Zachary Mangrum
  • Tomball, TX
  • United States
  • I'm a landman working for an…
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Zachary Mangrum's Page

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Tell us your Eagle Ford story...
I'm a landman working for an Eagle Ford operating company.

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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



Background:
 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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