James B. Skakun

CPA

Office

3421 Ridgewood Road, Suite 300

Akron, OH 44333


330.255.2429
330.762.3108

About James

Industry & Service Expertise

Articles

James’ primary focus is on the growth and continued success of the firm’s clients by delivering tax compliance and planning and best practices to closely-held and family-owned businesses.

Working extensively with multi-state companies, S corporations, partnerships, and limited liability companies, James is knowledgeable on intricate tax regulations and various compliance related matters. He works with business owners in redemption, sale and liquidation planning, as well as supporting negotiations with private equity-backed firms by providing insight into potential tax exposure for target companies.

James also serves as a mentor to our young professionals. He exemplifies leadership by providing guidance and offering best practices, which contributes to the continued development of the firm through training the next generation of leaders in both technical and soft skills. James is a trailblazer for the next generation of leaders by incorporating the firm’s core values in all professional endeavors.

Certifications

  • Certified Public Accountant

Specializations

    • Partnerships
    • S Corporations
    • Cost Segregation Studies
    • LIFO
    • Manufacturing
    • Accounting for Income Taxes (FAS 109)
    • Multi-State Taxation

Education

    • Masters of Science in Accountancy, University of Notre Dame, cum laude
    • Bachelor of Science in Business Administration, Miami University

Professional and Civic Memberships

    • American Institute of Certified Public Accountants (AICPA)
    • Ohio Society of Certified Public Accountants (OSCPA)
    • Torchbearers, Class of 2016, board member
    • First Tee of Greater Akron, board member

Awards and Accolades

    • 30 For the Future award recipient, Greater Akron Chamber/Young Professionals Network
    • Leadership Stark County Spotlight Program

Tax Reform Series #7: Carried Interest Extended to 3-Year Holding Period

The Tax Cuts and Jobs Act of 2017 (“TCJA”) adoption of Internal Revenue Code (“Code”) Section 1061 is targeted at hedge and private equity funds. The TCJA extends the holding period for favorable long-term capital gain treatment related to. Read More >>

Commonly Overlooked Items for Maintaining S Corporation Election

  S Corporations offer the benefit of passing income through to shareholders for taxation instead of being double taxed, once at the entity level, and once as a dividend when profits are distributed. To maintain S Corporation status, there. Read More >>

IRS Warns of Fake Tax Bills: Do Not Fall Victim

  In today’s age of technology, there seems to be a new scam daily and more and more of them are involving the Internal Revenue Service (IRS) and taxes. The IRS issued an alert informing taxpayers of the most. Read More >>