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A direct investment in oil and gas drilling program can be a smart move to reduce one’s overall tax burden. Instead of paying more taxes, money used for oil and gas investments provide a significant amount of write-offs while adding a consistent cash flow and return on your investment.

There are a number of tax benefits investors can receive then they choose to invest in oil and gas. Approximately 75% of the deductions are made in the first year as intangible drilling cost and the remaining would be deducted over time as the well depreciates.

For more information on TAX BENEFITS please CLICK HERE.