James (Jim) Hedderman is a Managing Director in True Partners Consulting’s Chicago office. He has over eighteen years of federal taxation experience both in the public and corporate arena.
Jim’s focus is in the ASC 740 accounting for income taxes and federal tax compliance area, helping clients automate, think strategically, and streamline income tax provision and tax return processes, consulting to a diverse range of clients. He has completed deferred tax studies, implemented tax provision software, helped clients remediate significant deficiencies and material weaknesses, and assisted clients through restatements, bringing long-term value to the tax function.
Before joining True Partners Consulting, Jim was a Senior Tax Analyst at USG Corporation where he focused on the income tax provision, tax return compliance, responding to IRS audit requests, and Sarbanes-Oxley control processes. Prior to that, he was a Senior Tax Consultant at Deloitte and Arthur Andersen where he focused in the areas of large corporate consolidated returns, S corporation returns, and partnership returns.
Jim received his Master of Science degree in Taxation from DePaul University and his Bachelor of Science degree in Accounting from Saint Xavier University. He is a member of the American Institute of Certified Public Accountants, current Treasurer, Director, and (formerly) Federal Chair of the Chicago Tax Club, Executive Counsel Member of The Cara Program and serves on the Saint Xavier University Graham School of Management Advisory Council.