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Small Business Tax Savings PodcastAuthor: Mike Jesowshek, CPA
The Small Business Tax Savings Podcast is designed specifically for small business owners. We focus on tax savings and ways to have a financially sound back bone to your small business. Our goal is to have you paying the least amount in taxes as legally possible.Hosted by by Mike Jesowshek, CPA, this is a quick hitting podcast aimed to get you important information without all the fluff. You can find episodes, blog posts, information on our software TaxElm and more on our website: www.TaxSavingsPodcast.com Language: en Genres: Business, Entrepreneurship, Investing Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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Why the Wealthy Use Oil & Gas Investments to Cut Six Figures Off Their Taxes
Wednesday, 20 August, 2025
Send us a textMost tax strategies give you either a write-off or long-term growth. Oil and gas gives you both. With IRS Code 263(c), you get massive upfront deductions and steady tax-advantaged cash flow.In this episode, Mike and Nick from US Energy unpack how drilling funds work, the unique tax benefits they provide, and how to use them strategically in your business planning.👉 Get the Free Tax Savings Starter Kit Built for Small Business Owners: https://www.taxsavingspodcast.com/starterkit🚀 Book your free demo call today! Click here or visit: https://taxelm.com/demo/ Chapters:(01:34) What Is US Energy and Their FocusUS Energy’s 45+ year history in oil and gas, working with partners like Exxon and Shell, and why the Permian Basin is the hottest U.S. play.(04:01) The Tax Benefits of Drilling FundsIRS Code 263(c) allows investors to deduct 85–90% of their investment upfront through intangible drilling costs.(06:07) Tangible Costs and Depletion AllowancesUsing depreciation and depletion to shelter future income from wells and create long-term tax efficiency.(08:12) Why Oil and Gas Beats the “Buy a Truck” StrategyInstead of wasting money on deductions you don’t need, oil and gas offers upfront write-offs and produces an appreciating income-generating asset.(09:24) Sample Investment Return BreakdownHow a $100,000 investment could produce $45,000 in tax savings and cash flow returns of 1.5–2x over 10 years.(13:06) Understanding Tax RiskAudit concerns, excess business loss limitations, and AMT caps, plus how unused deductions can be carried forward.(18:28) Investment Risks and Hedging Commodity PricesThe difference between exploratory, step-out, and developmental drilling, and how hedging protects against oil price drops.(22:06) Oil and Gas for QBI PlanningHow investments can lower AGI and re-open the Qualified Business Income deduction, creating stacked tax savings.👉 Learn more about Oil and Gas Investing at US Energy: https://www.usenergyco.comPodcast Host:Mike Jesowshek, CPA – Founder and Host of Small Business Tax Savings PodcastJoin TaxElm: https://taxelm.com🚀 Visit: https://www.TaxSavingsPodcast.com 🚀 Check Out TaxElm: https://taxelm.com/🚀 Join our Free Facebook Group: https://www.facebook.com/groups/taxsavings/🚀 YouTube: www.TaxSavingsTV.com👋🏼 GET IN TOUCHYou can Tweet @MJesowshek with any feedback, ideas, or thoughts about the lessons you've learned from the episodes. We want to thank you personally for tuning in 🙏🙏 LEAVE A REVIEWIf you enjoy the podcast, please leave a 5-star review on Apple Podcasts or Spotify—it helps more business owners find the show ⭐🎙 ABOUT THE PODCASTThe Small Business Tax Savings Podcast is your go-to resource for cutting-edge tax strategies to help entrepreneurs legally slash their tax bills. Hosted by Mike Jesowshek, CPA, this show breaks down complex tax topics into clear, no-fluff insights so you can keep more of your hard-earned money.
