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Frequently Asked Questions
How fast can I check my return for depreciation recapture issues?
With DecreeCheck, you can get an initial analysis in minutes. Simply connect your accounts or upload your documents, and our system will scan for potential recapture liabilities instantly.
Is this service a replacement for a CPA?
No. DecreeCheck is a compliance review tool, not a tax preparation service. It's designed to provide a fast, affordable second opinion to help you spot potential issues that you can then discuss with your qualified tax advisor. This content is for informational purposes only.
What if I have assets I owned before moving to Puerto Rico?
Our tool is designed to handle that. It can analyze assets placed in service both before and after your move, helping to identify how the recapture rules might apply in your specific situation based on the information you provide.
Does this check cover both U.S. and Puerto Rico tax rules?
Yes, our platform is designed to consider both IRC and Puerto Rico tax code provisions. It helps flag potential conflicts and sourcing issues that are common for Act 60 decree holders.
How much does a check cost compared to a traditional review?
While traditional CPA reviews for Act 60 compliance can range from $5,000 to $25,000, DecreeCheck offers a much more affordable entry point for identifying potential red flags, reflecting the efficiency of AI-powered analysis.
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This content is for informational purposes only and does not constitute tax, legal, or accounting advice.