The office of Chief Counsel of the IRS recently released Memorandum 201805001 pertaining to Preparer Penalties related to Section 6701 – Aiding and Abetting in the Understatement of a Tax Liability. This related to a firm that went way overboard on their allocations...

Special Note from Bedford Cost Segregation's Managing Partner, Greg Bryant: Many of our clients are grappling with the true impact and nuances of the Tax Cut and Jobs Act. I recently had the privilege of collaborating with fellow American Society of Cost Segregation...

The much anticipated Tax Cut and Jobs Act has been signed by the President. While the House and Senate versions of the Act varied widely on many issues, the Conference Report issued last Friday seemed to adopt more of the Senate version that that of the House. Here is...

Commercial construction projects can be impacted by the tax implications for those who invest in and those who develop them. Typically, we encounter these opportunities at the pre-development stage, design and construction stage, newly-constructed stage, or...

If you or your clients, are on extension there is still time to take advantage of some rewarding tax-reducing opportunities. Cost Segregation and Tangible Property Regulation Compliance In addition to accelerated depreciation, a significant array of tax strategies are...

Many  of you may already know that several Bedford Cost Segregation team members have played a role in the American Society of Cost Segregation Professionals (ASCSP) since its inception in 2006. In fact, our Managing Partner, Greg Bryant was the society’s first...

As follow up to our Bottom Line Breaking News, we wanted to provide you with a more in-depth review of the document with some commentary.  By way of reference, this document was released earlier this month by the Large Business and International (LB&I) division of...

By: Greg K. Bryant, Managing Partner On September 16, 2016 the Internal Revenue Service released an Audit Techniques Guide (dated September 14, 2016) specific to the Tangible Property Regulations (TPRs). This project has been highly anticipated and has been in the...

Bedford Cost Segregation Launches Two New Services: Research and Development Tax Credit Consulting and Bedford Energy Consulting Bedford Cost Segregation is proud to announce the launch of their latest service divisions relating to Research and Development (R&D)...

Bedford, NH – Bedford Cost Segregation is pleased to announce that their Managing Partner, Greg K. Bryant, was elected as the 2016 Vice President of The American Society of Cost Segregation Professionals (ASCSP).  Bryant played a major role during the foundation ASCSP...