Tax Opinion

Tax Advantages

Congressional Incentives Encourage Domestic Petroleum Development Oil and Natural gas from domestic reserves helps to make our country more energy [...]

IRS Announces 2018 Estate And Gift Tax Limits: $11.2 Million Per Couple

It’s official. For 2018, the estate and gift tax exemption is $5.6 million per individual, up from $5.49 million in 2017. That means an individual can leave [...]

Oil and Gas Tax Benefits

Direct participation in oil and gas can generate several tax benefits. These benefits range from large up front deductions for intangible drilling costs (IDC), [...]

Tax-Time Errors Filers Should Avoid

Mistakes on tax returns mean they take longer to process, which in turn, may cause your refund to arrive later. The IRS cautions against these nine common [...]

President Proposes 3-Year AMT Patch, Partial Relief on 1099s, Crackdown on Misclassification

President Barack Obama released his proposed budget for fiscal 2012 that would make several tax credits permanent, including the research and experimentation [...]

Why Tax Opinions Are Valuable

I write a significant number of tax opinions, so I admit I’m biased about their value. Even so, it surprises me how many people pay for a tax opinion [...]