Our Thoughts On Archive

Are Energy Companies Eligible for the Employee Retention Credit?

Learn more about whether or not energy companies are eligible for the recently expanded Employee Retention Credit.

Large Declines Expected for 2020 PA Impact Fee Collections

In early January, the Pennsylvania Independent Fiscal Office (PA IFO) released its impact fee estimate for 2020. Total impact fee revenues are expected

Oil & Gas New 1099 Reporting Requirement - Form 1099-NEC

Learn more about the new reporting requirement form 1099-NEC for nonemployee compensation by the IRS.

179D Energy Efficient Commercial Building Deduction Made Permanent

Learn more about the passing of the Consolidated Appropriations Act and the provision of which makes the Energy Efficient Commercial Building Deduction (179D) permanent

IRS Announces 2019 Marginal Well Credit

Natural gas well owners holding an operating interest in a qualified marginal well during 2019 are eligible to claim a credit of $0.08 per qualified MCF

Natural Gas Rig Count Declines in Major Basins

Natural gas rig count is often viewed as an indicator of future gas production. An increase in rigs leads to an increase in the amount of wells from which