Greenwood Ohlund, PS (GO), aims to change the field of accounting by providing traditional CPA services in innovative ways. This five-partner firm, situated just north of downtown Seattle, boasts a team of approximately 35 professionals who operate from remote home offices across the country. Established in 1971 by Dick Greenwood, the firm has remained relevant for 52 years by adapting
Estate and gift planning doesn’t have to feel daunting. Think of it as shaping your financial legacy with purpose—and taking advantage of valuable tax opportunities along the way. Below are the key updates for 2025, along with what you should prepare for as we approach 2026. Annual Gift Tax Exclusion One of the easiest ways to transfer wealth tax-efficiently is
E-filing of W2s and 1099s Taxpayers must e-file W-2s and 1099s if they are filing more than 10 forms total. Penalties apply to any paper filed forms in excess of 10. Plan ahead and obtain W-9 information from your service providers well ahead of the January 31 deadline. Standard mileage rates Beginning on 1/1/2025, the standard mileage rates for the
Year-end is an ideal time to take stock of your financial picture and prepare for the tax law changes that have resulted from the One Big Beautiful Bill (OBBBA). Proactive planning now can help you preserve deductions, avoid surprises, and position yourself for 2026 and beyond. 1. Share Major Life or Financial Changes Keeping us informed ensures your tax and
For many small businesses, artificial intelligence still feels like something that belongs in the future or in larger, more technology-driven organizations. But that perception is changing quickly. Increasingly, lenders are not just evaluating historical financial performance — they are also looking at whether a business is prepared for the operational and competitive changes that AI may bring. That shift reflects
Running a business means making decisions every day that affect your future. Some choices are simple, but others depend heavily on the quality of your financial information. That is where consulting services in accounting become an essential support system for organizations that want steady growth, fewer surprises, and a clearer direction. If you have ever looked at your reports and
Here’s a question we hear constantly: “Do you think AI will replace accountants?” It’s showing up in our inbox. In consultation calls. In conversations with nonprofit leaders and business owners who are trying to figure out their next move. They’re reading about AI accountant tools that promise to automate bookkeeping, generate reports instantly, and flag financial anomalies before they become