Susan Waterloo has been with MichaelSilver for over 20 years and became a Partner in July 2019. Prior to joining the firm, Susan spent nine years as a tax manager and senior auditor at a “Big Four” firm, working primarily in the real estate syndication industry, as well as on professional services partnerships and their owners.
With more than 25 years of complex experience, Susan focuses on a consultative approach to understanding her clients’ needs and providing appropriate compliance services, tax strategies, and planning. She works primarily with high net worth, multi-generational family groups involved in active businesses, investment and real estate partnerships, trusts, and private foundations. In addition, Susan has extensive experience representing clients (both individual and business) in IRS examinations, penalty abatements, protests and formal appeals, including success at the IRS National Office level. She also serves on the firm’s automobile dealership committee.
Susan has been involved in a wide array of firm initiatives including recruiting and hiring, mentoring tax department staff, developing and guiding the charitable and community outreach team, and serving as the firm’s technical resource in flow-through entity taxation.
Susan is a member of the Illinois CPA Society and the American Institute of Certified Public Accountants and is licensed in the state of Illinois. She serves as the Second Vice-President of the Northwest Suburban Estate Planning Council and is also on the Board of Directors. She earned a Bachelor’s degree in Accountancy and a Master of Science in Taxation with distinction, both from DePaul University.
A lifelong resident of the Chicago area, Susan was an energizing volunteer in her sons’ schools, including as the leader of a Principal’s Council, as a key member of a district-wide leadership and strategic planning team for a large elementary and junior high northwest suburban school district, and spear-heading a community outreach initiative. When she’s not working, Susan enjoys spending time with her husband and two sons, is an avid reader, and enjoys touring modernist architecture.
Contact Susan at [email protected].