Non-Qualified Equities and Redemptions

Date: Thursday, October 25, 2018
Time: 02:00 PM ET / 01:00 PM CT / 12:00 PM MT / 11:00 AM PT [Prevailing Time]
Presenter(s): Nick Falk, CLA
Learning Objectives:
? Overview of ?1383 rules, when a cooperative redeems a nonqualified equity
? Detailed examples of redemptions and tax consequences of the redemption.
? How to value the deferred tax asset of outstanding nonqualified equities.
Field of Study: Taxes
Program Level: Basic
CPE Credit: 1 Credit Hour
Delivery Method: Group Internet-based
Prerequisite(s): No advanced preparation or prerequisites are required for this course.
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Course Description

In this session we go over the rules of redeeming non‐qualified written notices of allocation including section 1383. Then present detailed examples of redemptions and tax consequences of the redemption. Finally, we will show how to value the deferred tax asset of outstanding nonqualified equities especial in the light of tax reform.

Presenter and Moderator Bios
Nick Falk is a tax director with CliftonLarsonAllen specializing in services to clients in the agribusiness industry, especially cooperatives and closely-held companies. Nick's responsibilities include managing and reviewing tax planning, compliance, and enforcement for audit engagements. Tax research and tax position development are other areas interest.

Cost
Free for NSAC Members / $70.00 for Non-Members

Delivery System

  • All programs are delivered using the Zoom platform.
  • Confirmations will include log-in instructions.
  • Participants are able to participate using any device with an Internet connect (if the device does not have speakers, the participant can also dial-in) or they can participate with audio only by dialing in.
  • All registrants will receive a link to the CLN’s recording by email within 48 business hours of event’s conclusion.
  • There will be assistance available to help with technical and connectivity issues up to 10 minutes prior to the start of the presentation.

Registration

All registration is done on-line and each guest must provide their name and email address to participate. All NSAC members may register for free. Non-members may register for a nominal fee.

Refund Policy

NSAC will not issue refunds for CLNs. If a registrant is unable to participate in the CLN and provides notification to info@nsacoop.org 48 hours prior to the session, a credit will be provided for a future CLN. Alert the NSAC staff member monitoring the CLN if technical difficulties are encountered and technical support will be provided to eliminate problems with future CLNs.

Additional Information

Live participation is required for CPE credit and polling questions must be answered to document your active participation. All registrants will receive an email following the session with links to the slides and/or handouts, and a link to the CLN recording (unless otherwise stated). If you are unable to participate in the live session, you can still watch the recorded session, but you will not be eligible for CPE credits. Those eligible for credits will receive their certificate by email with 7 business days.

For more information regarding NSAC CLNs or administrative policies such as complaint and refund, contact the NSAC Headquarters, 7946 Clyo Road, Suite A, Centerville, OH 45459, 937-222-6707, or info@nsacoop.org.