One Big Beautiful Bill: A Deeper Dive

Designed for cooperative tax and accounting professionals, this session takes a deeper dive into the One Big Beautiful Bill Act. Building on earlier overviews, the webinar will examine specific provisions in greater detail, explore practical implications for cooperatives, and address common questions.

Presenter and Moderator Bios

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

Rebecca Thoune has an extensive background providing tax planning and compliance for privately held companies, serving primarily cooperatives and the agribusiness industry. She works with clients on federal and state strategic tax planning, equity planning and management, maximizing cooperative and patron benefits, business structure consulting, and provides representation before the IRS and other state taxing authorities. Rebecca has 23+ years of tax experience in public accounting and has held various tax leadership roles throughout her career. Rebecca has spoken to various local and national organizations on technical tax topics such as the principles of cooperative taxation, tax planning and reform, equity management, COVID relief including PPP loans & forgiveness, and various state tax matters. Rebecca serves as the cooperative national tax director for CliftonLarsonAllen LLP.

Presenter: Kirtus Bocox, Tax Partner, KPMG US

Kirt Bocox is a Tax Partner in the KPMG Florida Business Tax Services practice. Kirt also serves as the National Cooperative Tax leader for KPMG.   He has over 25 years of experience in partnership and corporate tax compliance and consulting for public and privately held clients.​

Kirt is responsible for a broad range of public and privately held clients doing business as corporations or partnerships and has extensive experience with a wide range of complex tax matters relating to his clients’ businesses. Kirt serves as the His current and past clients include leaders in the real estate, hospitality, and motorsport entertainment industries.​

Kirt has provided tax compliance and tax consulting work in several industries including:​

• Helping several companies in reviewing their overall tax structure and recommending various tax efficient structures and methodologies by forming corporations and pass-through structures that best matched the needs of the corporation​
• Helping numerous clients on ASC 740 reviews to document and set up internal control policies and procedures​
• Successfully serving as the engagement partner for numerous clients to help ensure quality and timely delivery of hundreds of federal and state tax returns.​

Kirt holds a bachelor’s and master’s degree from the University of Kansas.

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.