Steve Kelly
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  • Iowa Park, TX
  • United States
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At 12:26pm on October 11, 2011, Keith (Site Publisher) said…
Welcome Steve! Thanks for joining. What do you do in the industry?

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Blog Posts

Cost Depletion: A Valuable Tax Deduction for Royalty Owners

Posted by Patrick Flueckiger on February 12, 2018 at 10:30am 0 Comments



Owners of minerals and royalties may be interested to learn that the Internal Revenue Code "IRC" allows a deduction known as “depletion” for oil & gas income. The depletion deduction could significantly reduce a royalty owner's…

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