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IRS Petition Regarding Tax Issues With PPP Loans; Antero Contribution To Food Bank

Petition: Asking that the IRS overturn its position on the deductibility of expenses paid with PPP funds The Independent Oil and Gas Association of West Virginia (IOGA) wishes to inform you that, in response to the coronavirus pandemic, Federal and State governments implemented stay at home orders that brought our economy to a halt. ...

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2020-11-16T17:21:54+00:00November 16th, 2020|

AST Zone Coverage Meeting Follow-up Information

IOGA recently met with representatives from the WV Department of Environmental Protection (DEP) and the WV Department of Health and Human Resources (DHHR) to discuss the recent changes to AST Zone Mapping and Extended Effective dates. Information from that meeting can be found on this link.

2020-10-30T18:34:35+00:00October 30th, 2020|

WV State Tax Department Clarifies Gross Receipts Position for Current Ad Valorem Property Tax Issues; SafeLand USA Training

On October 9, 2020 WV State Tax Commissioner Dale Steager informed the Independent Oil and Gas Association (IOGA) that it formally withdrew the Tax Department’s June 30, 2020 “Notice to Producers of Natural Gas and Oil for Property Tax Year 2021”.  That 2021 TY Notice “…purported to allow such producers to adjust the gross ...

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2020-10-26T17:58:34+00:00October 26th, 2020|

PPP Loan Forgiveness Application Process Open

The Small Business Administration has released a new Frequently Asked Questions document for loan forgiveness for PPP loans as well as a new application for forgiveness of loans less than $50,000. Here’s what you need to know: Frequently Asked Questions on PPP Loan Forgiveness Paycheck Protection Program Loan Forgiveness Application Paycheck Protection Program Loan ...

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2020-10-23T16:37:42+00:00October 23rd, 2020|
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