Oil & Gas

A Research and Development (R&D) credit claim could be your company’s passport to reduced tax liability – and it’s all thanks to one rather underused tax incentive.  The R&D Tax [...]

From operating our vehicles to warming our homes, oil and gas is one the most commonly used and important commodities in the world. In 2014, oil provided approximately 38% of the world’s energy [...]

Believed to be the engine of job creation in the United States, small businesses are fundamentally the basic building blocks of our economy. Their value and the role they play in our economy is [...]

This case study shows the application of key legislative requirements for qualifying R&D activities as they apply to relevant activities in the oil and gas industry.  Business Scenario Burrow [...]

The oil industry, with its history of booms and busts, has been reported to be in its deepest downturn since the 1990s, if not earlier. The cause is the plunging price of a barrel of oil, which [...]

Globally, the oil and gas sector continues to experience price volatility, however, is this current environment fueling opportunities for innovation? A new report, Innovating in a New [...]

From operating our vehicles to warming our homes, oil and gas is one the most commonly used and important commodities in the world. In 2014, oil provided approximately 38% of the world’s energy [...]

The fallen oil prices have triggered new creativity in oil companies when finding ways to get the most bang for their buck. Unlike the past when oil companies were focused on drilling LOTS of oil [...]

Initially, the R&D tax credit was primarily used for technological and biomedical research when it was introduced by congress over thirty years ago. Since its first introduction the tax [...]