Kevin Warneke, CPA, Partner of Assurance Services

Kevin is an audit partner with more than 15 years of public accounting experience and a primary focus on client service. His experience consist of auditing financial statements in a broad range of industries including, but not limited to, professional services, employee benefit plans, not-for-profit entities and an extensive amount of experience working with healthcare entities. Clients served range from $1M in revenue to over $500M, local and international, privately held and SEC registrants, stand alone and consolidated. Knowledgeable in reporting under PCAOB, GAAP, and OCBOA. Additional services include consultation on internal controls, providing value added advisory comments, and performing due diligence reviews. Kevin is most recently consulted on ACA 1094-C and 1095-C reporting. His responsibilities include all aspects of the audit and consulting engagements from planning, assessing risk, supervising staff, review and presentation of deliverables.

Recent Posts

Prescription for an ailing practice

Managed care, Medicare and Medicaid reimbursements, and the Affordable Care Act (ACA) all present challenges for a medical practice. On the other hand, many problems that arise are self-inflicted. Is your medical practice not performing as well as expected? Are revenues dropping? Are you having problems covering costs? Take a hard look at your practice and diagnose the problem. To help put you on the road to recovery:

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Topics: Accounting Tips, Tax, Healthcare, Audit

Defining Net Investment Income under the Affordable Care Act

The 3.8 percent net investment income tax (“NIIT”) under the Affordable Care Act (“ACA”) has been in effect since 2013 and remained in effect for tax year 2015 and beyond. The taxpayer is liable for NIIT on the lesser of their net investment income (“NII”), or the amount by which their modified adjusted gross income (“MAGI”) exceeds the threshold based on filing status.

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Topics: Accounting Tips, Tax, Healthcare

Giving Your Revenue Cycle an Annual Checkup

The financial side of the practice appears to be running smoothly. Claims are submitted and paid. Expenses are being paid on time, too. But no one really knows whether the revenue cycle management system is functioning at its peak potential. In such cases, a checkup of the practice’s system may be called for.

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Topics: Healthcare

Defining Net Investment Income under the Affordable Care Act

The 3.8 percent net investment income tax (“NIIT”) under the Affordable Care Act (“ACA”) has been in effect since 2013 and remains in effect for tax year 2015 and beyond. The taxpayer is liable for NIIT on the lesser of their net investment income (“NII”), or the amount by which their modified adjusted gross income (“MAGI”) exceeds the threshold based on filing status.

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Topics: Real Estate, Accounting Tips, Tax, Healthcare, Retirement Plan Services

Time to Comply with the ACA's Information Reporting Requirements

In 2016, "large" employers must file Forms 1094 and 1095 to provide information to the IRS and plan participants about health coverage provided in 2015. The latest guidance consists of an updated Q&A document covering basic reporting requirements and a new Q&A document addressing more specific issues that may arise while completing Forms 1094 and 1095.

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Topics: Accounting Tips, Tax, Healthcare

Deadline Alert: Affordable Care Act Shared Responsibility IRS Reporting Requirements

Does your company meet the reporting requirements?
Do you have procedures and systems to capture the necessary data?
Have you started gathering the necessary data?
Do you know who will be preparing your returns?

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Topics: Tax, Healthcare, Retirement Plan Services