Impact of the Inflation Reduction Act on Cooperatives (Non-Electric)

CPE: 1 Credit Hour
Field of Study: Taxes

The Inflation Reduction Act of 2022 (the “IRA”) contains many game-changing policies, but what does this mean for cooperatives? Join us for this 60-minute zoom as we explore the recently enacted legislation of the IRA and how cooperatives and their members are impacted. Gain a better understanding of the key provisions affecting non-electric coops and the credits and incentives included in the IRA.

Presenter and Moderator Bios

Presenter: Rebecca Thoune, CPA, Signing Director, CLA (CliftonLarsonAllen LLP)

Rebecca Thoune (Smith), Signing Director, with CliftonLarsonAllen specializes in tax consulting and compliance for cooperatives and the agribusiness industry with a focus on federal and state strategic tax planning, maximizing cooperative and member benefits, startups and mergers, and representation before the IRS and other state taxing authorities. Rebecca is a member of the National Council of Farmer Cooperatives LTA committee, National Tax Committee Chair of the National Society of Accountants for Cooperatives (NSAC), and Past President and Board Member of the NSAC Great Lakes Chapter.

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

Wayne Sine is an experienced and highly knowledgeable professional in the field of Tax. Wayne recently retired as Tax Director from his company, Southern States Cooperative. He has extensive experience working with agricultural cooperatives and has been a long time member of the NSAC. He is extremely active in the NSAC, serving as both past Chapter President of the Atlantic Chapter, past Chair of the Tax Committee, and is currently serving as the NSAC Director of Education.. Wayne's career is marked with several accomplishments, and he has always been involved in many organizations, spreading his knowledge. Wayne is a member of the Legal, Tax, and Accounting (LTA) Committee for the National Council of Farmer Cooperatives. He is also Past Chair of both the Tax Committee of the Virginia Chamber of Commerce and the Virginia Manufacturers Association. Wayne also served on the Tax Policy Committee at the Virginia Society of CPAs, and served as past Region Vice President for the Tax Executives Institute.