Section 45Z Clean Fuel Credit: Current Rules and Practical Guidance

Date: Wednesday, August 26, 2026
Time: 02:00 PM ET / 01:00 PM CT / 12:00 PM MT / 11:00 AM PT [Prevailing Time]
Presenters: Nicole McGovern, Tax Director, Ag Processing Inc, Chelsey Anderson, Managing Director - Credits, Incentives & Methods – Energy & Excise, RSM US LLP
Moderator: Wayne Sine, CPA, MBA, Education Director, National Society of Accountants for Cooperatives
Learning Objectives:
• Understand the key energy provisions in the One Big Beautiful Bill Act (OBBBA) and their impact on clean fuel producers and other industry stakeholders.
• Evaluate current developments in the clean fuels market and emerging trends affecting the industry.
• Apply recent Treasury guidance related to the Section 45Z credit, including eligibility, documentation, prevailing wage compliance, and credit transfer strategies.
Field of Study: Taxes
Program Level: Basic
CPE Credit: 1 Credit Hour
Delivery Method: Group Internet-based
Prerequisite(s): No advanced preparation or prerequisites are required for this course.

Course Description

This webinar is hosted in collaboration with the National Council of Farmer Cooperatives (NCFC) and the National Society of Accountants for Cooperatives (NSAC), and will provide an update on the evolving clean fuel incentive landscape, with a focus on recent legislative changes, Section 45Z clean fuel production credit requirements, and prevailing wage and apprenticeship considerations. Attendees will gain practical insights into compliance, emissions rate calculations, credit optimization strategies, and emerging issues affecting clean fuel producers and stakeholders.

Presenter and Moderator Bios

Presenter: Nicole McGovern, Tax Director, Ag Processing Inc

Nicole McGovern oversees all tax compliance and planning at AGP. Prior to AGP, Nicole spent nine years at Deloitte focused on privately held and publicly traded companies in various industries, such as retail, manufacturing, and agriculture.

Nicole holds a B.A. in Accounting from the University of Nebraska-Lincoln and a Master of Accountancy from the University of Nebraska-Omaha and is a member of the National Society of Accountants for Cooperatives (NSAC) and the National Council of Farmer Cooperatives (NCFC).

Presenter: Chelsey Anderson, Managing Director - Credits, Incentives & Methods – Energy & Excise, RSM US LLP

Chelsey is a managing director at RSM and has been with the firm for over 15 years. She is a leader within the Credits, Incentives & Methods practice, specializing in energy and excise tax matters. Chelsey provides strategic tax advisory services related to federal tax credits and incentives, including those introduced under recent energy legislation. Her work focuses heavily on clean energy and renewable fuels, where she advises clients on the eligibility, structuring, and monetization of tax credits, such as Section 45Z clean fuel production credit.

She has extensive experience performing tax credit studies across multiple industries, including manufacturing, food processing, and energy. Her responsibilities also include supporting clients through Internal Revenue Service examinations, developing tax positions, and assisting with audit defense and technical documentation.

Over the course of her career, Chelsey has led and contributed to complex engagements, helping clients navigate evolving regulatory requirements, document qualifications for credits, and execute transactions for the sale or transfer of credits. Her work frequently involves collaboration with legal, accounting, and technical stakeholders to deliver comprehensive, defensible tax opinions and compliance solutions.

Chelsey is known for her deep industry knowledge, practical approach to complex tax issues, and ability to guide clients through the full lifecycle of tax credit planning, compliance, and monetization.

Moderator: Wayne Sine, CPA, MBA, Education Director, National Society of Accountants for Cooperatives

After retiring as Tax Director of a regional supply cooperative on the East Coast, Wayne Sine was asked to serve as Education Director for NSAC. As an active and long-term member of NSAC, Wayne previously served as Chair of NSAC’s Tax Committee, President of the Atlantic Chapter, and was a recipient of NSAC’s Silver Bowl Award. In addition to his work with NSAC, Wayne has also served on the Legal, Tax, and Accounting (LTA) Committee of the National Council of Farmer Cooperatives, Chaired the Tax Committees for both the Virginia Chamber of Commerce and the Virginia Manufacturers Association, served on the Tax Policy Committee of the Virginia Society of CPAs, and served as Region Vice President for Tax Executives Institute.

Cost
Free for NSAC Members / $65.00 for Non-Members

  Online Registration

Delivery System

  • All programs are delivered using the Zoom platform.
  • Confirmations will include log-in instructions.
  • Participants are able to participate using any device with an Internet connect (if the device does not have speakers, the participant can also dial-in) or they can participate with audio only by dialing in.
  • All registrants will receive a link to the CLN’s recording by email within 48 business hours of event’s conclusion.
  • There will be assistance available to help with technical and connectivity issues up to 10 minutes prior to the start of the presentation.

Registration

All registration is done on-line and each guest must provide their name and email address to participate. All NSAC members may register for free. Non-members may register for a nominal fee.

Refund Policy

NSAC will not issue refunds for CLNs. If a registrant is unable to participate in the CLN and provides notification to info@nsacoop.org 48 hours prior to the session, a credit will be provided for a future CLN. Alert the NSAC staff member monitoring the CLN if technical difficulties are encountered and technical support will be provided to eliminate problems with future CLNs.

Additional Information

Live participation is required for CPE credit and polling questions must be answered to document your active participation. All registrants will receive an email following the session with links to the slides and/or handouts, and a link to the CLN recording (unless otherwise stated). If you are unable to participate in the live session, you can still watch the recorded session, but you will not be eligible for CPE credits. Those eligible for credits will receive their certificate by email with 7 business days.

For more information regarding NSAC CLNs or administrative policies such as complaint and refund, contact the NSAC Headquarters, 7946 Clyo Road, Suite A, Centerville, OH 45459, 937-222-6707, or info@nsacoop.org.

What is NSAC's Cooperative Learning Network?
The NSAC Cooperative Learning Network is a live, interactive webinar, and you can attend from any location with internet and/or telephone access. NSAC members can attend an unlimited number of CLNs at no charge!

Each Cooperative Learning Network will have one or more speakers who are recognized experts on the topic. CLNs typically include a Q&A session where participants can ask questions live or by chat. No advance preparation or prerequisites are required, unless otherwise stated in the course information. Attendees are able to download copies of the slides and/or handouts and are provided a link to view the recording (unless the description states the session will not be recorded). These tools help continue your learning experience after the session.

CPE Credits
The National Society of Accountants for Cooperatives (NSAC) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor (#103068) of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

Delivery Method: Group-Internet Based.

Why NSAC Cooperative Learning Networks?

Fast.
No wasted time. Get right to the heart of the matter in a course designed to easily fit into your busy schedule.

Convenient.
No travel. No time out of the office. Listen and follow along from the comfort and convenience of your desk, device or conference room.

Easy.
A device with an Internet connection is all you need. If your device does not have sound capabilities, the ability to dial in from a telephone is available.

Ideal for multiple attendees.
Use a speakerphone and projector/monitor and invite as many people as you want to participate - at no extra cost to you.

Affordable.
NSAC Cooperative Learning Networks are free for members and available to non members at a fraction of the cost of travel and attendance fees for other high-priced conferences or seminars.