Mark D. DeVience, CPA, has been with MichaelSilver since 1986. Before starting at MichaelSilver, Mark worked as an auditor for six years at a local CPA firm.

Mark focuses in the area of federal and state income tax planning and compliance for privately held businesses. Knowing that each business is unique, Mark’s tax and financial expertise allows him to provide business consulting, blending both financial and tax perspectives specifically tailored to the client’s needs. He has numerous years of experience representing clients before the Internal Revenue Service, state, and local tax agencies. Mark’s approach to handling conflicting opinions and adversarial situations was featured in an article by a nationally syndicated newspaper columnist.

Mark has been providing business and income tax guidance for more than 40 years. His wealth of experience provides clients the confidence of knowing that they are taking full advantage of the federal and state income tax benefits.  He has also worked closely with business owners and attorneys in efficiently structuring the purchase and sale of their businesses.

Harry A. Steindler

Mark D. DeVience, CPA


How he spends his time here

Expertise Industries Membership
  • Federal and State Income Tax Planning and Compliance
  • Representation Before Government Taxing Agencies
  • Business Purchase and Sales Consulting
  • Business Financial and Cash Flow Planning
  • Vehicle and Equipment Leasing Companies
  • Automobile and Truck Dealerships
  • Professional Services
  • High Net Worth Individuals
  • Race Horse Owners and Farms
  • Illinois CPA Society
  • American Institute of Certified Public Accountants
  • United States Trotting Association
  • Illinois Harness Horsemen’s Association
  • Board Member for Gladstone Park Neighborhood Association

How he got here

Bachelor of Business Administration (Accounting), Cum Laude, Loyola University Chicago
Master of Science in Taxation, With Distinction, DePaul University

How he approaches his work

“Every client is unique. Having the client lead the discussion allows me to hear their issues, needs, and desires. With this background, I can develop an action plan for success. My reward, a smiling client saying ‘Thank You.’”


“I enjoy watching my race horses compete as well as traveling the back roads of America and the solitude of fishing.”

Resource Article

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As if the current pass-through entity tax requirements were not complicated enough, the IRS introduced new schedules to the mix. Schedules K-2 and K-3 were created for the reporting of international income, deductions, credits, and other miscellaneous items. In case you are not familiar with the term, “pass-through entities” include partnerships, S corporations. Such entities do not generally pay income taxes directly, but rather “pass-through” taxable income, deductions, and credits to their owners.

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Introduction to Cryptocurrencies, An Article Series – #1 of 3

The evolution of today’s economies, governments, banking systems, and societies has led to the creation of virtual currency and digital assets. Many businesses and individuals are looking to expand their portfolios to include such assets. However, with these assets being so new, there is a lack of clarity in terms of tax treatment and financial reporting.

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Starting a New Business? Let Us Help.

Starting a new business is an exciting time in a person’s life. Excitement, however, is one of several emotions that will undoubtedly be felt as you embark on this journey of entrepreneurship. Feelings of stress, uncertainty, and fear are common. Successfully building a business can be incredibly difficult, but also highly rewarding.

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Senior, Tax – Deerfield

As a Senior, Tax accountant, you will be responsible for the preparation and technical review of individual, partnership, corporate, and fiduciary income tax returns.

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