James Lundy

About James

Jim Lundy is a partner in the Tax & Business Services Division and a member of Marcum’s national Construction Industry Practice group. With more than 30 years of experience in both public and private practice, James is one of the most respected tax consultants in the construction industry. He works regularly with more than 350 construction entities to provide a wide range of tax services. His services include performing tax physicals to provide a full overview of a construction company’s tax compliance and planning opportunities, establishing continuity and succession plans for contractors, dealing with federal and state authorities regarding tax issues important to contractors and leading in the timely completion of tax reporting required for the construction industry.

James is an accomplished speaker and the author of many articles published on construction tax-related issues. The Tennessee Society of CPAs has honored him as Speaker of the Year more than 10 times; the Alabama Society of CPAs has presented him with their Thomas A. Ratcliff Outstanding Discussion Leader Award; and he has been the highest-rated speaker at both the American Institute of CPAs’ National Construction Industry Conference and the AICPA National Tax Conference.

He is often sought out to provide in-house training to other CPA firms and organizations interested in obtaining the most up-to-date and practical applications of the tax rules and regulations pertaining to the construction industry. He has also testified before the Tennessee Tax Commission regarding the taxation of multi-state contractors.

James is a past chair of the TSCPA Construction Committee and is former chairman of the AICPA National Construction Committee. He helped direct the very successful initial statewide construction conference and has been active in other committees, including the Continuing Education Committee, the Accounting Careers Committee, the Tennessee Road Builders Investment Committee, and the Board of Directors of the Middle Tennessee Associated Builders and Contractors.

Professional & Civic Affiliations

• American Institute of Certified Public Accountants (AICPA), former chair, National Construction Committee
• Middle Tennessee Associated Builders and Contractors, Board of Directors
• Richland Country Club Finance Committee
• Tennessee Road Builders Investment Committee
• Tennessee Society of CPAs, former chair, Construction Committee

Articles, Seminars & Presentations

• “Year End Tax Planning Checklist: Three Tips for Improving Efficiency and Tax Savings,” Marcum Construction Advisor Newsletter, January 2024
• Top Individual and Business Planning Ideas for 2023, Marcum LLP and Holland & Knight LLP Nashville Year-End Tax Forum, December 2023
• What Are My Choices? Best Tax Methods for Construction Contractors, AICPA & CIMA Construction & Real Estate Conference, December 2023
• Maximizing Your Tax Savings: Year-End Planning Tips for Construction Contractors, Marcum LLP, December 2023
• Look-Back, Credits, Tricks and Traps for Construction Contractors, Marcum LLP, November 2023
• Top 10(ish) Construction Tax Essentials, CFMA Southeastern Construction Conference, August 2023
• Top 10(ish) Construction Tax Essentials, CFMA Louisiana Construction Conference, August 2023
• Income Tax Essentials for Construction Companies: Top 10 (And Then Some…) Strategies & Updates, Construction Financial Management Associates Conference, July 2023
• Top 10 (And Then Some….) Construction Taxation Strategies & Updates, CICPAC Conference, June 2023
• Individual and Business Tax Forum, Waller / Marcum, December 2022
• Tax Planning for Contractors – Not Too Late for 2022 (or Too Early for 2023!), AGC Construction Financial Management Associates Conference, November 2022
• Tax Deductions and Credits for Contractors / Taxes and ASC 606 / Living with Look-Back, Marcum LLP, October 2022
• Year-End Tax Planning for 2022: What We Know (And What We Don’t!), Marcum LLP, October 2022
• Tax Planning for Contractors – Not Too Late for 2022, Illinois CPA Society Construction Conference, October 2022
• Tax Planning for Contractors, Oregon Society of CPAs Construction Conference, May 2022
• Digging In: Tax Planning for Contractors – Not Too Late for 2021 or Too Early for 2022!, Viewpoint Trimble Construction Webinar, March 2022
• Choose the Right Methods of Accounting to Optimize Tax Strategies, Construction Executive, March 2022
• Employee vs. Independent Contractor: What’s the Difference?, Project Uptime Interview, March 2019

Awards & Recognition

• 2020 & 2021 Industry Partner of the Year, Associated Builders and Contractors of Greater Tennessee
• Speaker of the Year, Tennessee Society of CPAs
• Thomas A. Ratcliff Outstanding Discussion Leader Award, Alabama Society of CPAs
• Highest Rated Speaker, American Institute of CPAs – National Construction Industry Conference and National Tax Conference