Insights & Resources

Wyoming House Bill 11 expands the manufacturing sales and use tax exemptions. We break down what this means for businesses operating in Wyoming.

Explore the top five impacts tariffs may have on your business taxes and learn steps and key strategies to manage costs, credits and compliance.

Texas’ direct pay permits can streamline tax compliance, improve cash flow and reduce costs for oil and gas companies.

The National Association of Manufacturers (NAM) has released its Q4 Manufacturers’ Survey. Learn more about what it means for leadership in 2025.

In the oil and gas industry, an asset might be sold outright or as a disregarded entity, which is treated the same for federal income tax purposes.

With 2024 coming to a close, time is running out for manufacturing companies to take advantage of many year-end tax benefits.

Learn about depletion deductions for oil & gas investors. Understand percentage and cost depletion, key tax benefits and the impact on taxable income.

IRS Notice 2024-52 confirmed the Marginal Well Credit applies in 2024, offering $0.77 per Mcf for qualified natural gas from marginal wells.

Discover how gas stations with c-stores qualify for bonus depreciation under the retail motor fuel outlet exception.

Oil and gas prices have had their ups and down in recent years. Severance tax credits for “marginal” wells are available but are set to expire soon. Learn more.

Federal and state governments issued fuel tax relief after Hurricane Helene, including IRS dyed diesel penalty waivers, temporary licensing and IFTA suspensions.

Discover key insights from NAM's Q2 2024 survey on manufacturing industry challenges, workforce issues and the impact of potential tax increases.