With over 30 years of experience serving the oil and gas industry, our firm offers a high level of expertise to this industry. Our team of professionals work in partnership with oil and gas companies and help them navigate the dynamic energy market and optimize their operations for maximum profitability. You can count on our firm to stay ahead of industry trends and apply our expertise of complex oil and gas accounting and tax rules to ensure your business stays in compliance. Let our dedicated team provide you with the specialized accounting, payroll and tax services required to help fuel your business success.
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For many business owners, September tends to bring a bit of a slowdown. The chaos of getting kids prepared for going back to school has passed, and a focus on saving money tends to kick in as people prepare for the coming holiday spend. Combined, this can often translate into a lull for business owners.
This is a friendly reminder that the Q3 tax estimate payment deadline is coming up fast. Be sure to make your payment by September 15, 2018 to avoid penalties. Currently, penalties for late or no payment average about 4 percent. And wouldn’t you rather keep that money in your pocket?
According to new rules from the Tax Cuts & Jobs Act, meals and entertainment tax-deductible expenses for businesses have undergone considerable reform. Because the explanations of new deduction guidelines can be confusing, we’ve created this brief outline for you. A visit with your accounting professional to ensure your Chart of Accounts is correct may also be beneficial.
