Tax Reform

Details of tax reform legislation revealed

The House Ways and Means Committee released draft tax reform legislation on Thursday. The Tax Cuts and Jobs Act, H.R. 1, incorporates many of the provisions [...]

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 Reform Road Map for the Middle Market

As the pace of serious discussions on tax reform picks up, it is evident that small businesses and global multinationals are making their voices heard, while [...]

Pathway to tax reform

Pathway to tax reform Congress considers plan for pursuing comprehensive tax reform in 2013. August 9, 2012 By Annette Nellen, Esq., CPA To date, [...]