Posts by Jim Fracker, CPA:
- Acquisition/exploration/production companies and supporting casts
- Landowner/mineral interest entities (“lease holders”) Read the rest of this entry “
New Tax on Shale-Related Rent Monies and Landowner Royalty Payments
May 22nd, 2013If you receive shale-related advance rent monies or landowner royalty payments from an existing well, you should be aware of a potential increase in tax that may hit in 2013. With the passing of the Patient Protection Act, a new tax provision took effect in 2013 – and it could impact the amount of tax you need to pay when you receive your royalty and rent payments. Read the rest of this entry “
Are You Ready For FASB 715-80 Disclosures?
December 13th, 2012From ERISA fee disclosures to benefit limitation regulations, 2012 has been a year of regulations for retirement plans. If your company offers a retirement plan, you may feel like you’ve spent the whole year jumping through the hoops that regulators threw at you. Bad news, you might have one more hoop to hop. Read the rest of this entry “
How Can Lease Holders Benefit from the Utica Shale Play?
October 5th, 2012Much has been written about the Utica shale development phenomena since it first arrived on the scene in eastern Ohio. The topics of discussion are numerous and include tax planning and environmental impact, just to name a few. But, for the most part, discussion of the Utica shale involves two main parties of interest:
