In our experience, and in accordance with the guidance of our CPA-Tax Attorney, only the depletion allowance has been used in preparing the Tax returns and minimizing tax liability. We have mineral interests in TX, OK, NM, and CO.
In our experience, and in accordance with the guidance of our CPA-Tax Attorney, only the depletion allowance has been used in preparing the Tax returns and minimizing tax liability. We have mineral interests in TX, OK, NM, and CO.