OIL & GAS SERVICES

Providing Tax and Consulting Solutions to Our Friends in the Oil Patch

As development continues to accelerate in the oil patch of Western North Dakota and Eastern Montana, the ability for local accounting firms to adequately service the demand for accounting and tax services has declined.

At FSW, we are uniquely positioned to provide exceptional advice and personal service to our clients in the oil patch. Long-time Bakken residents are having difficulty finding local CPAs, and many oil patch workers and business owners are now making Fargo their home base, choosing to raise their families in a calmer, more family-friendly environment. With the assistance of technology and our close proximity to the Bakken area, we are happy to serve the financial needs of these clients.

In addition to our traditional tax planning and business consulting services, we offer expertise in the following areas specific to residents of Western North Dakota and Eastern Montana:

Oil & Gas Services

  • Farm Taxation
  • Oil & Gas Working Interest Taxation
  • Oil & Gas Royalty Interest Taxation
  • Oil & Gas Cost Depletion Calculations
  • Tax Planning for Land Sales and Oil & Gas Leases
  • Personal Financial Planning / Planning for Sudden Wealth
  • Entity Selection or Trust Planning for Family Oil & Gas Properties
  • Consulting & Tax Planning for Businesses Operating in the Bakken
  • Retirement Plan Design to Maximize Tax Deductions for Business Owners
  • Business Valuations and Assistance with Sales and Acquisitions
  • Estate Planning and Inheritance Issues Unique to Owners of Oil & Gas Properties
  • Estate Planning and Inheritance Issues Unique to Farmers and Owners of Large Land Parcels