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Announcements

  • New Member Welcome (5/16/22)

    NSAC is excited to welcome aboard its new members!

    -Andrew Smith, CLA
    -Bill Stegelmeier, Select Sires MidAmerica
    -Elizabeth Sokol, Frontier Co-op
    -Dawn Harrelson, Maplehurst Farms Inc.
    -Travis Brooks, CountryMark
    -Michele Jacobs, Hood River Supply Association
    -Sierra Staten, Douglas County Farmers Co-op
    -Taylor Vandecoevering, PayneWest Insurance
    -Kreighton Edmonds, Scofield & Scofield PC
    -Deb Loeffler, Crystal Valley Cooperative
    -Megan Forsman, All West Select Sires

    We look forward to watching you grow!
  • New Member Welcome (5/9/22)

    Please say hello to NSAC's new members! 

    -Jerry Weathersby, Cullman Electric Cooperative
    -Adam Hargett, Randolph EMC
    -Ashley Hataway, Covington Electric Cooperative Inc.
    -Brad Pavwoski, Cherryland Electric Cooperative 
    -Carol Boeland, Hennen & Associates 
    -David Speicher, Union Rural Electric Cooperative Inc.
    -Jackie Grass, CoServ Electric 
    -Janet Nelson, Runestone Electric Association 
    -Lance Lehigh, San Miguel Power Association 
    -Michael Johnson, Brady Martz & Associates 
    -Monica Rodriguez, La Plata Electric Association Inc.
    -Tara Neisen, Adams Electric Cooperative 
    -Cynthia Zhu, CLA
    -Dan Bastian, CLA
    -Harrison White, Northwest Grain Growers Inc.
    -Regina Castro, Pacific Coast Producers 
    -Amy Fisher, North Iowa Cooperative 
    -Lorisa Rudolph, Northern Electric Cooperative 
    -Chloe Carmack, Kanza Cooperative Association 
    -Dana McGehee, Trico Electric Cooperative Inc.
    -Ryan Dickerson, Central Virginia Electric Coop
    -Gerald Mashange, Kansas State University 
    -Amanda Dierking, Oklahoma Electric Cooperative 
    -Audrey Mittelstaedt, North Western Electric Coop Inc.
    -David Zorich, Eastern Iowa Light & Power Cooperative 
    -Linda Sextro, Three River Telco
    -Timothy Peters, Morrison & Company Consulting Inc.
    -Adriana Pena, Nueces Electric Cooperative 
    -Andrea Maher, Sulphur Springs Valley Electric Cooperative 
    -Brenda Christmas, Nueces Electric Cooperative 
    -Cossetti Durazo, Sulphur Springs Valley Electric Cooperative 
    -Jennifer Bingeman, NCC
    -Jennifer Downer, Sulphur Springs Valley Electric Cooperative 
    -Jillaine Eastridge, Sulphur Springs Valley Electric Cooperative 
    -Kathy Sy, Wonderful Pistachios and Almonds 
    -Mackenzie Chukwuyenum, Wasco Ellectric Cooperative Inc.
    -Marcel Arcay, Blue Diamond Growers 
    -Patricia Aguirre, Sulphur Springs Valley Electric Cooperative 
    -Rita Williams, Southeast Electric Cooperative Inc.
    -Ronald Lee, Sulphur Springs Valley Electric Cooperative 
    -Traci Goddard, Wheatland Electric Cooperative Inc.
    -Robert Farmer, Florida's Natural Growers 
    -Andrea Byrum, ARCOS
    -Geoff Chinnock, Butte County Rice Growers 
    -Nicholas Smith, DEMCO
    -Luke Greden, CLA

    Thank you for joining! We look forward to connecting with you.
  • Registration Open for 2022 Tax Finance & Accounting Conference for Cooperatives (TFACC)

    After two years of virtual meetings, we are excited to be back in-person, in San Antonio, Texas, July 31- August 3, 2022. Registration is now open! TFACC is the premier national conference for cooperative tax, finance and accounting professionals. This program offers proven strategies, tools and resources to help your co-op increase efficiencies, improve financial controls, streamline regulatory compliance and make transactions manageable. Don't miss this opportunity to connect and collaborate with other finance professionals in the industry. 

    Can't make it to San Antonio? There's a virtual option!

Happenings

  • Posted in: All-Member Community

    Delegating is far more than just assigning tasks to others. "It's not just about shuffling things around. It frees you up to work on things that are highest and best use for your level," said Tamera Loerzel, a partner with ConvergenceCoaching LLC in Prior Lake, Minn. "It also offers crucial opportunities ...

  • Posted in: All-Member Community

    Originally published in The Cooperative Accountant , Spring 2022 Issue Research Credit Update The federal Section 41 Credit for Increasing Research Activities (“R&D Credit”) is an intriguing opportunity for cooperatives to claim a dollar-for-dollar tax credit against their tax liability ...

  • Posted in: All-Member Community

    The IRS issued sharply higher new depreciation limitations for passenger automobiles, reflecting inflation of vehicle prices in the past year. These limits are updated annually for inflation according to the automobile component of the chained consumer price index for urban consumers. Rev. Proc. 2022-17 ...

  • Posted in: All-Member Community

    The COVID-19 pandemic has brought numerous changes to our daily lives, including the workforce, which saw a significant shift. The finance and accounting sector, in particular, has been deeply affected as the pace of the modern workplace was exacerbated by COVID-19 and has become a pressure cooker ...

  • Posted in: All-Member Community

    Originally published in The Cooperative Accountant , Spring 2022 Issue FASB AMENDS THE LEASE STANDARD TO ALLOW LESSEES THAT ARE NOT PUBLIC BUSINESSES GREATER FLEXIBILITY IN APPLYING INTEREST RATE SELECTION On November 11, 2021, the Financial Accounting Standards Board (FASB) issued an Accounting ...