Given the Energy industry operates in a global marketplace, leaders must be able to react efficiently and quickly to changes in regulatory actions and economic conditions. This makes it vital to work with accounting professionals who already have deep industry knowledge and can offer insightful guidance without delays. Our team keeps pace with industry changes and challenges through continuing professional education, active participation in numerous trade associations, and regularly scheduled internal industry group meetings.
The LaPorte Energy Industry Group has supported exploration and production companies, oilfield service companies, maritime vessel companies, royalty and working-interest owners and other energy sector professionals throughout the lifecycle of their needs. In addition, our multidisciplinary professionals also have experience working with PEGs and understand their need for disciplined, efficient and thorough service due to the high level of cost accountability.
Our firm’s national alliance provides us access to resources throughout the U.S. and internationally, so we can meet the vast and growing needs of this far-reaching industry.
SERVICES TO INDUSTRY
- Audits, reviews, and tax services
- IPO and merger and acquisition assistance
- Transaction consulting on tax ramifications
- Outsourced executives to support clients with project needs or limited resources
New retirement plan distribution options introduced by SECURE 2.0
(authored by RSM US LLP) SECURE 2.0 provides new opportunities for plan participants to take retirement distributions without incurring early withdrawal penalties.
The journey to 2025 tax reform begins
(authored by RSM US LLP) House Ways & Means Committee Chairman Jason Smith (R-MO) and House Tax Subcommittee Chairman Mike Kelly (R-PA) recently announced the formation of 10 “Committee Tax Teams”. Each team will address key tax provisions from the 2017 Tax Cuts and Jobs Act (TCJA) that are set to expire in 2025 and identify legislative solutions.
Credits and incentives available to retirement plan sponsors
(authored by RSM US LLP) Employers with less than 100 employees who have recently adopted or are considering a retirement plan have a tax savings opportunity.