We help oilfield-service companies, working-interest and royalty owners, and highly paid field workers in Midland, TX resolve IRS problems and plan ahead so the same issue doesn't return.
Every IRS case starts with your IRS account transcripts and a written plan, with fees disclosed before we begin.
We do not have an office in Midland. Midland clients are served remotely from our Irving, Texas office by video, phone, and secure document exchange.
See published pricing · How engagements work · Call (817) 214-4014
Midland is part of the Permian Basin region, in Midland County (the city also extends into Martin County).
The Permian Basin is one of the most productive oil and gas regions in the world, and its economy follows drilling activity, oilfield services, and mineral ownership.
Texas has no personal income tax. Most businesses deal with the Texas franchise tax and sales tax, both administered by the Comptroller, and local property taxes are handled through county appraisal districts.
Working-interest owners face special rules on intangible drilling costs, depletion, and passive-activity treatment. Each requires careful reporting.
Learn more: Working interest · Intangible drilling costs · Depletion allowance
Mineral owners often receive both royalties and lease bonuses. They are reported differently and can trigger matching notices.
Learn more: Royalty income planning · Lease bonus payments · CP2000 notice
High-overtime and bonus years with too little withholding lead to large April balances, and the next downturn makes them harder to pay.
Learn more: Income timing · Offer in Compromise · Wage garnishment release
Royalties, lease bonuses, and any sale proceeds are each reported differently. We review your 1099s and division orders before filing.
Possibly. Depending on how the interest is held, intangible drilling costs and depletion may be deductible. The rules are technical and fact-specific.
We serve Permian Basin clients remotely from our Irving office.
ebotCPA PLLC is a licensed Texas CPA firm serving clients throughout Texas from our Irving office. We do not maintain an office in Midland. Services are delivered remotely or at our Irving location by appointment.
IRS resolution and representation · tax planning and strategy · federal and Texas tax compliance · bookkeeping and monthly accounting · CFO advisory and financial reporting · audits, reviews and compilations · entity formation and business advisory
Texas CPA license #127163, Texas State Board of Public Accountancy. Enrolled Agent admitted to practice before the Internal Revenue Service under Treasury Circular 230.
Scope and fees are confirmed in a written engagement letter before work begins.
Ebot Mbi, CPA, EA is an IRS Enrolled Agent and a Texas-licensed CPA (Texas CPA License #127163). Enrolled Agents and CPAs are authorized under Treasury Circular 230 to represent taxpayers before the IRS in every state.
ebotCPA PLLC is a Texas CPA firm. State matters are handled with the Texas Comptroller of Public Accounts.
This page is general information, not tax advice for your situation. Results depend on your facts; no outcome is guaranteed.
ebotCPA PLLC
Last updated: September 12, 2026
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