Hays and Company has over 65 years experience in the accounting and distribution of oil and gas production. We offer complete accounting services necessary to the industry. Some of those services include:
• Disbursing – We receive revenue production checks and disburse them to pay the royalty and override, the operating expenses and investors. We have the capabilities to pay by check or direct deposit.
• Reporting and Filings – We provide several reports and filings required by cities and states. Some of these include franchise tax, severance and additional severance tax, Department of Energy reports, and county tax.
• Year End Reporting – We provide 1099 reporting to all royalties and operating or cash statement to the investors. We also prepare Federal and State Income Tax Returns.