Accounting for Energy Companies
Tax planning and financial services for the oil & gas industry
The energy industry faces a unique set of financial challenges and opportunities with fluctuating costs and economic pressures. Businesses and individuals need a trusted advisor with a deep understanding of accounting for oil and gas companies—and the industry as a whole—to ensure compliance and manage risk.
At 415 Group, our experience with business accounting services for energy companies spans across each segment of the energy industry, from traditional sources, like coal and natural gas, to renewable energy sources, like solar and wind. We work with suppliers, contractors, mineral owners, licensed operators and drillers throughout Northeast Ohio.
As the Utica and Marcellus shale production increases across Ohio, Pennsylvania and West Virginia, taxation continues to be a focus of state and federal lawmakers. Businesses and individuals need to have the best information available to guarantee compliance. At 415 Group, we can make sure everything is covered.
With decades of experience in the oil and gas industry, we provide expertise in income taxation and planning, including mineral and land management, capital pooling and drilling, as well as the development and management of well operations.
Oil & Gas Tax Accounting Expertise
As certified public accountants and business consultants, we assist with a variety of services for oil well accounting, oil and gas tax accounting, and accounting for energy companies, including:
- Tax planning and preparation
- Joint venture structuring
- Business entity selection
- Attestation services
- Cost projections
- Mineral and land management
- Capital pooling and drilling
- Development and management of well operations
- Oil well accounting
- And more
To request a consultation or to learn more about our work in the energy industry, complete the form below.
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Healthcare
We focus on tax strategy, profitability and efficiency at your medical practice, so you can prioritize patient care.
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Nonprofit
Our CPAs specialize in tax-exempt issues, and we have a deep understanding of the operational challenges that many nonprofits face, such as working with limited resources and adhering to complex regulations.
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Manufacturing & Distribution
We provide the reliable business accounting and trusted business consulting you need to keep your company competitive and increase profit margins.
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Construction & Contracting
With expertise in construction accounting and advisory services, as well as fund management, we maintain relationships with bonding agents, sureties, banks and other financial institutions.
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Real Estate
As markets shift and IRS guidance changes, our CPAs and real estate tax advisors will assist with tax planning and implementation to mitigate your risk.
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Professional Service Firms
We work with insurance agencies, engineering firms, architecture firms and law practices throughout Northeast Ohio to manage cash flow, improve profitability and position for growth.
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Franchise
Whether you’re an experienced franchise owner or simply exploring the possibility, we’ll work with you to determine the best financial plan for your business.
