Olympia, Washington

Olympia CPA, Accounting & Bookkeeping for Service Businesses & Nonprofits

Remote, cloud-first accounting for Olympia’s consultancies, government-adjacent service firms, nonprofits and professional practices — clean books, Washington B&O tax handled, and CFO-level insight without the in-house cost.

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Accounting for Washington’s capital city

As the state capital, Olympia’s economy is shaped by government — and the deep ecosystem that surrounds it. Consultancies and contractors that serve state agencies, lobbying and policy firms, associations and a large community of nonprofits all call the South Sound capital home, alongside the usual mix of professional-service firms and small businesses. Many of these organizations have accounting needs a generalist bookkeeper struggles with: government-contract revenue recognition, grant and restricted-fund tracking for nonprofits, and the Washington gross-receipts tax that applies to nearly everyone.

Washington B&O tax — including for nonprofits

Olympia organizations have to navigate Washington’s unusual tax model:

  • No state income tax, but the B&O (Business & Occupation) tax on gross receipts — service firms usually report under the higher “Service & Other Activities” classification.
  • Nonprofits aren’t automatically exempt: being a 501(c)(3) does not by itself exempt an organization from Washington B&O tax — specific exemptions and deductions may apply, and getting this right is commonly missed.
  • Grant & contract revenue needs careful tracking for both reporting and tax purposes.
A common Olympia surprise: nonprofits and government contractors often assume they owe no B&O. The reality is nuanced. We determine exactly what applies and file it correctly. Background in our Washington B&O tax guide.

What we do for Olympia organizations

Monthly Bookkeeping

Real-time QuickBooks Online / Xero books, reconciliations, grant/fund tracking and a clean monthly close.

Tax Prep & Planning

Federal returns, Washington B&O filings (incl. nonprofit nuances), and S-corp planning.

Fractional CFO

Cash-flow forecasting, budgeting, and board-ready reporting for firms and nonprofits.

Payroll & Contractors

Payroll, 1099 management, and multi-state compliance.

Why Olympia organizations choose CPA CloudBooks

  • Washington tax depth — B&O, nonprofit nuances, and government-contract revenue.
  • Niche-fit — built for service firms, consultancies and nonprofits.
  • One partner for bookkeeping, tax, and fractional CFO.
  • Cloud-first & transparent — flat monthly pricing.

Book your free Olympia consultation →

Frequently asked questions

Does my Olympia nonprofit owe Washington B&O tax?

Possibly — being a 501(c)(3) does not automatically exempt you from Washington B&O tax. Certain exemptions and deductions may apply depending on your revenue. We determine what applies and file it correctly.

Do you work with government contractors and consultancies?

Yes — we handle contract revenue recognition, project profitability and Washington B&O for firms serving state agencies.

Do I need to be in Olympia to work with you?

No — we work 100% in the cloud and are headquartered in the Puget Sound (Seattle) with deep Washington tax expertise.

How much do your services cost?

Flat monthly pricing scoped to your volume and service mix. Book a consultation for a custom quote.

Also serving

Tacoma → Seattle & Washington → All locations →