Insights & Resources

Received a Schedule K-1 with upstream oil income? Learn the five key steps to ensure accurate reporting, including deductions for IDC, depletion and asset sales.

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

For venture capital fund managers, understanding the Qualified Small Business Stock (QSBS) exemption presents a lucrative opportunity. Learn more in this overview.

FinCEN suspends Corporate Transparency Act reporting deadlines following order granting a preliminary injunction in federal district court in Texas.

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

Selecting an entity type in real estate is often decided by issues like tax flexibility. Here are some of the key considerations to keep in mind.

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.

Learn how ASU 2023-09 enhances income tax disclosures with new rate reconciliation and cash flow reporting requirements for public entities.

S corps can create tax challenges for real estate owners — from limited ownership options to restrictions on 1031 exchanges and loss deductions.

Due diligence is a crucial step in any merger and acquisition process. This can be especially challenging for Software-as-a-Service (SaaS) companies.