Memphis

A Legacy of Excellence in Memphis

Our Memphis office stems from the acquisition of Frazee Ivy Davis, PLC, a firm with a strong reputation for delivering top-tier accounting, auditing, tax, and advisory services since 1955. Renowned for their methodical approach, our Memphis team carries on this history by offering customized solutions addressing important financial concerns for companies and people. Whether your future is being planned, you are negotiating difficult company transitions, or you are looking for creative tax ideas—our staff is ready to support you at every level.

A Hub of Diverse Industries

Memphis is a center for vibrant businesses, and our staff specializes in helping industries that support the local and regional economy including:

• Healthcare: Financial consultancy and compliance support hospitals, medical professionals, and medical practices.
• Logistics: Helping businesses optimize supply chains, manage costs, and streamline operations in Memphis, a global logistics hub.
• Hospitality: Offering financial and operational support to hotels, restaurants, and entertainment venues to thrive in this vibrant city.
• Real Estate: Assisting developers and investors with accounting, tax, and strategic financial planning.
• Manufacturing and Distribution: Offering customized services to improve operational effectiveness including inventory control and cost accounting.
• Nonprofit Organizations: Supporting organizations toward financial transparency and compliance.
• Professional Services: Providing customized solutions for consulting and law businesses.

All-Inclusive Services Made for Your Needs

Our Memphis office offers a range of services to handle personal and commercial financial issues:

• Tax Preparation and Consulting: Strategic tax planning and compliance services comprise tax preparation and consulting.
• Audit and Financial Reporting: Independent audits and reviews of financial reporting help to guarantee accuracy and openness.
• Accounting and Bookkeeping: Day-to-day accounting support covering financial reporting and payroll as well as bookkeeping.
• Valuation and Litigation Support: Litigation support and expert valuation services define value.
• Exit Planning: Helping companies get ready for smooth exits.

Why Memphis?

Famous for blues music and barbecue, Memphis is known as “Bluff City” for its position on the Mississippi River. Also situated along the borders of MS and AR, Memphis is Tennessee’s second-largest metro area with a population of 1.34 million. A thriving logistics hub anchored by industry leaders like FedEx and IMC, Memphis has a robust healthcare presence and serves as a gateway to expansion across the Southeast. Notable investments include BlueOval City, Ford Motor’s state-of-the-art automotive assembly complex near Stanton, TN, and Elon Musk’s xAI Artificial Intelligence Center, set to house the world’s largest supercomputer. Known for its entrepreneurial foundation, education and research institutes, Memphis is growing its technology sector with local universities feeding talent for experienced hire recruiting.

Discover Memphis

Beyond business, Memphis has a vibrant cultural environment offering something for everyone:

• Music and Arts: See Graceland and the Stax Museum of American Soul Music.
• Culinary Pleasures: Savor locally produced cuisine including Memphis BBQ with an international reputation.
• Outdoor Adventures: Explore the Memphis Zoo, Shelby Farms Park, and picturesque riverfront paths outside.

Come See Us at LBMC Memphis.

LBMC Memphis is here to assist you whether your company needs strategic financial direction or personal skilled tax consultation. Get in touch now to find out how we can assist your objectives.