A Penn State Extension webinar, "Dealing with Gas Tax Issues for Marcellus Shale" held 02/16/2011, gave a one hour overview of how to report income, depletion, and expensing opportunities, severance, and property tax. Although it was necessarily brief, I thought the information presented was accurate and informative.
http://extension.psu.edu/naturalgas/webinars/recorded/webinar-gas-tax-issues-for-landowners
Mary Lew Kehm, CPA
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