented and experienced Bookkeeping Manager to join our team.

If you’re passionate about numbers, have strong leadership skills, and thrive in a fast-paced environment, this could be the perfect opportunity for you.

📩 Apply today and become part of our team.