Whether your company explores, drills, trades or markets petroleum or natural gas, your profitability is closely tied to the oil and gas industry’s operational nuances and unique tax situations. Oil and gas companies and their investors rely on Baker Tilly to manage bookkeeping and back-office processes, recommend tax strategies, and ultimately, provide insights and answers that drive success.
Baker Tilly’s team consists of professionals with sophisticated tax expertise, dedicated accounting and analytics and digital solutions experience within the oil and gas industry. With more than 35 years of experience, we help clients innovate to survive the never-ending changing economic conditions.
But our advantage is based on more than technical excellence. We have a collection of seasoned industry leaders working closely with our clients to provide strategic insights and answers that drive success.
Recent regulatory changes have provided significant tax savings opportunities for the oil and gas industry, in addition to some changes that could negatively impact those who don’t plan ahead. It’s important to map a strategic tax plan now to capture tax savings and minimize the negative impacts of lost tax breaks.Wesley Middleton, Managing Partner, CPA