Access CLN Recordings

What is NSAC's Cooperative Learning Network?
The NSAC Cooperative Learning Network is a live, interactive webinar, and you can attend from any location with internet and/or telephone access. NSAC members can attend an unlimited number of CLNs at no charge!

Each Cooperative Learning Network will have one or more speakers who are recognized experts on the topic. CLNs typically include a Q&A session where participants can ask questions live or by chat. No advance preparation or prerequisites are required, unless otherwise stated in the course information. Attendees are able to download copies of the slides and/or handouts and are provided a link to view the recording (unless the description states the session will not be recorded). These tools help continue your learning experience after the session.

CPE Credits
The National Society of Accountants for Cooperatives (NSAC) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor (#103068) of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

Delivery Method: Group-Internet Based.

CLN Policies
Refunds for CLNs are not provided. All registrant will be provided with a link to the PODCast which can be viewed if they are unable to participate. Note PODCasts are not eligible for CPE credit.

For more information regarding refund, complaint and/or CLN cancellation policies, please contact our offices at (937) 222-6707 or info@nsacoop.org.

What does my registration include? Your registration includes long-distance charges for the audio portion and log-in to the video presentation.

All handouts and presentation files are downloadable and may be printed out or saved to the participant's computer once they are logged in to the course meeting room.

A single registration for the CLN will include one Certificate of Attendance.

Every attendee must have a separate registration.

Why NSAC Cooperative Learning Networks?

Fast.
No wasted time. Get right to the heart of the matter in a course designed to easily fit into your busy schedule.

Convenient.
No travel. No time out of the office. Listen and follow along from the comfort and convenience of your desk, device or conference room.

Easy.
An internet connection through a computer, device and/or telephone are all the equipment you need.

CLNs are ideal for individuals needing current information focused on Cooperatives.

Members can attend unlimited sessions for no additional fee.

Nonmembers are required to pay a nonmember fee.

Affordable.
NSAC Cooperative Learning Networks are free for members and available to non members at a fraction of the cost of travel and attendance fees for other high-priced conferences or seminars.

For more information contact the National Office at 937-222-6707 or email to: info@nsacoop.org

Cooperative Learning Network

Update and Review of the form 1099-PATR
Date: Thursday, December 10, 2020
Time: 02:00 PM ET / 01:00 PM CT / 12:00 PM MT / 11:00 AM PT [Prevailing Time]
Approximate Duration: 60 minutes
Presenter(s): Nick Falk, CPA Manager Tax Services RSM, Brent Knoche, CPA Shareholder, Lindburg, Vogel, Pierce, Faris, Chartered, Eric Krienert, CPA, Partner Moss Adams, LLP Rebecca Smith, CPA, Director ClfitonLarsonAllen, LLP
Objective: Go over what is new on the 2020 form.
Review of what amounts goes into box 3, per-unit retain allocations.
Review of what amounts goes into the new box 7 Qualified payments, box 8 section 199A(a) qualified items and box 9 section 199A(a) specified service trade or business items.
Field of Study: Tax
Program Level: Basic
CPE Credit: 1 Credit Hour
Delivery Method: Group-Internet Based

No advanced preparation or prerequisites are required for this course.

Course Description
Form 1099-PATR reporting for 2020 is on the horizon again and with that comes some changes. We will go through the changes between the 2019 and 2020 form as well as discuss some new reporting for 2020 in boxes 8 and 9 . In addition we will review what is reported in box 3, per-unit retain allocations and Box 7, qualified payments.

Presenter Bio(s)
Nick provides tax compliance and consultation services to a variety of public sector entities. He focuses primarily on food and beverage and construction clients. He is a subject matter expert in subchapter T and section 521 cooperatives. He has both authored articles and has done speaking engagement in this area. Nick has practiced in public accounting for more than 15 years.
In his current role, Nick delivers advice and consultation regarding complex taxation matters, manages engagement teams, and prepares tax research and tax positions.

Brent Knoche is currently is a Tax Shareholder at the public accounting firm Lindburg Vogel Pierce Faris, Chartered. Brent has extensive experience as a Tax Accountant. Before moving to Hutchinson to practice as a Tax Accountant for Lindburg Vogel Pierce Faris in 2009, he practiced as a Tax Accountant at Francis S. Franke & Company, PA for six tax seasons in Kansas City, MO. He holds bachelor’s degrees in Accounting and Finance earned from Fort Hays State University. Brent is also a Certified Public Accountant licensed to practice in the State of Kansas.

Eric Krienert, CPA has worked in public accounting since 1997. He is experienced in tax planning and consulting for large partnerships and corporations in the food and agriculture industries, but his specialty lies in cooperatives. He provides services related to patronage philosophy and formulating patronage allocation programs based on book, tax, and hybrid programs; equity planning; mergers and acquisitions, joint ventures, and other combinations; non-qualified equities; and domestic manufacturing deduction and taxation.

Rebecca Smith, CPA has an extensive background providing tax planning and compliance for privately held companies, serving primarily cooperatives and the agribusiness industry. She works with clients on federal and state strategic tax planning, equity planning and management, maximizing cooperative and patron benefits, business structure consulting, and provides representation before the IRS and other state taxing authorities

Registration

REGISTER NOW

Registrations are completed on-line. Include the name(s) of the course(s) for which you would like to register and the email address of the primary registrant, to which program information should be forwarded. Log-in details will be emailed to primary registrants one day prior to each course.


Fees and Payment Procedures

  • The fee for each primary NSAC member participant login location is complimentary.
  • The fee for each primary non-member participant login location is $56.00.
  • Each primary registration includes one CPE certificate.
  • Non-members must pay online, or prior to the session.
  • Every attendee is required to have a primary registration.

Delivery System

  • All programs will be delivered using the Zoom platform for CLN’s. Registrants will receive login instructions in advance by email and the virtual meeting room will open 20 minutes prior to the CLN start time. We recommend participants log-in 15 minutes prior to the start, allowing enough time to download and print any documents you wish to have available during the session presentation. It is recommended that you test your computer prior to attending a meeting.
  • All participants should have Internet access (high speed access recommended but not required) and an audio connection via either speakers or phone.
  • Assistance is available with procedural, downloading or connection issues 20 minutes prior to the start of the presentation.

Refund Policy

NSAC will not issue refunds for a Cooperative Learning Network registration. If a registrant is unable to participate in the Cooperative Learning Network, registrant will be given a credit toward another CLN or he/she will receive a link to the session’s Webcast.

Tip: Viewing the Webcast does not qualify for CPE credit.

Log Ins

Participants can log-into a course 20 minutes prior to the start time of the session. If available, you may then download related files. Course materials will also be sent via email to all registered attendees, within 72 hours of the CLN, unless otherwise noted. If you experience difficulty downloading please call our office at (937) 222-6707 or email info@nsacoop.org. For those registrants who may experience difficulty logging in to the video portion of the Cooperative Learning Network session, the audio can still be accessed by phone.

Webcasts:

Webcasts are available within three business days after the CLN. CPE is not available for viewing of the recorded session.

Additional Information

For more information regarding this series or administrative policies such as complaint and refund, please contact the NSAC National offices, 136 S. Keowee St., Dayton, OH 45402, 937-222-6707, email: info@nsacoop.org

The National Society of Accountants for Cooperatives (NSAC) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org