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

Smart Estate Planning in Washington: Tips to Protect Your Legacy

Big changes in 2025 bring new opportunities and some risks for Washington families. If your estate is over $3 million, now’s the time to plan. This guide breaks down what’s new, what it means for you, and how to protect your wealth and your loved ones. Quick Tax Snapshot Features Federal Washington Exemption Amount $13.99 million (2025), $15 million* (2026)

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Government Shutdown: IRS Operations and Impact to Taxpayers  

As the federal government shutdown drags on, many taxpayers are asking the big questions: “Does this mean I don’t have to file my tax return?” and “When will my refund show up?”   If only it were that simple.  1. Tax Deadlines Remain Unchanged  The lights may be off, but the deadlines are still on. If you filed for an extension

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IRS is Ending Paper Refund Checks: What You Need to Know

IRS Zero Paper Initiative: The End of Paper Checks The IRS has officially confirmed that paper tax refund checks for individual taxpayers will begin to be phased out as of September 30, 2025, in compliance with Executive Order 14247. Here’s a breakdown of what the IRS is saying and what you should do now to stay ahead of the changes.

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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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