Tim Schram

Managing Director, Credits & Incentives


BDO Chicago Office



Executive Summary

Tim Schram is a Managing Director and the National Leader of BDO’s Credit & Incentives practice. Tim has over 20 years of experience negotiating for state and local incentive packages on behalf of clients. He has successfully assisted clients secure millions of dollars’ worth of incentives, using such strategies as sales tax sharing agreements, cash grants, property tax abatements, utility rate reductions and refundable income tax credits.
Prior to joining BDO, Tim was a Managing Director and founder of Grant Thornton’s Credit and Incentives practice. Tim was also previously a supervisor in KPMG’s State and Local Tax practice, where he focused on credits and incentives.
Tim is a recognized leader in the area of state and local tax incentives and is a frequent speaker for such organizations as the Tax Executives Institute (TEI), the Institute of Professionals in Taxation (ITP), and the Chicago Tax Club--and he contributes regularly to their publications, as well as those of CCH. Tim is also an Editorial Advisory Board Member representing credits and incentives for the Journal of State Taxation.

Professional Affiliations

American Institute of Certified Public Accountants
Chicago Tax Club
Illinois CPA Society (ICPAS)
Industrial Asset Management Council (IAMC)
Institute of Professionals in Taxation (ITP)
Tax Executives Institute (TEI)


B.S., Finance, Indiana University