Welcoming Two New Partners to Topel Forman

Tax, Audit, Firm and Regulatory News

Posted on January 05, 2026

At Topel Forman, our growth is driven by people, and today, we are proud to share an important milestone in the continued evolution of our firm. We are excited to announce that Matt Osiol and Sandy Reyes have been named Partners of the firm, expanding our commitment to exceptional client service. This announcement reflects our long-term investment in leadership development, succession planning, and building a future-ready CPA and advisory firm that supports clients across every stage of their business and financial lives.

Expanding leadership at Topel Forman

As a growing accounting and advisory firm, leadership matters not only for internal culture, but for the continuity and depth our clients rely on. Matt Osiol joins the partnership from our Audit practice, where he has spent many years advising clients on audits. His leadership has been instrumental in strengthening our firm’s capabilities in key service areas. Sandy Reyes becomes a partner in our tax practice. She has spent her career advising high-net-worth clients and is known for her personal touch on each engagement.

Together, these appointments enhance our firm’s ability to deliver consistent, high-quality service while preparing the next generation of leaders in public accounting and advisory services.

What This Means For Our Clients

For our clients, adding new partners is more than a leadership announcement. This is an affirmation of stability, continuity, and forward momentum. With Matt and Sandy stepping into roles, we increase our partner group to eighteen, and clients benefit from:

Leadership knowledge and depth across tax, accounting, and advisory services.
Strong continuity of service and long-term relationship management.
Enhanced expertise in growing practice areas.
A firm committed to future-focused growth and innovation.

As business and financial landscapes continue to evolve, our clients can feel confident knowing they are supported by a firm that is investing in people, leadership, and long-term success.

“This is an exciting moment for our firm,” said David Levine, Managing Partner. “Matt and Sandy exemplify the values we stand for: integrity, excellence, and a deep commitment to our clients and our people. Their leadership strengthens our future and reinforces the depth of talent we continue to build across the firm.”

Looking Ahead

Leadership appointments are about strengthening the foundation of our firm for years to come. By investing in experienced professionals, we continue to build our client-focused CPA and advisory firm equipped to meet tomorrow’s challenges.

Please join us in congratulating Matt and Sandy on their well-deserved promotions to Partner.

Understanding the Illinois Gives Tax Credit Act

Mar 25, 2026

Illinois Gives offers an opportunity to support long-term charitable endowments benefiting Illinois communities while receiving a state income tax credit. Illinois Gives contributions should be evaluated in the context of broader federal charitable planning, given that the Illinois credit both reduces Illinois income tax liability and, under federal quid pro quo rules, reduces the amount of the federal charitable deduction.

Gifting Strategies: Why The Annual Gift Tax Exclusion Matters

Mar 16, 2026

When we talk about gifting as part of a tax strategy, many people assume it’s something only the ultra-wealthy need to worry about. But gifting is actually one of the simplest and most powerful financial planning tools available – and a thoughtful gifting strategy can make a meaningful difference for your family, both now and in the long run.

Why estate taxes aren’t the only inheritance-related costs to consider

Mar 10, 2026

Estate planning discussions often focus on the federal estate tax exemption, but most families face different challenges when transferring wealth. Probate fees, state-level taxes, capital gains exposure, and administrative complexity can all erode inheritances – even for estates well below the federal threshold. A comprehensive estate plan addresses these hidden costs, not just headline tax numbers.