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Choosing a Provider
   

The cost segregation landscape has evolved significantly over that past few years.
Now, more than ever property owners and accounting firms are seeking to work
with established cost segregation specialists such as Bedford.

The two most significant developments in recent years came from the American
Society of Cost Segregation Professionals (ASCSP). In 2009 the ASCSP introduced
the first set of industry standards and the first ever professional certifications for
cost segregation professionals. Both are important things to consider when selecting
a cost segregation provider.

Top 10 Questions when Evaluating a Cost Seg Provider

      1. How long has your firm been performing cost segregation studies?
    
      2. How many cost segregation studies has your firm completed?
    
      3. Does your firm employ degreed or professional engineers with specific
          cost segregation experience?
    
      4. Does your firm employ tax experts with specific cost segregation
          experience?
    
      5. Does your firm employ any ASCSP Certified Cost Segregation
           Professionals and if so, what role do they play?
    
      6. Are your studies performed using a detailed engineering approach, and
          do they comply with ASCSP standards?
    
      7. Does your firm subcontract any of the cost segregation study to a third
          party?
    
      8. Does your provider carry professional liability insurance for cost
          segregation?
    
      9. How does your firm defend its work in the event of an audit, if at all?
    
    10. Ask for references and follow up with them.

Contact a Bedford representative today to lean more about our industry leading
cost segregation team and find out why property owners and tax professionals
nationwide rely on Bedford for their cost segregation needs.