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 developement opportunities.

What Members Say about NSAC
December 2014
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):
Non-Qualified Equities and Redemptions
October 25th, 2018
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Should I or Shouldn't I - The Basics of Business Ethics for Coop Personnel
November 6th, 2018
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1099: Increased Reporting Pressure
November 27th, 2018
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Personal Leadership Difference!
December 4th, 2018
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Deferred Taxes and Implications
December 13th, 2018
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Latest News

FASB Proposes Tweaks for Leasing Standard
The Financial Accounting Standards Board is proposing to make a number of narrow improvements in the lease accounting standard as public companies get ready for it to take effect at the end of the...
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Treasury and IRS Propose Regulations for Increasing Depreciation Deduction to 100%
The Treasury Department and the Internal Revenue Service proposed regulations to increase and expand the first-year depreciation deduction for qualified property from 50 to 100 percent, carrying...
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Qualified Business Income Deduction Regs. Proposed
The IRS issued proposed regulations regarding the qualified trade or business income deduction under Sec. 199A, which was enacted by P.L. 115-97, the law known as the Tax Cuts and Jobs Act (TCJA)...
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Accounting and Security: In Industry, the Twain Should Meet
Industry accountants see accounting software and online bookkeeping software as the technologies that will have the greatest impact on the profession in the next five years. Closely following these...
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After Tax Reform, Do Business Meals Remain Deductible?
Since the passage of the Tax Cuts and Jobs Act (TCJA) last December, taxpayers have been asking if business meals are still deductible business expenses. This question is the result of the law...
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