The National Society of Accountants for Cooperatives (NSAC) is the only professional organization dedicated to providing education, resources and connections to professionals exclusively involved in the financial management and planning of cooperatives.
Joining the NSAC connects you with a vibrant network of professionals and industry experts in the cooperative sector, fostering collaboration and knowledge sharing. Members gain access to specialized education through events, webinars, and seminars tailored to cooperative tax, accounting, and finance. With resources like "The Cooperative Accountant" and CONNECT, our exclusive platform, NSAC supports your professional growth while keeping you informed on industry trends.
Not a Conference. Not a Presentation. More than a Roundtable. Have you ever sat in a conference session wishing you could ask a follow-up question directly related to your cooperative? Wondered how other cooperatives are addressing the same challenge you’re facing? Or wished you could hear what industry experts would say about your situation? That’s exactly what the NSAC Technical Exchange is designed for. This one-of-a-kind, ...
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We’re thrilled to announce that The Cooperative COMPASS—pointing accounting, tax, and finance professionals in the co-op industry towards an extraordinary educational and networking experience—is coming to Nashville, Tennessee, May 4–6, 2026, in partnership with NSAC’s Atlantic Chapter. Set against the backdrop of live music, Southern hospitality, and a city that knows how to mix tradition with innovation, this one-of-a-kind conference ...
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This session will unpack the key provisions of the One Big Beautiful Bill Act and explore its impact on cooperatives and rural development. Attendees will gain insights into tax reform highlights, energy credit changes, and compliance strategies relevant to the taxable cooperative landscape.
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Join Randy Throener, CPA and Audit Partner with FORVIS MAZARS, for a 60-minute Zoom session that offers a comprehensive overview of the fundamental principles of business combination accounting, with a focus on areas that often present unique challenges for cooperatives. This session is designed to provide financial professionals with a clear understanding of the key concepts, practical considerations, and common complexities encountered during ...
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This article will summarize the Qualified Opportunity Fund tax rules under old law and the changes made under the One Big Beautiful Bill of 2025 (OBBBA). It will also discuss the new rules for rural areas, and how these may be helpful to cooperatives. With the changes that were made in OBBBA, it may be worthwhile for cooperatives and their advisors to look more closely at these rules if the cooperative has a significant short- or ...
The One Big Beautiful Bill Act (“OBBBA”) includes a new Code section that allows owners of farmland who sell that land to farmers to elect to pay resulting federal income tax over four years without interest. See, Section 1062 (Gain from the Sale or Exchange of Qualified Farmland Property to Qualified Farmers). However, this provision is narrow. The election is limited to tax resulting from “gain from the sale or ...
The Winter 2026 issue of The Cooperative Accountant (TCA) has been released! Focusing on cooperative-related issues, such as accounting and auditing, finance, cooperative management, legal and regulatory issues and taxation, this journal has become widely recognized as the industry standard. NSAC members, please log into Connect to view or download the latest issue.
The following story is not news for people in the United States who are familiar with cooperatives. In the mid-1930s, nine out of ten farms lacked electricity.[1] Investor-owned utilities were not interested in accessing the Federal Rural Electric Administration’s[2] loan program. In contrast, farmers, who were familiar with the cooperative form of business through their membership in agricultural cooperatives, formed electric cooperatives ...
