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1 Mississippi Valley Chapter FALL 2018 NEWSLETTER BOARD MEMBERS AND NATIONAL DIRECTORS CHAPTER PRESIDENT S MESSAGE Board Members Mike Regan President mike.regan@bergankdv.com (319) Bill Harrison Vice-President bharrison@growmark.com (309) Chad Degenhart Secretary cdegenhart@heritagefs.com (815) Jody Underwood Treasurer junderwood@growmark.com (309) Sam Graber - Director sgraber@fbtlaw.com (502) John Rassi Director john.rassi@claconnect.com (309) Glenda Postin - Director gpostin@sunriseagservice.com (217) David Schahl Director david.schahl@claconnect.com (309) Jeff Raetz Director JRaetz@mfa-inc.com (573) Juliana Hardy - Director jhardy@cobank.com (314) National Directors Mark Feldman mark.feldman@crowehorwath.com (574) Emery Lewis elewis@cobank.com (502) Greetings, It s November, and I hope everyone is enjoying the autumn colors. It s hard to believe we are already nearing the end of 2018! The Board has begun planning the 2019 Chapter Meeting to be held June Based on rotation of locales within our Chapter s geography, we are looking at a location in Missouri. We have narrowed the location to the Lake of the Ozarks, with more details to follow on the specific hotel or resort location in an upcoming newsletter. In addition to some great learning topics, we re looking into some fun activities such as a boat cruise on the lake (families are welcome!) and golf on Sunday afternoon June 23. Be on the lookout for communications from NSAC regarding further details. Please remember that the national NSAC office offers a variety of webinars through its cooperative learning network (CLN) which qualify for CPE credits. Recently, NSAC began offering all CLN s free of charge to members of NSAC. If you are interested in learning more or viewing upcoming topics, visit the following link: Please feel free to contact me or any Board member if you have any input on the 2019 Chapter meeting, or any suggestions for Chapter activities. We would love to hear from you. Have a great rest of the year as we approach the Holiday Season! Regards, Mike Regan Mississippi Valley Chapter President
2 NSAC CLN UPCOMING WORKSHOPS 1099: Increased Reporting Pressure Date: Tuesday, November 27, 2018 Time: 02:00 PM EST / 01:00 PM CST / 12:00 PM MST / 11:00 AM PST Presenter(s): Tara Guler, Baker Tilly and Jared Kempel, Baker Tilly Objective: The IRS has been increasing its identification number matching for 1099 reporting. This has caused an increase in notices and penalties issued to taxpayers. In this session we will discuss the 1099 penalties, how to deal with a notice and steps that can be taken to obtain proper 1099 reporting information. Field of Study: Taxes Personal Leadership Difference! Date: Tuesday, December 04, 2018 Time: 11:00 AM EST / 10:00 AM CST / 09:00 AM MST / 08:00 AM PST Presenter(s): Bud Kulesza Objective: The personal leadership difference is the difference between success and mediocrity. This interactive workshop will explore the personal use of leadership to move you, your career, and life forward. While most leadership presentations focus on how to influence and motivate others this presentation focuses on YOU! In order to be able to lead others you must first be able to lead yourself down the path for success and happiness on the job and in your personal life. Field of Study: Personal Development
3 NSAC CLN UPCOMING WORKSHOPS Deferred Taxes and Implications Date: Thursday, December 13, 2018 Time: 02:00 PM ET / 01:00 PM CT / 12:00 PM MT / 11:00 AM PT [Prevailing Time] Presenter(s): Bryanna Fredericks - Herbein+Company & Rebecca Smith - CLA Objective: This session will provide an overview of deferred taxes? purpose, recognition exceptions, and valuation allowance recognition. The speakers will also provide an update on recent accounting and tax changes impacting deferred taxes including specific deferred tax considerations with respect to cooperatives, including booking of deferrals. Session will include a financial statement presentation and disclosure for cooperatives Field of Study: Taxes Protect This House: Legal Risks from an In-House Counsel Point of View Date: Wednesday, January 09, 2019 Time: 11:00 AM ET / 10:00 AM CT / 09:00 AM MT / 08:00 AM PT [Prevailing Time] Presenter(s): Cody Ott, Triangle Insurance Objective: This presentation will highlight a few of the key legal risks that affect every organization, large or small. Cody will discuss key contract provisions that everyone should understand and analyze closely, as well as discussing the dangers that come with electronic communications in the modern workplace. Field of Study: Business Law FOR ALL UPCOMING CLNs PLEASE VISIT:
4 \ LinkedIn If you aren t a member of LinkedIn yet, take a minute to set up an account and If you are a member of LinkedIn please make sure to join the Mississippi Valley Chapter group by either searching NSAC Mississippi Valley Chapter or follow the link below: USDA TOP 100 AGRICULTURAL COOPERATIVES Most recent list of the top 100 AG Cooperatives
5 TREASURER S REPORT as of August 31,2018
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