Here is something that quietly costs small business owners a fortune, for years at a time. You have probably been writing off less than the law allows you to, on things you already own, and nobody ever told you. And there is a legitimate way to catch up on all of it, often in a single year. Most owners have never heard of it.
Let me walk you through it in plain English.
What depreciation actually is
When you buy something that lasts, a work truck, a lift, equipment, a building, improvements to your shop, the tax code does not make you deduct the whole cost in one year. It lets you deduct it in pieces over several years. That yearly piece is depreciation, and every dollar of it lowers your tax bill.
That is the deal the tax code offers you. The catch is, you have to actually claim it.
Where the money gets left behind
Most small businesses never set depreciation up right. Assets bought years ago and never put on a schedule. The wrong recovery periods. Missed bonus depreciation. A building nobody ever broke down into its faster pieces. Every single year you did not claim what you were allowed to, you handed the government money you were legally entitled to keep.
And here is the part that stings. That is not a one time miss. It repeats every year the mistake sits there.
The part almost nobody tells the small owner
You do not lose those missed years. There is a legitimate way the IRS allows to catch up on depreciation you were entitled to but never took, and it can often be claimed in a single year without amending a stack of old returns. Your CPA does it with a specific method change, Form 3115. It is a real, established part of the tax code. It is just that nobody ever ran the play for you.
So ask yourself one honest question. When is the last time anyone went through everything you own and checked whether you have been depreciating all of it, correctly, every year? For most owners the answer is never.
What we do, and what your CPA does
In the assessment, we go through what you own and find the depreciation you have been leaving on the table. We organize it into a clean packet with the numbers laid out. Then your own CPA reviews, signs, and files the catch up. We find it, they file it. That line matters, because our paper stays clean and the licensed professional is always the one who signs.
Now the honest part, because we do not over promise. Not every business has a big catch up sitting there. It depends on what you own and how your books have been kept. That is exactly what the assessment is for, to find out whether this is real money for you or not, before anyone promises you a dime.
Where to start
The assessment is where we look. If we cannot identify at least 500 dollars in returns or savings, the assessment is refunded. Every number we hand you is a planning estimate your CPA reviews, signs, and files.
We are based in San Antonio and we work with owners across the country.
Find the money hiding in your business.