Oil and Gas

Multistate Tax Resources, LLC has a strong background with oil and gas. No matter if you are a field service provider, hold a participating interest or are a large producer we can offer you the necessary tools to operate your business or investment. We have a high level or knowledge about the inner workings and operation of the oil and gas business. Our knowledge base and methods of assistance include but are not limited too:

  • Entity Selection
  • Cost and Percentage Depletion
  • Intangible Drilling Costs (IDCs)
  • Depreciation and Amortization Methods
  • Accountable Plan Per-diem Issues
  • Employment and Independent Contractor Issues
  • State Nexus Issues
  • Multistate Tax Planning
  • Business and Individual Consulting and Tax Planning
  • Consulting and Assisting in the Purchase or Sale of an Existing Business
For more information please visit our sister company website at Oilfield Tax Services, LLC.