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"DJC,Yes, operators issue division orders following the completion of a new well or i…"

Patrick Flueckiger replied on Thursday to Allocation Wells

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Cost Depletion: A Valuable Tax Deduction for Royalty Owners

Posted by Patrick Flueckiger on February 12, 2018 at 10:45am 0 Comments

 The Internal Revenue Code allows a deduction known as “depletion” for oil & gas income. The depletion deduction could save a taxpayer thousands of dollars in income taxes. Since a mineral interest runs out…



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