Bloss Financial Services

12/25/2025

https://www.nytimes.com/2025/12/25/us/politics/trump-auto-loan-deduction-benefits.html?smid=url-share
🚗 New Tax Break + Tax Season Is Here!
Some taxpayers can now deduct interest on certain auto loans starting this year. If you bought a new vehicle or plan to, this could help lower your tax bill.

✔️ Applies to new, financed vehicles
✔️ Up to $10,000 of interest may qualify
✔️ Great for individuals & small business owners

📅 You can start your taxes now.

Returns can be prepared before the IRS opens e-file in late January.

📩 Now accepting individual & business tax clients.

Message me to get started!

Many Americans can take advantage of President Trump’s deduction on auto loan interest, but the tax break will provide only modest savings.

11/18/2025

1 million Pennsylvanians will qualify for new tax credit | ABC27 https://share.google/wIhOwd03qwgKEw6W0

📣 Exciting update for working families in Pennsylvania!
Nearly 1 million Pennsylvanians will automatically qualify for the newly-enacted Working Pennsylvanians Tax Credit, thanks to recent changes in the state budget.

Here’s what you need to know:
✅ If you qualify for the federal Earned Income Tax Credit (EITC), you’ll also qualify for this state credit.
✅ The state credit is 10% of your federal EITC amount — meaning many families could see $400 up to $1,000+ returned.
✅ For example: A single working parent with three children and earnings around $23,300 could receive the maximum benefit of about $805 from the credit.
✅ The aim is to support working families, boost local spending, and grow the middle class.

If you’re a small-business owner, freelancer, tax professional (like me) or simply someone who wants to understand how this impacts your household finances, let’s talk about whether you qualify and strategize how to make the most of it.

📩 Message me if you’d like help walking through eligibility, how this integrates with your state tax return, or how to adjust your bookkeeping and payroll planning accordingly.

Let’s get more of your hard-earned dollars working for you!

(WHTM) — Pennsylvania’s working poor will get to keep more of their money next year thanks to a state tax credit that was part of this year’s budget, which just passed last week. Lawmak…

10/25/2025

🎙️ Big news for business owners 👇

QuickBooks Online is rolling out major changes this November — and I’m officially Advanced Certified as a QuickBooks ProAdvisor so I can walk you through everything coming. 💻✨

Here’s what’s changing and why it matters:
✅ A cleaner, faster interface for managing transactions and reports
✅ New AI tools to automate repetitive accounting tasks
✅ Streamlined workflows for small business owners — especially service-based industries like beauty, wellness, and construction

If you’ve ever felt lost inside your accounting software… this is your time to get ahead.

📅 Starting next week, I’ll be teaching one software skill on video every single week — showing you how to actually use the tools that make running your business easier.

Think QuickBooks, Wave, Excel, Sage, payroll tools, and more — explained in plain English.

Follow for weekly videos that help you:
💰 Understand your numbers
🧾 Simplify your software
🚀 Turn your finances into strategy

It’s time to make your accounting software work for you, not against you.

10/21/2025

Did you know your state may be holding your money?

This isn’t a scam — it’s money that belongs to you.
Search “your state unclaimed property” on Google and claim old refunds, deposits, or checks for free.
I’m showing PA’s version in this video 💰

10/18/2025

10/10/2025

Payroll noncompliance could cost you millions.

Two NY business owners recently faced a $6 million lawsuit for something as simple as paying employees every two weeks instead of weekly.

If you own a business in New York, this isn’t just a one-off story—it’s a reminder that payroll mistakes can turn into major legal and financial risks.

💼 At Bloss Financial Services, we help business owners stay fully compliant by:
• Setting up payroll correctly for your state laws
• Ensuring wage and hour compliance
• Automating payroll and tax filings
• Preventing costly penalties before they happen

Don’t let a payroll loophole put your business on the line.
📞 Message Kelly Bloss, Accountant to schedule a payroll compliance review today.



NY Sisters and DQ Owners Hit with $6M Lawsuit for Paying Workers Every 2 Weeks — How They Fought to Change the Loophole

Were lawyers the real big winners of this giant 'gotcha'?

10/09/2025

IRS announces new 2026 Tax Brackets:

Standard Deduction in 2026 will be:
$32,200 for married couples filing together $16,100 for single taxpayers.

The IRS has announced higher federal income tax brackets and standard deductions for 2026. Here's what taxpayers need to know.

10/03/2025

🐾 Kikachu, CFO (Chief Fetching Officer), has an important reminder! 🐾

If you filed for a tax extension, your deadline is almost here, October 15th!

Don’t wait until the last minute. Let Bloss Financial Services make sure your return is filed on time and done right.

📞 Text/Call Kelly: 814-218-3040
🌐 www.bloss-financial-services.com

Even our four-legged CFO knows you can’t fetch extra time after October 15th! 🐶💼

10/02/2025

⏰ Tax extensions are due October 15th and it’s closer than you think!
Don’t wait until the last minute. File with Bloss Financial Services today and take the stress off your plate.

📞 Text or call Kelly at 814-218-3040
🌐 www.bloss-financial-services.com

Even Kikachu the dachshund knows tax season deadlines aren’t to be ignored! 🐾

10/01/2025

🐾 Teamwork makes the dream work — even in accounting.

I loved this article about a miniature dachshund joining office meetings and stealing the spotlight.
At Bloss Financial Services, I don’t just have one — I have two dachshund coworkers who sit side by side with me while I tackle tax extensions, financial reports, and strategy sessions.

They may not balance spreadsheets, but they definitely keep office morale high (and remind me when it’s time to take a break 🐶🐶).

👉 Check out the story here: Miniature Dachshund Joins Morning Meetings and Steals Everyone’s Heart https://share.google/90jeMuSb3hYmUycUx

Sometimes the best office culture comes with four paws and a wagging tail. 🐾✨

Work just got a whole lot cuter, thanks to this tiny Dachshund in morning meetings.

09/29/2025

"It’s true—we don’t learn the financial basics in school. That’s why I help small businesses and individuals understand taxes, budgeting, and financial planning in plain English.

Options = gambling

That’s the truth.

Only a tiny percentage of people will ever make any money with options.

If you don’t have the correct risk management in place along with competitive advantage, you will lose.

This is why I just stick to ETFs and chill.

A much better option.