THE 2025 SEASON PASS INCLUDES THIS COURSE.
Do NOT purchase this course separately if you buy a 2025 PASS.
There has been an increase in taxpayers investing in oil and gas projects due to the special tax treatment for intangible drilling costs. However, there are complex alternative minimum tax issues that could substantially reduce the potential tax benefit. This webinar will provide an overview of the tax benefits from oil and gas investments while demonstrating the alternative minimum tax implications.
Learning Objectives:
Describe the federal tax treatment of intangible drilling costs.
Describe the alternative minimum tax treatment of intangible drilling costs.
Calculate the potential tax benefit from an oil and gas investment.
Demonstrate how oil and gas-related tax items are presented on the investor's tax return.
Education Information:
IRS Program Number: NMVBP-T-00297-25-O
Credit Hours: 1 CPE (NASBA); 1 CE (IRS)
Prerequisite: None
Advanced Preparation: Basic understanding of partnership tax principles
Program Level: Intermediate
Delivery Method: Group Internet Based (NASBA); Online Webinar (IRS)
Field of Study: Taxes (NASBA); Federal Tax Topics/Federal Tax Related Matters (IRS)
Instructor: Ryan Reichert, EA, CFP® Click here to learn more about this instructor.
Refund Policy: Refunds processed prior to noon ET the day before the live event are subject to a $25 processing fee. No refunds will be given for live webinars after noon ET the day before the event, but if you are unable to attend the live webinar for any reason you will be given access to the on demand webinar on the same topic. Click here for more information about our education, refund, and complaint policies.
