AHC Attorney David Cook Presents on Capital Credits and Cooperative Tax

AHC attorney David Cook will present at the National Telecommunications Cooperative Association’s Finance and Accounting Conference concerning two important topics for telecommunications and telephone cooperatives.  He will discuss “Strategies for Managing Capital Credits” and “Handling Large Gains and Losses.”  Here …

Lender Discusses Differences Between Broadband and Electric Service

The following article is reprinted from CFC Solutions News Bulletin (17 January 2018, Volume 19, Number 2).

With more electric cooperatives looking into providing broadband service to unserved and underserved rural communities, CFC Senior Vice President for Member Services Joel …

Utility coops partner to bring members ‘up to speed’ with broadband access

Most Americans have multiple high-speed wireless choices when it comes to Internet access but many residents living in the less-populated, more rural parts still have to rely on 90s technology, i.e. dial-up, for their data needs. Now, cooperatives that have …

Cooperative Tax Brief: Federated Telecommunications Cooperative Denied Exemption


To view this Autry Cole Cooperative Tax Brief as a PDF, click here.


 The IRS has rejected an organization’s application for exemption under Section 501(c)(12), even though the organization was organized under a state’s cooperative statute and provided services …

Discounted Capital Credits and the Member Income Test: The Creation of a New Equity Account

Cooperatives have been given conflicting guidance from the IRS concerning the proper treatment of discounting of capital credits.  Specifically, some pronouncements indicate that the discount (i.e., the difference between face value and present value) should be treated as non-member income …

AHC Cooperative Tax Brief: Telephone Cooperative’s Sale of Subsidiary

In the latest cooperative tax ruling, the Service ruled that a cooperative’s (“Cooperative”) gain on sale of stock in corporations that offered services to Cooperative’s members was patronage-sourced.  The ruling was important to Cooperative because it expected to fail the …

Guest Blog: Preparing Your Cooperative Staff for an Election

This blog post was prepared by guest blogger Tim Madsen of Survey & Ballot Systems. 

A cooperative, by definition, is an association of people voluntarily united to meet a common goal through democratic process and voluntary membership. Democratic cooperative governance …

IRS Provides Guidance on Member Income Test for Telephone Cooperatives

The latest Cooperative Tax Brief discusses a recent technical advice memorandum concerning the Member Income Test for Telephone Cooperatives.  The Service ruled that funds received by a telephone cooperative from two universal service funds were income to the cooperative, but …