NSAC: National Society of Accountants for Cooperatives
Welcome to The National Society of Accountants for Cooperatives



Plan now to attend the
2009 Annual Convention & Tax Seminar and the Electric Co-op Chapter’s Tax, Accounting & Finance Seminar
August 10-12th
Seattle, Washington

Details coming soon.

NSAC Cooperative Learning Network
NSAC's group-live, educational teleconferences uniquely tailored for cooperatives. CPE credit.

Attend An Upcoming CLN:


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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 members are either employed by a cooperative or provide professional services for cooperatives.
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Membership Benefits
Two of the most important aspects of membership are educational programs and networking. In addition, members have access to NSAC publications and current cooperative information.
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Upcoming Events

Timber-Harvesters Co-op Doesn't Qualify For Sec. 521 or 501(c)(5) Tax Treatment
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August 8, 2008 Financial Accounting Standards Board Letter
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Consolidated Return Matching Rule Applies to Cooperative and Affiliated Patrons
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Pooling Co-op Receives Favorable Section 199 Letter Ruling

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IRS Blesses Charitable Contributions from Co-op Members

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Update On 2008 Form 990 Draft Instructions

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Mandatory Electronic Filing for Larger Co-ops Proposed

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IRS Publishes Form 1120-C, U.S. Income Tax Return for Cooperative Associations, and Instructions
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IRS Document Discusses Section 199 Calculations and Per-Unit Retains Paid in Money (PURPIMs)
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