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

• 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
• Construction Tax Update, AICPA Construction and Real Estate Conference, December 2021
• Year-End Tax Planning for Contractors: What To Do Before It’s Too Late!, NASBP Pipeline, November 2021
• Construction Tax Update, AICPA & CIMA Construction & Real Estate Conference, December 2021
• Tax Planning for Contractors – What We Know (And What We Don’t!), Marcum National Webinar, November 2021
• Tax Planning for Contractors, AGC/CFMA Construction Financial Management Conference, November 2021
• Tax Planning for Contractors, ILCPA Construction Industry Conference, October 2021
• Year-End Tax Planning for Contractors: What To Do Before It’s Too Late!, NASBP Column, October 2021
• Tax Planning for Contractors, Oregon Society of CPAs Construction Conference, May 2021
• Construction Tax Panel, CICPAC Webinar, January 2021
• Tax Methods for Construction Contractors, AICPA Construction and Real Estate Conference, December 2020
• Construction Year-End Tax Planning, Marcum National Construction Webinar, December 2020
• Business and Individual Taxation Update, Marcum/Waller Annual Tax Forum, November 2020
• Tax and Accounting Roundtable, AGC/CFMA 23rd Annual Construction Financial Management Conference, November 2020
• Taxes in the Year of COVID, Virtual Conferences, and Real Construction, AGC/CFMA 23rd Annual Construction Financial Management Conference, November 2020
• Top 10 Tax Opportunities in 2020, ILCPA Construction Industry Conference, October 2020
• CARES Act for Contractors and Construction Tax Update, CFMA Virtual Conference, June 2020
• Construction CPA Panel Series: Navigating Disruption, Deltek + ComputerEase Webinar Series, June 2020
• Tax Effects of 606, AICPA Construction and Real Estate Conference, December 2019
• Construction Income Tax Update – News You Can Use, ILCPA Construction Industry Conference, October 2019
• Tax Roundtable, AGC/CFMA 23rd Annual Construction Financial Management Conference, October 2019
• Construction Tax and Accounting Update: Where We Are and Where We Are Going, Louisiana Joint CFMA Conference, August 2019
• Tax Update – Revenue Recognition/TCJA/Legislation and Other Items That May
• Accelerate Your Retirement, 28th Annual CICPAC Conference, July 2019
• Entity Structure for Contractors Under the New Tax Law, Construction Executive, May 2019
• Ten Things Contractors Needed to Know About the New Tax Law, CFMA 4th Annual Southeastern Construction Conference, April 2019
• 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