Denver City is a town in Gaines and Yoakum counties in the U.S. state of Texas, just a short distance from the New Mexico boundary that is named for the petroleum company, Denver Productions. The population was 3,985 at the 2000 census. The town is located at the intersection of Texas State Highways 214 and 83. Oil and ranching remain important to Denver City. The first well was drilled by the wildcatter "Red" Davidson of Fort Worth on the ranch lands of L.P. and Ruth Bennett and her father, Dr. J.R. Smith. Oil gushed to the surface for the first time on October 10, 1935. A part of this Wasson Field, as it is known, is the site of the Yoakum County Park, donated in 1964 by Gene H. Bennett (1921-1998), the youngest son of the Bennetts.

What is tax law?

Tax law is the codified system of laws that describes taxes on economic transactions. Tax attorneys advise and represent individuals and businesses on all types of tax issues -- including income tax, payroll tax, property tax, and estate and gift taxes. Tax attorneys ensure that their clients are in compliance with federal and state laws and regulations, and represent taxpayers in enforcement proceedings initiated by the Internal Revenue Service (IRS) and/or state taxation agencies.

Answers to tax law issues in Texas

In the administration of any estate of a person who has passed away, there may be significant tax consequences. An...

At the federal level, the primary tax is the income tax. Most know this form of taxation by the completion of the...

The IRS can seize just about anything you own-including your home and pension plans. There is a list of items exempt...

The federal government imposes estate taxes only if your property is worth more than a certain amount at your death...

Most types of businesses-sole proprietorships, partnerships, corporations that have qualified for subchapter S...

Non-profits will want to apply for and obtain federal and state nonprofit tax exemptions. Many groups don't want to...

The Tax Relief and Health Care Act of 2006 made significant changes to the Informants Reward Program under the False...