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On March 24, 2022, the Fifth Circuit Court of Appeals found the federal oil spill tax under IRC Section 4611(b) unconstitutional when imposed on exports of crude oil from the United States.
Tax requirements from the IRS and multiple states can keep you running in circles. That’s why you need Weaver. From initial planning through the final filing, Weaver can assist you with your federal and state returns, as well as quarterly payments and ongoing fixed asset changes.