Judy Mason joined MichaelSilver in 1995. Prior to joining the firm, she was a business owner/partner in an advertising and public relations firm, where she directed all financial services. She also served as the Manager of Planning and Control for the purchasing department of a Fortune 500 company.
With more than 20 years of experience serving dealership clients. Specifically, her industry expertise has been in the areas of tax planning for automobile dealerships, including optimizing tax strategies, corporate structuring, LIFO planning for new and used cars, manufacturer’s incentives and rebates, and sales tax compliance. Judy works closely with her dealership clients to establish positive tax strategies in the areas of estate and succession tax planning, cost segregation analyses for dealership properties, captive insurance issues, and general tax compliance matters. She has also written articles on year-end tax planning issues and strategies, published by the Chicago Automobile Trade Association.
Judy has over 25 years of tax, accounting, business consulting, and compliance experience, serving closely-held and start-up businesses, entrepreneurial and family-owned companies, their owners and families. Her expertise is in federal, state, and local taxation, guiding clients through the complexities of conducting business in multiple states, particularly as it relates to income, sales, use, and other taxes. Judy has a broad depth of expertise in state and local tax research, planning, and compliance matters for entities and individuals with multi-state businesses and/or investments. She has successfully managed a broad range of federal income and state sales and use tax audits for entities and individuals.
As a Certified Valuation Analyst (CVA), Judy prepares business valuations used for various purposes such as estate and gift planning, business succession, buy/sell agreements, and litigation support. Crafting of a business valuation report is a cooperative process involving financial analysis of the company integrated with industry and market research. She has significant experience successfully defending valuation reports under audit.
Judy is a member of the Illinois CPA Society, the Florida Institute of CPAs, and the American Institute of Certified Public Accountants. She is also President of the Illinois Chapter of the National Association of Certified Valuators and Analysts (NACVA). Judy received her Bachelor of Science degree from Valparaiso University. Her Master of Business Administration and Master of Science in Taxation were earned at DePaul University.
Judy has been active in her community and involved in multiple charitable organizations, serving in various leadership positions including President, Treasurer, and Board Member. Judy has also written and edited multiple articles for a variety of professional journals, trade publications, and client newsletters.
- CARES Act Q&A
- 2019 Year End Planning Checklist for Dealers
- 2019 Year End Planning Checklist
- New Overtime Rules Take Effect January 1, Add to Slate of New Employment Laws
- Mid-Year Planning
- Illinois Tax – What is New for Dealers?
- Automobile Dealer Sales Tax Checklist
- 2018 Year-End Planning Checklist for Dealers
- 2017 Year-End Planning Checklist for Dealers
- 2016 Year-End Planning Checklist for Dealers
Contact Judy at [email protected].