NSAC Happenings and Latest News - Page 5
NSAC Elects Board of Directors for 2022-2023 Term
CENTERVILLE, OHIO, September 6, 2022—The National Society of Accountants for Cooperatives (NSAC) is pleased to announce the Board of Directors for the 2022-2023 term. The Board of Directors determines the culture, strategic focus, and overall direction of the NSAC. The Board supports NSAC’s mission of serving cooperatives by providing accounting, tax, finance, and business education uniquely tailored to professionals working for and ...
Read More5 Mentorship Tips for Recruitment and Retention
Attracting and retaining employees has proved a challenge in the wake of unprecedented levels of employee resignations and an increased desire for hybrid or work-from-home options. Compounding this frustration is the high failure rate of young professionals in many industries, creating more job openings. However, normalizing high failure rates among young professionals is a dire mistake.
Read MoreSenate Passes Reconciliation Bill
Early Sunday morning (8/7/22), the Senate approved the Inflation Reduction Act of 2022 (H.R. 5376) by a 51-50 party-line vote, with Vice President Harris casting the tie-breaking vote. The House is expected to take up the measure later this week. The Senate considered dozens of amendments but only two were adopted, one amending the book minimum tax to prevent certain small and mid-sized businesses from being subject to the 15 percent minimum ...
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Key Tax Provisions in the Senate Reconciliation Bill
By a vote of 51 to 50, the U.S. Senate on Sunday passed a budget reconciliation bill, H.R. 5376, now known as the Inflation Reduction Act of 2022. The bill contains numerous tax provisions, including a 15% corporate minimum tax, expanded eligibility for premium tax credits, and numerous clean energy credits. The Senate vote, in which no Republicans joined the Senate's 48 Democrats and two Independents and with the resulting tie broken by Vice ...
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NSAC Presents 2022 Silver Bowl Award
SAN ANTONIO, TEXAS, August 2, 2022—During the 2022 Tax, Finance & Accounting Conference for Cooperatives, NSAC presented its annual Silver Bowl Award to deserving recipient, Jeff Brandenburg, CPA. The Silver Bowl Award is the most prestigious award NSAC bestows to a member of the cooperative industry profession. This recognition is awarded by the Society’s Board of Directors to individuals who have distinguished themselves over ...
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