Principal, Audit Department
Karen has more than 30 years experience in public accounting and has extensive client service responsibilities where she provides audit and accounting services to clients as well as providing tax compliance and planning services.
Karen M. Olson is a principal in Dugan & Lopatka. She has more than 30 years experience in public accounting and has extensive client service responsibilities where she provides audit and accounting services to clients as well as providing tax compliance and planning services.
Karen works with nonprofit clients of a variety of types including health and welfare organizations, religious entities and trade associations. Her broad skill base enables her to assist clients in many different ways from converting financial reporting systems to conforming with and staying abreast of new nonprofit compliance regulations and accounting rules to year-end tax planning.
She is a past treasurer of her church, which gives her specific insight into church operations and needs. She is a 1972 graduate of the University of Illinois. She is a member of the AICPA, an active member in two task forces of the Illinois CPA Society and active in many nonprofit organizations. She has written articles on various subjects and made presentations to various groups. Karen was with Smart & Associates prior to merging her practice into Dugan & Lopatka.
"When my husband had a stroke, I had no idea about taxes. Karen Olson has been incredibly helpful, kind and understanding. She gives me clear instructions and is gracious when I am not able to find the right item. She sends me reminders for when quarterly payments are due and gives me enough time in advance so there is no pressure or extra anxiety. Please reward her for her excellent work." -- Kaye Filkin
"As a Treaurer of a not-for-profit, charitable organization, I rely on Karen Olson and Dugan & Lopatka for prompt, professional completion of the many annual reports I need to file. Having Dugan & Lopatka on my side truly gives me peace of mind." -- James Rechhardt, Child Friendly Courts Foundation
"Whennever I contact Dugan & Lopatka, I always receive friendly, courteous and prompt service. My accountant, Karen Olson, who has been my accountant for a zillion years, always does an excellent job for me. My questions, some of which require research, are responded to in a quick and intelligent manner. I have the utmost trust in her ability to produce an accurate and legal tax return. When filing my returns, I have the utmost confidence that nothing will be brought into question. I am very happy with my relationship with Karen and the staff of Dugan & Lopatka. Keep up the good work!" -- Joseph Bullicek, Jr.