The accounting profession is facing a significant workforce challenge. Across the country, fewer students are pursuing accounting degrees, CPA exam participation has declined, and a generation of experienced professionals is approaching retirement. This talent gap is not just an industry issue – it affects businesses as well. What’s Behind the […]
The Internal Revenue Service has finalized significant updates to 1099 information reporting requirements that will take effect for payments made in calendar year 2026 – meaning these changes will apply when filings are made in early 2027. These adjustments come as part of the One Big Beautiful Bill Act passed
For years, accounting relationships were built primarily around compliance: tax returns filed accurately and on time, financial statements prepared, payroll processed, reports delivered. That baseline still matters. But in 2026, it is no longer enough. Today’s business owners operate in an environment defined by economic uncertainty, rising labor costs, evolving
The Powell Chamber of Commerce has appointed Kathy Warnick as Treasurer, recognizing her strong financial expertise, operational leadership, and commitment to the local business community. As Treasurer, Kathy will oversee the Chamber’s financial management, including budgeting, reporting, and fiscal planning, helping ensure transparency, accountability, and long-term sustainability. Her appointment reflects
Across the accounting profession, one trend is unmistakable: firms are expanding beyond traditional services and investing heavily in advisory capabilities. For business owners, this shift represents an opportunity. Historically, many firms centered their services on tax preparation, audits, and financial statement reporting. While these remain essential, they are increasingly viewed
The State of Ohio has again announced it will have a Sales Tax Holiday in August. It will take place Friday, August 4, 2017 at 12:00 a.m. to Sunday, August 6, 2017 at 11:59 p.m. During the holiday, certain purchases are exempt from sales and use tax.For more information, please refer to the Department’s
Kathy is honored to be awarded the Nonprofit Board Executive Award. She was recognized for her work with NAWBO, The Young Entrepreneurs Academy, and the Women’s Small Business Accelerator at the 8th Annual Medical Mutual Central Ohio Pillar Awards for Community Service. The Pillar Award for Community Service was developed
We are pleased to announce that Warnick Consultants has been selected as a 2016 Corporate Caring Finalists out of a field of over one-hundred by Columbus Business First. The Corporate Caring Award recognizes Central Ohio companies that exemplify the meaning of giving back to their communities through financial contributions to
Warnick Consultants, LLC wants to congratulate five central Ohio women business owners as the NAWBO Columbus 2016 Visionary Finalists. One will be selected as the honoree at the annual Visionary Awards gala, taking place on July 29, 2016. • Jill Frey, President, Cummins Facility Services, LLC • Joelle Brock, President, Leading EDJE • Leena Madan, Chief Operating Office, geoAMPS •
The Young Entrepreneurs Academy (YEA!) is a year-long program that teaches middle and high school students how to start and run their own REAL businesses. YEA! was developed at the University of Rochester in 2004 with the support of a grant from the Kauffman Foundation. In 2014 the Columbus NAWBO
During the sales tax holiday, items falling into the following categories are exempt from sales and use tax: Clothing priced at $75 per item or less School supplies priced at $20 per item or less School instructional material priced at $20 per item or less More information can be found
Let Warnick Consultants help you get ready for filing your taxes. If you found yourself filing for an extension for tax year 2010, you are far from alone. But don’t let the extra time slip by without the proper planning. Now that the pressure is off, Warnick Consultants can work
