'Investing in Oil & Gas for Cash Flow & Tax Benefits'

Investing in oil & gas production, and developmental drilling programs, can help you achieve a combination of benefits, and can boost your overall investment portfolio returns, while greatly reducing your taxes.

You should be investing in well thought-out oil & gas developmental drilling investment programs if...you are tired of paying more taxes than you know you should, need better returns than you are currently able to achieve in the stock market, or with the fixed debt investment instruments you buy from investment houses, or the government...but certainly if you want to diversify, and take advantage of the increasing oil & gas prices while investing in direct participation, and private oil & gas investments.

If your personal, or corporate income approaches, or exceeds a hundred thousand per year, and you want to reduce your gross income and pay less federal taxes, and potentially boost your investment portfolio's rate of return, while you compound your returns, and increase the size of your investment nest egg...then the right direct participation oil & gas investments can help you multiply your returns, and possibly help you retire sooner with a larger amount of money.

One thing to remember, it's a good idea to invest early in the tax year so you can take maximum advantage of the first year Intangible Drilling Cost (IDC) write-offs which are associated with oil & gas drilling programs. First year IDC write-offs can reach up to 90% of your investment, and help you directly reduce your gross income for tax purposes...before your adjusted gross income is subject to your marginal tax rate.

Also, your Tangible Drilling Cost (TDC) write-offs, or the accelerated depreciation on oil & gas equipment can be taken over seven years. In addition, there is a yearly 15% to 17% Tax Depletion Allowance write-off which can be taken until 100% of the cost of your oil & gas investment is realized. The oil depletion allowance is taken on the oil & gas cash flows you get each year from your producing oil & gas wells, prior to, or before any accounting recapture rules apply.

Finally, because of the 'Passive Loss Rules', oil & gas investments are preferential items on your tax return relative to the Alternate Minimum Tax (AMT). You must always check with your tax preparer, but oil & gas drilling program tax benefits, and tax write-offs, are about the best tax write-offs still available today to my knowledge for both private and corporate investors.

Let me know if you would like to discuss oil & gas drilling programs, and if you want to consider investing in oil & gas drilling program investments that can allow you to greatly reduce your federal taxes, while having an opportunity to boost your investment portfolio rate of return and size of your holdings. Dennis 408 975 0800 Cell: 805 701 7761 email: americanenergy@gmail.com