One Big Beautiful Bill: What It Means for Telecom Cooperatives

This session will unpack the key provisions of the One Big Beautiful Bill Act and explore its impact on cooperatives and rural development. Attendees will gain insights into tax reform highlights, energy credit changes, and compliance strategies relevant to the taxable cooperative landscape.

Learning Objectives:
• Provide a overview of OBBBA Business Tax Provisions
• Understand the applicability of OBBA to Telecom Cooperatives and the effect of tax planning
• Identify Planning Opportunities Related to OBBBA Provisions

Presenter and Moderator Bios

Presenter: Austin Ridl, CPA, Senior Tax Manager, Eide Bailly

Austin Ridl, CPA, is a Senior Manager at Eide Bailly, specializing in tax planning and compliance for businesses in construction, manufacturing, and utilities. Known for his dedication as a trusted advisor, Austin helps clients navigate complex tax laws and achieve their goals. He has been working with the broadband and utility sectors for over eight years, with a concentration in cooperative taxation. Outside work, Austin enjoys participating in a multitude of sports and spending time with his family.

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.