LME cannot furnish tax advice and recommend that you consult with a tax professional versed in oil and gas accounting regarding your ability to…
Read More
If you have questions regarding the contents of your 1099 form, please call Accounting Department at 412-595-8700 or 866-833-8884 to speak with a representative….
Read More
As required by the IRS, the amount reported on the 1099 form is the gross income before taxes and other deductions allowed under your…
Read More
Per IRS regulations, LME issues 1099 forms annually to report royalty, production, and rental payments. We are required to mail these forms by January…
Read More
The W-9 form is available on the IRS website or via the ‘Forms’ section of the Owners Portal. If you would like a copy…
Read More
The IRS requires that LME obtain the Social Security number or tax identification number of all payees. Without a Social Security or tax identification…
Read More
Recent Comments