Congressional Incentives Encourage Domestic Petroleum Development
Oil and Natural gas from domestic reserves helps to make our country more energy [...]
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 [...]
Direct participation in oil and gas can generate several tax benefits. These benefits range from large up front deductions for intangible drilling costs (IDC), [...]
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 Barack Obama released his proposed budget for fiscal 2012 that would make several tax credits permanent, including the research and experimentation [...]
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 [...]