How to Join NSAC

The National Society of Accountants for Cooperatives (NSAC) is a professional society that offers maximum benefit to members at minimal cost with a membership plan designed for your specific needs.

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.

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Recent Happenings

Federal Reserve Study: Remote Work Does Not Affect Productivity

Federal Reserve Study: Remote Work Does Not Affect Productivity

Remote work has negligible effect on productivity, recent research from the Federal Reserve Bank of San Francisco found. In their introductory paragraph, the four researchers—John Fernald, Ethan Goode, Huiyu Li, and Brigid Meisenbacher—wrote, "An enduring consequence of the COVID-19 pandemic is a notable shift toward remote and hybrid work. This has raised questions regarding whether the shift had a significant effect on ...

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Employer tax credit crackdown could hit industry — if it passes

Employer tax credit crackdown could hit industry — if it passes

A bipartisan bill awaiting action in the Senate after easily passing the House would crack down on a troubled pandemic-era tax credit in a way that may affect financial advisors. The Tax Relief for American Families and Workers Act proposes to extend $78 billion in tax breaks and credits through expansions of the child tax credit; deductions for business depreciation, interest and research and development costs; and pulling back slightly on a ...

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Time Sensitive Alert: Re-Registering TCCs for 1099s

Time Sensitive Alert: Re-Registering TCCs for 1099s

ALERT – TIME SENSITIVE:  NSAC’s Tax Committee has learned that several taxpayers, who have historically filed their 1099s directly with the IRS via the FIRE system, have been caught off-guard by a new requirement.  The key issue appears to be that Transmitter Codes issued before Sept 26, 2021 must have been re-registered in order to transmit 1099s in January of 2024.  Below is an announcement from Thompson Reuters that ...

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