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!

Who presents the information for one of these courses?
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.

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 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.learningmarket.org.

Delivery Method: Group-Live.

CLN Policies
Refunds for CLNs are not provided. Member registrants, if unable to participate, will be provided with a link to the PODCast. 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. Sessions include one Certificate of Attendance. Certificates for additional participants are $10.00 each.

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.
A computer, device and/or telephone are all the equipment you need.

CLNs are ideal for multiple attendees. Registrants may use a monitor and speakers/speakerphone and invite others to participate - at no extra cost to you. Additional attendees seeking CPE credit for viewing the session will incur a $10 fee per certificate request.

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

Accountable Plans
Date: Wednesday, May 09, 2018
Time: 11:00 AM ET / 10:00 AM CT / 09:00 AM MT / 08:00 AM PT [Prevailing Time]
Approximate Duration: 60 minutes
Presenter(s): John Denison; Adams, Jenkins & Chetham CPAs and Larry Ford; Adams, Jenkins & Cheatham CPAs
Objective: In this one hour session we will understand how Accountable (and Non‐Accountable) Plans affect reimbursements, allowances and advances ‐ and how to create and operate a respected Accountable Plan.
Field of Study: TBD
Program Level: Basic
CPE Credit: 1 Credit Hour
Delivery Method: Group-Live

No advanced preparation or prerequisites are required for this course.

Course Description
The IRS has been finding that many entities are either not familiar with the Accountable Plan rules, or are not following them. As a result the government has been applying more scrutiny to this issue and assessing large amounts of additional taxes and penalties. In this one hour session we will understand how Accountable (and Non‐Accountable) Plans affect reimbursements, allowances and advances ‐ and how to create and operate a respected Accountable Plan.

Presenter Bio(s)
Mr. John Denison is the Senior Director of Tax at Adams, Jenkins & Cheatham, PC, (AJC) in Midlothian Virginia. AJC is a CPA firm with over 50 audit and tax professionals and CPA's that specialize in audit, tax and consulting work primarily for private, closely held companies and their owners - including several electrical cooperatives. Mr. Denison is a Certified Public Accountant and an Attorney offering 25 years of tax and financial leadership experience, advising and growing privately owned companies (revenue sizes from $1 million to $1 billion). His focus is on communicating complex tax matters in a straight forward manner to effectively serve entrepreneurial executives and owners. He comes from a Big 4 accounting background and served as a tax partner with PwC and Cherry Bekaert, LP. In addition, Mr. Denison worked for two years as a CFO with a large family owned company and related Private Equity Fund. He is a frequent public speaker, has co-written articles and tax education material, and was an adjunct professor at UVA McIntire School (Tax Research). Expertise includes individual tax compliance and consulting, income tax accounting and tax provision work, mergers and acquisitions, succession planning and financial management for businesses and individuals.

Larry Ford retired from the Internal Revenue Service in January 2016 after a distinguished 36+ year career. He is currently the Director of the Tax Resolution Team at AJC (Adams, Jenkins and Cheatham, CPAs) in Midlothian, VA. Larry graduated from Roanoke College in Salem, Virginia with a Bachelor of Business Administration degree and is a Virginia Certified Public Accountant. His IRS career began as a Revenue Agent examining individual and business returns. While with the Examination Division he accepted positions of greater responsibility with the Quality Review Staff, successfully introduced the examination employees to the use of personal computers and implemented an electronic inventory control system in the Richmond District and Mid-Atlantic Region. Larry's next challenge came when he accepted the position of Appeals Officer in the IRS Office of Appeals. As an Appeals Officer, he negotiated tax settlements utilizing Hazards of Litigation. In 2001, at the request of the National President of the NTEU (National Treasury Employees Union) he served the team addressing IRS's reorganization of the Office of Appeals. After the reorganization, Larry worked in various management positions including Manager of Tax Computation Specialist, Area Director's Technical Advisor, Acting Area Director, and Acting Director of Finance. Larry completed his IRS career as Manager of Appeals Officers located in Virginia, West Virginia, Maryland and Washington, DC. Larry's instruction/teaching experience includes technical tax courses, software applications, management courses and the Becker CPA Review course.

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