Mark Brumbelow Rejoins LBMC as Tax Shareholder
LBMC, one of the Southeast’s largest accounting and business consulting firms, has welcomed Mark Brumbelow, CPA, back to its ranks as a Shareholder in the firm’s Tax Services. This development is particularly noteworthy as Brumbelow brings over 20 years of tax advisory experience to LBMC's Chattanooga office. His expertise aligns seamlessly with the firm’s mission of providing exceptional service to businesses navigating complex tax landscapes.
Experience and Expertise in Tax Advisory
Brumbelow is well-versed in various aspects of tax advisory, including ASC 740 income tax accounting and multi-jurisdictional tax compliance. His depth of knowledge enables him to assist both closely held entities as well as publicly traded corporations. He specializes in guiding clients during significant transactions, income tax provision reporting, and uncovering tax credits and incentives for companies operating across different states. His solid experience spans diverse industries, such as manufacturing, real estate, technology, healthcare, and transportation, all of which are essential sectors that LBMC focuses on.
A Strategic Addition for LBMC
Jim Meade, CEO and Managing Shareholder of LBMC, expressed his enthusiasm about Brumbelow's return, stating, “Mark’s return to LBMC is a homecoming and a significant strategic addition. He embodies the technical excellence, leadership, and people-first approach we value.” Meade emphasized that Brumbelow’s capabilities would enhance LBMC’s commitment to innovation and effective client service.
Focusing on Client Solutions
Brumbelow is dedicated to developing tax strategies that align with clients' operational goals and foster long-term value creation. His national recognition for thought leadership is complemented by his role on the AICPA Corporations and Shareholders Technical Resource Panel. Engaging in continuous learning and professional development, he actively contributes to the advancement of the tax profession.
Professional Background and Previous Roles
Before rejoining LBMC, Brumbelow served as the Firm Managing Principal for Tax Services at PYA, where he led a multi-location tax team. In this capacity, he tackled strategic initiatives related to operations, technical support, and quality control. His experience also includes advising on mergers and acquisitions, managing due diligence processes, and resolving high-risk compliance issues. Initially joining LBMC in 2003, he developed his career through and eventually departed from the firm in 2014.
A Vision for the Future
Brumbelow commented on his excitement for the future, stating, “LBMC is aptly positioned to address clients with intricate challenges, significantly due to our investment in talent and innovative technology.” His goal is to collaborate with businesses to design tailored solutions that effectively tackle complex issues.
About LBMC
LBMC serves over 11,000 clients across various industries, catering especially to privately-owned and private-equity-backed middle market companies. The firm excels in sectors like healthcare, manufacturing, distribution, real estate, and technology. LBMC employs advanced technologies in AI and business intelligence to enhance client support and drive growth. Founded as a traditional accounting firm in 1984, LBMC has evolved to lead in audit, tax, advisory, technology, human resources, and wealth services for both businesses and individuals.
With a strong workforce exceeding 1,000 professionals and offices located in Nashville, Chattanooga, Knoxville, Memphis, Louisville, and Charlotte, LBMC is dedicated to delivering quality services that respond to the diverse needs of its clients while cultivating a supportive work environment.
Contacting LBMC
For further information about LBMC’s expertise and the range of services offered, interested parties can reach LBMC by calling 615-377-4600. Additionally, they can explore potential career opportunities or gain insights about the firm's culture by visiting the LBMC website. Stay connected on LinkedIn for the latest updates and valuable resources regarding talent engagement and business growth.
Frequently Asked Questions
Who is Mark Brumbelow?
Mark Brumbelow is a CPA with over 20 years of experience in tax advisory, recently rejoining LBMC as a Shareholder in its Tax Services.
What is LBMC?
LBMC is one of the Southeast’s largest accounting and consulting firms, delivering various professional services including audit, tax, and advisory.
What areas does Brumbelow specialize in?
Brumbelow specializes in ASC 740 income tax accounting, tax compliance across multiple jurisdictions, and strategic tax advisory.
Where is LBMC located?
LBMC has offices in Nashville, Chattanooga, Knoxville, Memphis, as well as Louisville and Charlotte, and also offers remote services.
What is LBMC's commitment to clients?
LBMC is dedicated to providing exceptional client service through tailored solutions, continuous innovation, and strategic insights.
