Beryl Reid

Beryl joined MichaelSilver in 1996 and was named Partner in 2004, the first woman Partner in the Firm. In 2017, she became Practice Leader of the Firm’s tax consulting and compliance practice and the private client services group. Prior to joining the Firm as a Senior Manager, she spent time at a nationally-recognized CPA firm, where she worked with high net worth families, and large corporations, specializing in individual and corporate tax.

Beryl has over 25 years of tax, accounting, and consulting experience working with high net worth individuals, their families, business concerns, and estates as a family office consultant. Beryl’s portfolio of clients includes some of the largest high net worth families in Chicagoland. She serves her clients by working closely with their attorneys, investment bankers, and other business advisors. Each of Beryl’s clients rely on her as their trusted advisor, knowing she has their best interests as the principal motivation of all she does.

Her industry focus includes manufacturing, real estate, distributors, and professional service providers. Beryl also serves as the Firm’s key resource on not-for-profit tax issues. She has experience managing voluntary compliance with foreign account disclosures. Beryl’s specific areas of expertise include:

  • Tax Compliance, Planning, and Entity Selection
  • Individual and Trust Income Tax Returns, Investment Planning, and Consulting
  • Estates, Trusts, and Philanthropic Donations
  • Investment Partnerships and S Corporations
  • Representation With State and Federal Taxing Authorities

Beryl has been instrumental in MichaelSilver’s being ranked as one of the Best Places to Work in Illinois for four years running. Beryl encourages all members of the Firm to perform at their highest levels while simultaneously keeping her door open to give career advice or help with a problem.

One of the ways Beryl provides mentorship to individuals in the tax department is by directing tax education and course material selection with concern for the Firm’s overall knowledge, as well as the career advancement of each person. She enjoys serving as key Partner of the Firm’s charitable and community activities, always coming up with fresh ideas to serve others.

Beryl is a member of the American Institute of Certified Public Accountants, the Illinois CPA Society, and the Chicago Finance Exchange. She earned a Bachelor’s in Accounting and a Bachelor’s in Finance from Northern Illinois University, and a Master’s Degrees in Taxation from DePaul University in Chicago.

Contact Beryl at [email protected].

Beryl Reid