What is NSAC's Cooperative Learning Network?
A NSAC Cooperative Learning Network is a live, interactive 60-minute conference presented over the telephone and over the Internet. You can attend from any location that has telephone and Internet access. You pay just one registration fee for as many participants as you wish at each call/log-in location.

Note that high-speed Internet access is not mandatory – the system works with dial-up but you must have separate connections for the audio and video portions. You may use cell phones for the audio if you have only one connection.

Who presents at one of these sessions?
Your Cooperative Learning Network will have one or more speakers who are recognized experts on the topic. Conferences typically include a Q&A session; you can ask questions by phone or instant messaging options.

CPE Credits
The National Society of Accountants for Cooperatives (NSAC) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors through its website: www.learningmarket.org.

Delivery Method: Group-Live.

CLN Policies
Refunds for CLNs are not provided. Registrants if unable to participate will be provided credit for a future CLN or may opt to be sent a copy of the CLN PODCast following the event. Note PODCasts are not eligible for CPE credit.

For more information regarding refund, complaint and/or CLN cancellation policies, please contact our offices at (937) 222-6707 or info@nsacoop.org.

What does my registration include?
Your registration includes long-distance charges for the audio portion and log-in to the video presentation. All handouts and presentation files are downloadable and may be printed out or saved to the participant's computer once they are logged in to the session meeting room. Sessions include one CPE Certificate of Attendance. Certificates for additional participants are $10.00 each.

Why NSAC Cooperative Learning Networks?

No wasted time. Get right to the heart of the matter in a 60-minute session designed to easily fit into your busy schedule.

No airlines. No travel. No time out of the office. Listen and follow along from the comfort and convenience of your desk or conference room.

A telephone and computer are all the equipment you need. Just dial in and log-in to the system. That's it.

Ideal for multiple attendees.
Use a speakerphone and projector and invite as many people as you want to participate - at no extra cost to you.

NSAC Cooperative Learning Networks are a fraction of the cost of travel and attendance fees for other high-priced conferences or seminars.

Cooperative Learning Network

A members only PODcast archive of this seminar is now available. Note PODCasts do not qualify for CPE credit. Click here to order!

Bylaws and Patronage Allocations and Issues Presented by Teree Castanias, CPA and Mike McIntyre, CPA
Date: Thursday, January 12, 2012
Time: 11:00 AM ET / 10:00 AM CT / 09:00 AM MT / 08:00 AM PT [Prevailing Time]
Presenter(s): Teree Castanias, CPA and Mike McIntyre, CPA
Field of Study: Taxes
Program Level: Basic
CPE Credit: 1.5 Credit Hours
Delivery Method: Group-Live

No advanced preparation or prerequisites are required for this course.

Course Description
This presentation will cover bylaw provisions that may support or conflict with tax positions taken or desired to be taken by a cooperative. Bylaw wording is an area of documentation that is often neglected or ignored and that could benefit operations and support board decisions with tax implications if kept up to date. Areas of discussion will include bylaw considerations for equity situations resulting from new merger accounting requirements, implications for changing from tax to book basis patronage allocations, establishing look back periods for distributing asset sale net proceeds and upon dissolution and other issues with tax implications involving bylaw wording. *** This is a 90 minute course and will provide 1.5 CPE Units.

Presenter Bio(s)
Teree Castanias, CPA has a tax compliance and consulting practice focused on cooperative issues and other business and individual tax matters. She has provided tax consulting, compliance and tax provision services to many businesses, including cooperatives and non-cooperative enterprises in food production, manufacturing, distribution and retail, rural electric and telephone, Farm Credit System agricultural lending, banking and financial services. Teree has had a broad range of experience with all types of cooperatives and non-cooperative businesses, including sole proprietorships, partnerships, limited liability companies, C and S corporations. She has also worked extensively with individuals, providing assistance in income tax, retirement, estate and gift, and financial planning. Teree also works with clients in equine related businesses. Tereeā€™s professional accounting experience has spanned over 32 years

Mike is an attorney and certified public accountant. He is currently practicing through his own firm in Okemos, Michigan, providing legal, consulting, tax and accounting services primarily to cooperatives along with other private businesses and individuals. He has worked with cooperatives for 40 years. His cooperative clients are located in Michigan as well as in other states around the country. Mike serves as a consultant on entity structure, co-op formation and cooperative director training for the Michigan State University Product Center, which carries out economic development programs involving agriculture and natural resources. He has also provided similar services in past years to the Rutgers University Food Innovation Center. Mike serves as a consultant on cooperative tax matters to other professional firms.

A PODCast of this workshop is now availble. Click here to order/view.

Additional Information

For more information regarding this series or administrative policies such as complaint and refund, please contact the NSAC National offices, 136 S. Keowee St., Dayton, OH 45402, 937-222-6707, email: info@nsacoop.org