Tax & Royalty Compliance
"The only inevitable things in life are death and taxes."
Our Accounting Services include preparation of production and severance tax reports required by State agencies and royalty reports required by State, Federal and Tribal agencies. These reports often contain complexities for reporting commingled well allocations, unitized production areas and a variety of valuation methods, such as the "accounting for comparison" (often referred to as "dual accounting") that is required on many Tribal leases. We hope you will agree that these are things best left to the accountants!