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Latest Discussions From NSAC's Member Community

RE: PPP loan forgiveness / patronage income

By: Richard Sackin, CPA , an hour ago

Posted in: NSAC Member Community

I believe it should be prorated between path and no patronage since expenses it paid for were on both category . But I am looking for input can it be distributed if co pop distributed based on taxable income since permanent difference. ...
RE: PPP loan forgiveness / patronage income

By: George Gray , 19 hours ago

Posted in: NSAC Member Community

We took the position last year that it was not. We felt it was totally entity related – had nothing to do with members etc. Have a great day! Best Regards, George R. Gray, CPA Compucount, Inc. 341 VT Rt 66 PO Box ...
PPP loan forgiveness / patronage income

By: Van Baldwin , 20 hours ago

Posted in: NSAC Member Community

Does anyone have any "definitive" thoughts about whether PPP loan forgiveness (GAAP) income) is patronage-related? Van (Berkeley) ------------------------------ Van Baldwin Sole Practitioner Baldwin, Van P., Atty-at-Law, CPA Berkeley CA (510) 548-2659 ...
Climate change and how cooperatives can help

By: Colette Slade , 21 hours ago

Posted in: NSAC Member Community

https://ncbaclusa.coop/blog/conversations-around-co-op-identity-and-climate-change-anchor-world-cooperative-congress/ ------------------------------ Colette L Slade, MSA Ann Arbor, Michigan ------------------------------

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New Member Welcome

By: NSAC HQ

Please join us in welcoming the NSAC's newest members! -Jake Dalnes, Mahoney CPAs and Advisors -Darren Fetzer, Mahoney CPAs and Advisors -Lynsey Fuller, Mid-Plains Rural Telephone Cooperative Welcome to the NSAC family! We're so happy to have you!
Save The Date: 2022 Tax, Finance & Accounting Conference for Cooperatives

By: NSAC HQ

Make sure you save the date for the 2022 Tax, Finance & Accounting Conference for Cooperatives! The conference is being held IN-PERSON in San Antonio from July 31-August 3, 2022. TFACC is the premier national conference for cooperative tax, finance and accounting professionals. TFACC is a can't miss ...
New Member Welcome

By: NSAC HQ

The NSAC is happy to introduce its newest members! -Misty Haynes, Rutherford Electric Membership Corporation -Tracy Bowman, Lamb County Electric Cooperative, Inc. -Gonzalo Duran, Grange Cooperative Supply Association -Ryan Bacon, Countrymark Cooperative Holding Corporation Welcome to the NSAC!

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