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 monthly 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
Corporate Transparency Act: Beneficial Ownership Reporting
Background In 2021, Congress enacted the Corporate Transparency Act (CTA) which requires enhanced reporting of beneficial ownership in reporting companies.
The IRS urges businesses to review ERC claims for 7 common red flags
(authored by RSM US LLP) IRS urges employers to review ERC claims before the Voluntary Disclosure Program deadline of March 22, 2024. The agency warns of 7 common signs that their claims may be incorrect.
The Importance of Choosing a Quality Auditor for Employee Benefit Plans
For years, employee benefit plans (EBPs) have been under a regulatory microscope. Recently, the Department of Labor (DOL) issued a