Proposed rollback of renewable energy tax credits in President's bill threatens billions of dollars in investment, including ...

A Senate Republican wants to use his party’s budget package to get midsize oil and gas producers relief from taxes imposed on companies in the Democrats’ 2022 climate law. Oklahoma Sen. James ...

The foundation: IDC deduction. At the heart of these tax benefits lies the intangible drilling cost (IDC) deduction, a powerful tool that can transform the economics of oil and gas investments ...

Some Oklahoma lawmakers, Ryan Walters call for tax credit cap to be removed Lawmakers placed a $200 million cap on the program for 2024-25 and a $250 million cap for 2025-26.

Tax season officially kicks off as IRS and Oklahoma Tax Commission begin accepting tax forms AOC Is Running Out of Time 'Star Trek' Movies, Ranked From Worst to Best Volvo to cut 3,000 jobs amid ...

Financial advisors working with high net worth investors or other clients seeking diversification with tax savings should consider alternative investments in oil and gas, according to Matthew Iak, ...

At the hearing, the commission released the specific locations of where all 344 oil and gas sites were located across Weld County. As of Dec. 9, the commission has determined that 296 of the oil and ...

"We don't think these practices are isolated incidents," said Nelson. "There are 40 counties in what are now 16 judicial districts in eastern Oklahoma that have been approving Indian oil and gas ...

The tax landscape for oil and gas investments has never been more favorable. getty. In today’s ever-changing financial landscape, oil and gas investments offer savvy investors a unique opportunity.

The Oklahoma Tax Commission (OTC) is gearing up to roll out the parental choice tax credit for the 2025-2026 school year. According to the OTC, in the program’s first year, 36,000 applications ...

The Oklahoma Energy Resources Board, created by the Legislature in 1993, collects a 0.1% assessment on oil and gas production that functions like a tax on the state’s largest industry.