500 N Last Chance Gulch, #2017
Helena, MT 59624
(406) 502-1897​

120 East Broadway, #7934
Williston, ND 58802
(701) 491-8297​

Services

Let's face it – taxes are complicated!  In order to better serve you as our client, Oilfield Tax Services, LLC provides a broad range of services in all areas of taxation and general business entity matters. Through our network of experienced professionals, we can provide you with anything that you may need to deal with your taxation needs. 


Below is a general list of the services that we provide:

FEDERAL AND STATE TAX RETURN PREPARATION 


Oilfield Tax Services, LLC has experience preparing all types of tax returns with all levels of complexity.   We prepare tax returns for residents and entities domiciled in all 50 states.  We are here to help you with anything you need in a timely and cost effective manner, including preparing, finalizing and filing your:

  • Individual Income Tax Returns
  • C and S Corporation Tax Returns
  • Partnership Tax Returns
  • Trust and Estate Tax Returns
  • Report of Foreign Bank and Financial Accounts (FBAR/FinCEN Report 114) and FATCA Compliance

From the simplest individual income tax returns to complex multistate partnership tax returns, Oilfield Tax Services, LLC has you covered!  


UNFILED/DELINQUENT TAX RETURN PREPARATION AND ASSISTANCE SERVICES


At Oilfield Tax Services, LLC, we have experience working with a variety of clients in a multitude of situations to achieve the best results possible in delinquent taxpayer situations.  We are advocates for our clients, working hard to ensure that you are treated fairly by state and federal taxing authorities in any situation.  We are here to help you:

  • Gather the information necessary to prepare and file your delinquent tax returns
  • Work with the federal and state taxing authorities to achieve compliance
  • Prepare and submit requests for penalty abatement
  • Prepare and submit requests for offers in compromise

Whether you are behind on one year or ten years, Oilfield Tax Services, LLC will help you get caught up and stay current with all of your federal, state and local business and individual income tax filing obligations.  


BUSINESS ENTITY FORMATION


Starting a new business can seem complicated and a bit overwhelming.  Oilfield Tax Services, LLC specializes in assisting prospective business owners in forming their entities from start to finish.  This includes helping you to set up all components of your business, including:

  • Business Entity Selection
  • Organization/Incorporation
  • Federal and State ID Number Applications
  • Business Registration
  • Business License Applications
  • Payroll Setup and Compliance
  • Record Keeping Setup and Maintenance
  • Ongoing Business Operations Consulting

With our assistance, our clients have been able to form their businesses and successfully maintain them throughout the years, creating a layer of independence, wealth and financial security for themselves and their families.    


CONSULTING SERVICES AND BUSINESS ENTITY STRUCTURING


Anyone can form an entity; however, if it is not structured correctly, it can create a tax trap.  Our experience provides you with the ability to avoid these problems.  Working with our CPAs and network of tax attorneys, we will strive to structure your business in the most tax-efficient way possible while attempting to minimize your exposure to liabilities.  We are here to advise you of the various entity options you have available to you and assist you in selecting the most appropriate entity type for your business. 

Oilfield Tax Services, LLC recognizes the complexities of today's ever changing tax and business environment. Sometimes a relatively small amount of planning in the present goes a long way in the future. At Oilfield Tax Services, LLC, we are concerned with saving our clients money both today and in the years to come. As part of our services, we ensure that our clients take the appropriate measures through our planning structures to create a tax efficient business for their future.  We are here to help you with:

  • Multistate Tax Planning
  • Business and Individual Consulting and Tax Planning
  • Federal, state and local tax research
  • Consulting and Assisting in the purchase or sale of an existing business
  • Cash Flow and Liquidity Analysis

From the simplest individual income tax issues to the most complex multistate entities and succession planning for your diverse estate and trust, Oilfield Tax Services, LLC can do everything you need and more!


BUSINESS TRANSACTIONS


Oftentimes business transactions are complex.  Whether you are investing in real estate, buying a new business, merging with an existing business or simply selling your own business, these transactions are full of great opportunities and avoidable pitfalls.  Oilfield Tax Services, LLC is here to help you take advantage of the opportunities available to you and avoid negative financial consequences of your business dealings.  We offer assistance in all areas of business transactions, including:

  • Real Estate Acquisitions, Transfers, Exchanges and Sales
  • Business Mergers and Acquisitions
  • Business Asset Acquisitions, Transfers, Exchanges and Sales
  • 1031 Exchanges
  • Business Ownership Transfers and Transaction Financing Issues

Our CPAs and network of experienced tax attorneys are solution-oriented, working as a team to help solve your complex tax problems.  Our experience and expertise allows us to take on more complicated matters than many other tax preparation firms.  


ACCOUNTING, BOOKKEEPING AND PAYROLL SERVICES


Along with extensive tax return preparation and consulting services, Oilfield Tax Services, LLC offers a complete line of general accounting services, including:

  • Payroll Services
  • Complete Bookkeeping Services
  • W-2 and 1099 Filings
  • Bank Reconciliations

For complete details about any other services that we may provide, please contact us and we would be happy to discuss your general accounting needs.