An earlier SIMCO article talked about expert advice on growth during rough times and the idea of “spending against the wind.” Whether you are looking at a peak or a trough in your own drilling business, we want to know how you’re planning on spending your money in the next fiscal year. No matter if […]
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Grow Your Business and Stretch Your Bottom Line Through Tax Breaks
The beginning of 2019 saw the implementation of new business deduction rules put in place by the 2017 Tax Cuts and Jobs Act. While some of these new rules can hurt drilling-related businesses, there are several ways to stretch your capital and save through business growth. Drilling businesses have a lot of up-front costs to […]