Webcast: Oil and Gas Taxation - Issues and Update
The current federal tax laws are favorable for oil and gas producers. The current law recognizes the high-risk, capital-intensive nature of the industry with provisions such as two-year amortization for certain exploration costs, expensing intangible drilling costs, percentage depletion, abandonment losses, and favorable capital gains rates. This course is designed to explore and examine these favorable tax provisions to determine when they apply and how to maximize the tax benefits they provide. Participants will also be updated on the latest federal tax law changes, cases, rulings, and procedures that affect oil and gas producers.
ASCPA Live Online Webcast
Phoenix, AZ 85034-6617