Ad Valorem is Latin for according to value. It’s something you need to think about if you operate in the oil and gas industry. Any income earned from the sale or lease of....
Intangible drilling cost is one of those large tax breakouts afforded by oil companies which lets them subtract the cost of drilling wells in the US. Generally, businesses in the oil and gas....
Oil and natural gas projects generate substantial tax benefits. Oil represents one of the exceptional tax-advantaged investments for big investors. It promises to stand alone above other commodities. As the United States government....
Since 1926, the Oil and Gas Depletion Deduction for small producers has been a part of the United States Federal tax code. Depletion represents a form of depreciation for mineral resources. It enables....
It is no stretch to affirm that the oil and gas business is a lucrative one. However, before dabbling into this industry, you need to acquaint yourself with how it works, including some....
When it comes to mineral rights taxes, there's a little something for everyone. Whether county, state, or federal, it's important to know where and how you're getting taxed on your mineral royalties to....
