As director of tax for Bedford, Steve bears primary responsibility for tax reviews and report certification, ensuring that Bedford’s cost segregation studies are based on an appropriate interpretation of tax law and current IRS pronouncements. Over the course of more than 35 years in the field of taxation, Steve has seen cost segregation become a widely-accepted, valuable tax planning strategy for all real estate owners and investors. His expertise in cost segregation ranges from IRS appeals, during the era of investment tax credits, to recent IRS pronouncements, and includes the review of thousands of cost segregation studies, encompassing a wide variety or property types and sizes. Steve also leads Bedford’s tax research and professional development committees, ensuring that Bedford’s education and tax-related training, both internal and external, are the best in the industry and up to the Bedford standard.
Steve joined Bedford in 2005, after serving as tax manager for a regional public accounting firm with nearly 100 certified public accountants. Specializing in cost segregation, Steve enabled clients to accelerate depreciation deductions on commercial real estate properties and realize substantial tax benefits. Working in private industry and public accounting, and involved in fixed asset issues for more than 35 years, Steve has the experience to examine matters involving taxation from both corporate and individual perspectives. Bedford clients and the company benefit from Steve’s historical understanding of cost segregation, as well as his strong commitment to delivering cost segregation studies that will withstand any IRS examination.
Steve is a certified member of the American Society of Cost Segregation Professionals (ASCSP) where he serves on the Testing and Education Committee. Steve is a current member and past president of the International Tax Executives Institute New England Chapter. He has taught on topics related to cost segregation and tax as a faculty member of the International Council of Shopping Centers (ISCS) University of Shopping Centers School of Finance, Accounting and Lease Administration.
Bryant College, Smithfield, Rhode Island; M.S., Taxation
Bentley College, Waltham, Massachusetts; B.S., Accounting
Stonehill College, Easton, Massachusetts; B.A., Sociology