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):
January 15th, 2015
Understanding the Complexities of Travel, Meals and Entertainment Expenses
February 3rd, 2015
SAVE THE DATE! August 2-5, 2015
More Details Soon
IRS Raises Standard Mileage Rate for Businesses
The Internal Revenue Service issued the 2015 optional standard mileage rates that are used to calculate the deductible costs of operating an automobile...
Will ACA Require You To Include Health Insurance as Wages
Beginning January 1, 2014, an employee is only non-taxable on health insurance benefits if they received it as part of a qualified group plan...
Year-End Gifting Rules Revisited
The IRS is reminding individuals and businesses making year-end donations that several important tax law provisions have taken effect in recent years regarding gifting.
Tax Fraud Blotter: Pining for Prison
Some of our favorite recent tax fraud cases.
Defining roles in prevention of financial reporting fraud
There is no way to guarantee that an organization will not experience financial reporting fraud. But research shows that fraud-resistant organizations share three traits...