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Ascension CPA • Blog: Oil & Gas Accounting

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Work in the Oilfield? Reduce Your Taxes with an S Corp

Workers in the oil and gas industry often overpay their taxes. Why? Because they don’t..

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The Ins and Outs of Per Diems for Oil & Gas Landmen

There is great freedom in being an independent oil and gas landman, but for the..

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5 Landman Tax Deductions

Why do landmen so often pay more than they have to when it comes to their taxes? Whenever..

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Oil and Gas Accounting Methods: Successful Efforts (SE) v. Full Cost (FC) & What You Need To Know

Oil and gas are industries that we are well-versed in, which means we understand the..

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