If you own a business which uses an accountant to do taxes, it might be recommended to you that you get cost segmentation services for the business. If you’ve never heard of cost seg before then you may have no idea what the purpose of this recommendation is. Ultimately, it’s to save you some money.

Here is a look at four of the features that make up cost seg engineering:

1. Reclassification. A big part of cost seg is to reclassify the real property expenditures in order to improve your tax return.
2. Speed up tax depreciation deductions. The faster that you get those deductions, the more money you end up with.
3. Go over the depreciation from previous years. If this isn’t the first year that you’ve been in business then you might have missed depreciation deductions on the business in the past. Cost seg can get them back for you now.
4. Get you more money. Ultimately the goal of this service is to legally increase the amount of money that you get back from taxes.

If your accountant tells you that you can profit from getting cost seg services, you might want to take him at his word and get it done!