December 2018 Article Archives
The OBBBA Adds a New Option for Structuring Farmland Sales – What is it Worth?
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 ...
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The Cooperative Accountant Winter 2026
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.
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Time for Co-op Financing to Get Creative; Potential Federal Budget Cuts Inspire Co-op Community to Look to Domestic, International Financing Models
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 ...
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Cybersecurity Awareness for Finance Professionals in Cooperative Utilities
In today's digitally connected environment, cooperative utilities face increasing cybersecurity threats that can disrupt essential services, compromise sensitive data, and erode stakeholder trust. Finance professionals within these organizations occupy a pivotal role, managing high-value data and interfacing with digital systems that are often targets for malicious actors. Yet, cybersecurity awareness in finance teams sometimes can remain an ...
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Countdown: 2025 Tax Provisions Set to Expire
As 2025 comes to a close, several important federal tax provisions are scheduled to expire, creating so-called “tax cliffs” that could impact households, businesses, and the broader economy. Lawmakers face critical decisions about which policies to extend, modify, or allow to lapse. Key areas affected include healthcare subsidies, clean-energy incentives, business hiring credits, and more. Understanding these expirations is ...
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