Directory

James T. Connolly

Tax Partner, CPA

Profile

James is a tax partner at our firm with over twenty years of experience in public and private accounting.  With a background in auditing and private accounting, James has spent the last thirteen years in the tax world working with small businesses and individuals to meet their tax compliance and consulting needs.  While he has clients in a variety of industries, he serves a large number in the service industries, particularly in the professional services area such as attorneys, consultants and investment advisors.  He has extensive experience in working with partnership ownership changes and the related IRC Section 754 basis step-ups as well as with hedge fund reporting and disclosures for his high wealth individual clients.  He is also a 2017 graduate of Leadership Winston-Salem.

Education

Appalachian State University – Bachelor of Science in Business Administration (Cum laude)

Professional and Civic Memberships

  • American Institute of Certified Public Accountants (AICPA)
  • North Carolina Association of Certified Public Accountants (NCACPA)
  • Winston-Salem Rotary
  • Downtown Winston-Salem Partnership (Treasurer)
  • St. Timothy’s Episcopal Church-Treasurer and member of Vestry

NC License #25294

Outside the Office

  • James enjoys spending time with his four children. His eldest is currently a high school sophomore in the Forsyth Tech Early College program, while the younger three are homeschooled by his wife Tammy. She is the real champion of the family.
  • James also loves playing golf with his teenage daughter who plays golf for Reynolds High School and placed 17th in the state championships this past fall as a freshman. His days of beating her on the course are over.
  • He is a student of history, especially enjoying the Revolutionary War period as well as the history of taxation.  In addition, he is an avid genealogist, having personally researched and documented his Connolly lineage to the original immigrant from Ireland to Virginia in 1703.
  • Born in Elizabeth City, he grew up in Statesville and has made his home in Winston-Salem for over 20 years