James B. Skakun
CPA
About
Expertise
Articles
Testimonials
James Skakun is a Tax Partner at BMF with extensive expertise in business taxation and transaction advisory services. Since joining the firm in 2011, James has built a reputation as a trusted advisor to closely held businesses, private equity firms, and strategic buyers navigating complex tax and transactional matters.
James focuses primarily on business taxation, with a specialization in mergers and acquisitions. He leads BMF’s Transaction Tax Services practice and has authored more than 175 tax diligence reports while playing a critical role in transaction structuring, risk identification, and post-deal tax planning. Over the past six years, the practice has supported more than 20 sell-side transactions with an average equity value of $75 million and total transaction proceeds exceeding $2 billion.
Working closely with BMF’s Transaction Advisory Services group, James brings a collaborative, deal-oriented approach that aligns tax strategy with financial, operational, and commercial considerations. His experience spans acquisitions, dispositions, recapitalizations, and restructurings, helping clients anticipate tax exposures, optimize deal economics, and achieve successful outcomes. His hands-on approach and commitment to client service make him a key resource for clients navigating high-stakes transactions and long-term growth initiatives.
In addition, James has played a key role in BMF’s growth and success through his involvement in various firmwide initiatives and commitment to mentoring professionals across the firm. He is dedicated to developing the next generation of leaders while embodying the firm’s core values in all aspects of his work.
Specializations
- Mergers & Acquisitions
- Tax Due Diligence
- Partnership Taxation
- S Corporation Taxation
- Multi-State Taxation
Education
- Masters of Science in Accountancy, University of Notre Dame, cum laude
- Bachelor of Science in Business Administration, Miami University
Certifications
- Certified Public Accountant
Professional and Civic Memberships
- American Institute of Certified Public Accountants (AICPA)
- Ohio Society of Certified Public Accountants (OSCPA)
- First Tee of Greater Akron, past board member
- Rebuilding Together Northeast Ohio, past board member
- Torchbearers Akron, Class of 2016, past board member
Awards and Accolades
- Greater Akron Chamber 30 For the Future Award
- Leadership Stark County Spotlight Program
CliftonStrengths
- Achiever
- Competition
- Learner
- Analytical
- Focus
Navigating Buy-Side Tax Considerations in Mergers and Acquisitions
*as seen in Crain’s Corporate Growth & M&A Section In the dynamic landscape of mergers and acquisitions, the intricate dance between buyers and sellers requires a careful examination of tax implications. Whether opting for a pure asset deal or. Read More >>
Assessing the Profitability of Your Products
As a manufacturer, it’s essential to have a clear understanding of the profitability of your individual products, not just your overall company profitability. By assessing the profitability of each product line, you can optimize your strategies and make informed. Read More >>
Tax Structuring in M&A Transactions
*as seen in Crain’s Cleveland Business, January 17, 2022 A properly structured transaction can provide tax benefits to both the buyer and the seller. Typically, buyers want a deductible step-up in basis while sellers want capital gains treatment. Proper. Read More >>
I have a sweet spot for BMF, but the associates assigned to my account take very good care of our company and value the long-term relationship that was created long before any of us were involved. James did a great job, particularly communicating with the even changing rules on PPP and ERC. Always appreciated!
April, 21
I truly enjoy working with BMF and James does a great job for us.
June, 21