Larry Isaacson, CPA, became Managing Partner of MichaelSilver in January 2017. He directs the daily operations of the Firm and spends considerable time mentoring staff to help them achieve their professional goals. Larry also leads the Firm’s strategic planning initiatives to continue to grow the Firm in all practice areas.

Previously, Larry led the Firm’s tax consulting and compliance practice since its inception in 1983 when he joined the Firm. Through his direction, this practice has grown into the Firm’s largest area of practice.

Larry works closely with many of the Firm’s private, closely held companies, small- and medium-sized family businesses, and high net worth individuals and families, particularly on tax issues related to estates, gifts, and trusts. In addition, he manages the tax services the Firm provides for a large, privately-held vehicle leasing conglomerate. He also has significant experience designing and implementing employee benefit plans.

He has also represented clients on Internal Revenue Service and state tax audits and, when necessary, on Internal Revenue Service appeals, for which he has a record of success for his clients. Larry is also a licensed producer for life, health, long-term care, and casualty insurance.

Harry A. Steindler

Larry Isaacson, CPA

Managing Partner

How he spends his time here

 

Expertise Industries Membership
  • Tax Consulting and Advisory Services
  • Estate and Gift Tax Planning
  • Management Consulting
  • Vehicle and Equipment Leasing Companies
  • Automobile and Truck Dealerships
  • Manufacturing and Distribution
  • Professional Services
  • Retail
  • Construction
  • Illinois CPA Society
  • American Institute of Certified Public Accountants
  • North Shore Roundtable Group for Managing Partners

 

How he got here

Bachelor of Science in Accounting, University of Illinois at Urbana–Champaign
Master of Science in Taxation, DePaul University

How he approaches his work

“My role as a trusted advisor for my clients and for our firm members has been rewarding to me. I look forward to continuing to provide innovative strategies to help position them for ongoing success.”

HOW HE SPENDS HIS TIME ELSEWHERE

“I enjoy golf, fishing, and spending time with my grandchildren.”

Resource Article

Tips and Best Practices for Nonprofit Cost Allocations

A significant challenge facing many nonprofit organizations involves determining how much of their resources and expenses go toward each of their programs. Nonprofits do not necessarily see returns on investment in the same way as for-profit businesses, so they must find other means for tracking the sustainability of their operations.

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Strategic Planning Matters!

Everyone knows that the executive leaders of successful small and medium-sized enterprises devote many hours on the day-to-day business operations. The pressure on Chief Executive Officers is without end. It is important that they dedicate time for periodic strategic planning because it matters to businesses’ overall success.

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