Welcome to the NSAC Website!
What Is NSAC? The National Society of Accountants for Cooperatives(NSAC) is comprised of professionals actively involved with the financial management and planning of cooperative business. NSAC strives to provide accounting, tax and business education uniquely tailored to cooperatives, supports cooperatives in business interests, and offers networking and professional developement opportunities.
What Members Say about NSAC
I am retiring at the end of the month and I will be staying in NSAC as a retired member. “It's been a good 30 years of active membership. I met lots of good people and received lots of valuable information. My replacement has already joined NSAC”.
RP (Ron Peterson) Minnesota.
NSAC's group-live, educational teleconferences uniquely tailored for cooperatives
Upcoming CLN Workshop(s):
The Role of the Board of Directors and Audit Committee Within a Cooperative
January 24th, 2017
IC-DISCs – An Overview of the Tax-driven Export Incentive
February 2nd, 2017
The Outlook on U.S. Tax Reform and the Possible Impact on Cooperatives
February 7th, 2017
FASB proposal would improve hedge accounting, AICPA committee says
A FASB proposal for targeted improvements to accounting for hedging activities would simplify and improve the current model, according to a comment letter sent by the AICPA Financial Reporting...
Year-End Tax Tips
Steps to take before the New Year for a better tax return in 2017 1. First – what’s not changing: While President-elect Trump is in a strong position to enact his promise of lower tax...
More Time for Some ACA Reporting
The IRS has extended the 2017 due date for employers and coverage providers to furnish information statements to individuals – but the due date for filing with the IRS has not been...
Employers: Accelerated Filing Deadlines for W-2s and 1099s in 2017
One of the provisions in the Protecting Americans From Tax Hikes Act of 2015 (PATH Act) was to accelerate the filing deadline for Form W-2 and Form 1099-MISC. The new due dates take effect for the...
Judge Blocks Obama Rule Extending Overtime Pay to 4.2 Million U.S. Workers
A federal judge blocked an Obama administration rule to extend mandatory overtime pay to more than 4 million salaried workers from taking effect, imperiling one of the outgoing president's signature...