Latest News

Treasury and IRS Unveil New Form W-4 For 2020
The Treasury said it doesn’t expect to make further changes to the redesign beyond some minor updates for inflation adjustments.     The redesigned Form W-4 employs a building block approach...
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Could the Next Sin Tax Fall on Red Meat?
Meat could be a target for higher taxes given criticism of the industry’s role in climate change, deforestation and animal cruelty, according to a report by Fitch Solutions Macro Research.   The...
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FASB Proposes Delays in 3 Key Effective Dates
Certain financial statement preparers would receive the benefit of effective date delays in FASB’s accounting standards for leases, hedging, and credit losses under a proposal the board...
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FASB Proposes Standard for Distinguishing Liabilities From Equity
The Financial Accounting Standards Board released a proposed accounting standards update with the goal of enhancing the guidance for financial instruments with the characteristics of liabilities...
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FASB Proposes Changes for Financial Instruments, Equity Method Investments
The Financial Accounting Standards Board is aiming to clarify the interaction between two of its accounting standards: the standard on recognition and measurement of financial instruments and the...
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NSAC Publications

NSAC provides a variety of training sessions, publications, and research tools to enhance the professional competence of its members and improve the level of service they can offer cooperatives.

  • The Cooperative Accountant is a quarterly technical journal featuring timely and useful information on cooperative tax, accounting, finance, and economic issues.

  • Financial Reporting by Cooperatives explains and offers examples of financial statement entries unique to cooperatives.

  • The Electronic Tax Library provides easy access to a searchable data base of IRS administrative rules and rulings and court cases concerning tax treatment of cooperatives. Available in the Members section of this website.

  • Welcome to Cooperatives is a basic explanation of how cooperatives are organized and operated, including equity management and tax treatment. It is must reading for new employees without a background in cooperation.

  • Membership Handbook provides an overview of the many publications, benefits, programs and structure of NSAC. This guide includes information on how to order extra items and how to find out more about all benefits available to members.
    View/Download Handbook