Membership in the National Society of Accountants for Cooperatives (NSAC) is open to individuals employed by or affiliated with a cooperative organization as well as those who are engaged in providing professional services for cooperatives and those who are otherwise engaged in the furtherance of cooperative principals.
When joining NSAC, one becomes a member of the both the national organization and one or more chapters. NSAC has one chapter that is national in scope, the Electric Cooperative Chapter (ECC). The ECC is dedicated to serving rural utility advisors. Other chapters of NSAC are organized geographically.
These regional organizations provide education and information of special interest to members. They are especially valuable to members as they add a more localized component to membership. Members may affiliate with the chapter(s) of their choice.
Recent Happenings
Open the Door to Opportunity with an NSAC Scholarship!
NSAC Scholarship Application open. Do you know a graduating high school senior or a current college student who’s excited about business, accounting, or finance? This is their chance to turn ambition into opportunity!
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OBBBA Gives Lenders a Partial Exclusion on Interest Earned on Certain Loans Secured by Rural or Agricultural Real Property
Renewal of Section 199A(g) The One Big Beautiful Bill Act, P.L. No. 119-21, made Section 199A(g) permanent by eliminating the December 31,2025 sunset provision in Section 199A(i) of the Internal Revenue Code of 1986, as amended (the “Code”). Code Section 199A(g) offers a 9% deduction to specified agricultural and horticultural cooperatives on domestic production income. The following offers a very brief summary of the ...
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Qualified Opportunity Zones under OBBBA
This article will summarize the Qualified Opportunity Fund tax rules under old law and the changes made under the One Big Beautiful Bill of 2025 (OBBBA). It will also discuss the new rules for rural areas, and how these may be helpful to cooperatives. With the changes that were made in OBBBA, it may be worthwhile for cooperatives and their advisors to look more closely at these rules if the cooperative has a significant short- or ...
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