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

Partner

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.’”

HOW HE SPENDS HIS TIME ELSEWHERE

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

Resource Article

Compensation and Motivation

Compensation is defined in two basic ways.
1. Making up for someone’s loss or damage by giving the injured party an appropriate benefit. Examples include: payment of a workman’s compensation claim, or giving a raise to an employee to offset the negative feelings from being passed over for promotion.
2. Rewarding someone for services such as wages and benefits paid to an employee.

This article primarily addresses the second meaning.

read more

Manager, Accounting and Assurance – Deerfield

Managers in our Accounting and Assurance Group play an integral role at MichaelSilver by providing high-quality accounting, assurance, and consulting services for clients within a supportive, team environment. The ideal candidate is energetic, engenders trust, enjoys the opportunity to be innovative and consultative and is looking to become an important part of an exceptional firm.

read more

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.

read more

Manager, Tax – Deerfield

The Manager plays an integral role in our Tax Department by providing high quality tax services for clients and management of staff within a...

read more