Latest Updates and Insights from Greenwood Ohlund

Best Places to Work

Business of the Year Award 2023:

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

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Insights

2025 Year-End Retirement Tax Tips

Smart Strategies for RMDs, Roth Conversions, and Inherited IRAs As the year winds down, it’s the perfect time to review your retirement accounts and make a few smart moves that can lower taxes and set you up for success in 2026. Whether you’re retired, planning ahead, or managing an inherited account, recent IRS updates and SECURE Act 2.0 changes could

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Large Corporation Tax Rules

Navigating the Transition: Key Tax Considerations for Large Corporations As a business grows, crossing the threshold from a “small business” taxpayer to a “large” corporation brings significant changes to its tax and accounting obligations. Understanding these new requirements is essential for maintaining compliance and making informed financial decisions. This article outlines the key tax rules and accounting method changes that

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Retirement Plans for Self-Employed Taxpayers

Save More. Pay Less Tax. If you’re self-employed, planning for retirement might feel overwhelming but it doesn’t have to be. The right plan can help you lower your tax bill, grow your savings, and build long-term financial security. Below is a simple guide to the most common retirement plan options for self-employed taxpayers. These are popular choices, but other plans

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Resources

Why Small Businesses Need an AI Strategy Before They Need a Loan

Why Small Businesses Need an AI Strategy Before They Need a Loan

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

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consulting services in accounting

How Consulting Services In Accounting Can Boost Your Financial Strategy

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

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AI in accounting

AI Accountant vs Human CPA: Can AI Replace Your Accountant?

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

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