Welcome

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 development 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.
 
Upcoming Events


NSAC Cooperative Learning Network
NSAC's group-live, educational teleconferences uniquely tailored for cooperatives
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Upcoming CLN Workshop(s):
Beyond the Munchies
December 2nd, 2019
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Meals & Entertainment Conundrum
December 10th, 2019
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Basic A&A
December 12th, 2019
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Current Cooperative Tax Developments
December 19th, 2019
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Moving Your Talent from the Minor's to the Majors
January 16th, 2020
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Latest News

How Safe Are Password Managers?
A password manager stores all your passwords and automatically fills them in your web browser and mobile apps. But is trusting an app with your passwords and storing them all in one place a smart...
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Lease Accounting: Keep Pushing Ahead
In February 2016, FASB issued new lease accounting requirements in Accounting Standards Update (ASU) No. 2016-02, Leases (Topic 842). Under its core principle, a lessee recognizes a right-of-use...
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3 Reasons CPAs Should Care About Blockchain
People’s perspectives on blockchain usually fall into two categories: You believe the technology will change everything, or you believe it’s a passing fad. The reality is probably somewhere in...
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IRS Increases Tax Deductions for 2020
The Internal Revenue Service issued its annual inflation adjustments for dozens of tax items and tax schedules Wednesday, saying the standard deduction for married taxpayers who file joint tax...
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Like-kind Exchanges and Personal Property
With the enactment of the legislation known as the Tax Cuts and Jobs Act (TCJA), P.L. 115-97, like-kind exchanges are now limited to real property held for use in a trade or business or for...
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