Leading Texas Independent Energy Company ABC Energy Reveals the Ultimate Tax Advantaged Investment for 2021
With only 2 months left in the year, investors are looking at where they are going to invest their money, to best reduce any tax burdens they may have, and position themselves for 2020.
ABC Energy, a leading Texas energy company with a combined 50 years of oil and gas industry experience, believes the best place to invest right now, to both maximize tax deductions and potential profits, is the oil patch.
As the last couple of months of the year gets underway, investors are focused on how to best reduce 2020 tax liabilities and figure out how to best position themselves for 2021. In recent years, the number of investors considering oil and gas investments has grown significantly, yet still most Americans think the only way to invest in oil and gas is through the stock market, when in fact, it’s possible to share in the potential profits and tax deductions of the oil and gas industry, right alongside of oil and gas companies.
The ability to own and invest in oil and gas is something uniquely American. The United States is one of the only countries in the world where private citizens can own natural resources.
In an effort to make the United States less reliant on foreign sources of oil and gas, and to offset the risk associated with drilling domestic oil and gas wells, the U.S. Government offers oil and gas investors significant tax advantages that are unique to oil and gas investments.
Oil and gas drilling programs are specifically designed to generate various tax deductions from drilling and operating wells. These deductions include intangible drilling costs (IDC), depreciation and operating costs. In addition, when production is achieved, investors can claim a depletion deduction with respect to their share of the joint venture’s income from the oil and gas produced. That makes oil and gas investments the best tax deductions on the market, because those tax deductions actually come on top of producing wells.
Drilling for Oil and Gas Is the Very Best Tax Advantaged Investment (Newsweek Magazine)
ABC Energy, a leading Texas energy company, with a combined 50 years of oil and gas industry experience, believes the best place to invest right now, to both maximize tax deductions and potential profits, is the oil patch.
For accredited investors with a degree of risk tolerance, oil and gas well investing can lead to some pretty big profits and tax deductions. Additional information about potential profit and tax deduction investment opportunities can be found here- www.abcenergycompany.com (example site)
ABC Energy Company Overview:
ABC Energy Company is an acquisitions company based in Dallas, Texas, with over 50 years of energy industry experience, that specializes in buying undervalued oil and gas investment properties, with accredited individual and institutional investors.
The corporate office is located at 123 Oil and Gas Blvd., Dallas, TX 12345. Our specialty is participating in lower risk, tax favorable oil and natural gas field development and exploratory drilling programs.
ABC Energy Company is typically able to participate alongside large public companies drilling in productive areas where additional reserves are likely to be discovered. After 50 years of energy industry experience, we have learned what works and what does not. Following this disciplined pre-screening approach, which includes: utilization of 3D seismic technology, detailed field analysis, state record searches, working with the right oil well drilling companies, independent third party reviews and partnering with proven industry leaders, provides the highest odds for success.
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