{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Iron Horse Energy Daily Brief","title":"Tuesday, October 28th, 2025","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/0abf74c0\"></iframe>","width":"100%","height":180,"duration":290,"description":"Today, we're breaking down the single most powerful wealth-building tool available to high-earners: the IRS tax code. When you invest in domestic oil and gas working interests, 80 to 85 percent of your investment can be deducted in the very first year. IDCs (Intangible Drilling Costs) include labor, fuel, chemicals, mud, repairs, supplies, survey work, ground clearing, and rig rentals—60 to 85 percent of total drilling costs, 100 percent deductible immediately. Tangible Equipment Depreciation covers casing, tubing, pumps, wellheads, tank batteries, separators—15 to 40 percent of costs, with 100 percent bonus depreciation available. A $100,000 investment in the 37% federal tax bracket generates over $31,000 in tax savings in Year 1. These deductions offset W-2 wages, 1099 income, business profits, capital gains, rental income, and royalty payments. This is the IRS tax code, explicitly designed by Congress to incentivize domestic energy production.","thumbnail_url":"https://img.transistorcdn.com/QoD_SpVIhQu8Sff0vocgBI0Th5WVp2kCNhzenTCYsVU/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9kOTZk/MjYxYTVlZWMzYmY5/NjZmOGI3NmZiM2Jj/MTI2NC5qcGVn.webp","thumbnail_width":300,"thumbnail_height":300}