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Section 45I of the Internal Revenue Code allows domestic producers of crude oil and natural gas a nonrefundable federal income tax credit during times of low prices.

The United States has experienced significant inflation for the past two years. Inflation rates are determined by the Bureau of Labor Statistics (BLS) in our country. Often you will hear individuals claim they “don’t know what inflation is but do feel it when it happens.”

An online accounting software that manages your finances, automates business workflows and helps you work collectively across departments.

This article provides an overview of sales tax laws applicable to drilling, completion and operation of oil and gas wells in Arkansas, Oklahoma and Texas. Together, these states account for approximately 50% of the oil and 40% of the gas produced in the U.S.

The OSCPA recently hosted two of its Summits, focusing on topics affecting niche areas of the accounting profession. Check out what was covered at these events below and find out how you can still access the event sessions. 

In order to help with our planning efforts, registrants who transfer from the in-person to virtual option within two weeks of an event will now incur a switch fee.

We want to keep you connected to all the ways you can give back to the community and profession, which is why we created a new community for volunteer opportunities on Evolve.

I know that I’m not alone when I admit that I’m a bit of an introvert. Being outgoing and overtly expressive around other people is not really one of my strengths.

Last week, 135 members rallied together to participate in the OSCPA’s 9th annual CPA Day of Service. Find out more about the event and how Oklahoma CPAs were able to give back this year.

Insurance has always been part of protecting your assets. A small business owner’s greatest assets are their employees. Attracting and retaining employees is key to a successful business. Outside of salary, providing employee benefits is the greatest way to accomplish both.

The Uniform CPA Examination is about to change significantly under the CPA Evolution Initiative, a joint effort by the National Association of State Boards of Accountancy (NASBA) and the AICPA.

OSCPA conferences feature notable experts local authorities in-depth looks at topics that influence your career. Access these events with your discounted member rate!

Imagine sitting down at your desk and having everything you could possibly need to start and run your day at your fingertips before you must make a single mouse click. Better yet, you’d be three clicks or less from every file you need to work on, team member you need to communicate with, email to reply to, and so much more.

Attention! The OSCPA's CPE events will be held at The Meeting Place starting this month. Find out location details and important event information that pertain to upcoming courses.

Tap into the OSCPA's Summit Series for education on topics important to your area of expertise.

What’s not to like about 9.62% annual interest on a one-to-five-year U.S. Treasury Series I Savings Bond? Some might even argue it’s the best no-brainer investment out there.

The IRS released vital updates regarding penalty relief on eligible tax returns, instructions on what to do if you receive a letter or notice from the IRS, as well as the importance of filing your tax return electronically and more. Deadlines are approaching quickly for a few of these items so act quickly!

Our members are constantly on the move, making an impact on the CPA profession. Join us in congratulating eight OSCPA members who were recently promoted. Don't forget to share your recent accomplishments by sending them to communications@oscpa.com.

Kurt Oestriecher, CPA will share his expertise as it pertains to the 2022 Accounting, Auditing, and SSARS Update. Join us virtually, October 4, to learn vital information that you can immediately apply to your job!

If your company hasn't taken advantage of the Employer Retention Tax Credit (ERTC) there is still time to act. Up to $26,000 refundable payroll tax credit, per employee, when combining the maximum credit for both 2020 and 2021.