Forming and operating a cooperative is different from establishing and running any other type of entity. 

Tax regulations specific to cooperatives can be difficult to navigate as well as constantly changing financial standards and regulations. At Herbein + Company, Inc., we have decades of experience guiding cooperatives through these challenges.

We are viewed as a national thought leader regarding cooperatives and our dedicated team is actively involved in several cooperative organizations including The National Council of Farmer Cooperatives (NCFC) and the National Society of Accountants for Cooperatives (NSAC).
Specific ways we have helped cooperatives include:

  • Setting up a self-insurance captive entity among cooperative members to save significantly on insurance costs
  • Advising on the capital structure of cooperatives
  • Benchmarking projects
  • Familiar with the cooperative IRS Subchapter T Cooperatives Tax Code
  • Familiar with Section 199 treatment for cooperatives
  • Assist with calculations of special equity distributions