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Insights & Resources

Start exploring insights from across the industries we serve, featuring the latest industry trends, compliance alerts, tax and accounting news and much more.

Learn about depletion deductions for oil & gas investors. Understand percentage and cost depletion, key tax benefits and the impact on taxable income.
Explore year-end considerations including the critical aspects of 45Z credits, ITC for biogas and strategies for clean fuel production credits.
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.
Discover how Apache Corporation v. United States affects the oil and gas industry, section 174 and R&D credits in this R&D Tax Talk.
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.
For many businesses, ASC 740 presents ongoing complexities as accounting for income taxes remains one of the most frequent drivers of restatements, control deficiencies and weaknesses due to a mixture of complex factors.
Accounting for CCS projects is a nuanced challenge, especially concerning lease considerations under ASC 842. This article aims to illuminate these complexities.
Explore how private equity is becoming a key player in the energy transition, with insights from Mike Collier on Weaver: Beyond the Numbers.
The first update since 1987 reflects technological advances in the energy industry and defines certain energy property added as part of the Inflation Reduction Act.
Discussion of the biogas industry and tax credits that can be obtained.
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