William S. Chunowitz, CPA
William Chunowitz, CPA, is a former partner of Chunowitz, Teitelbaum & Mandel, Ltd. His practice focused on business planning and consulting with a strong emphasis in business valuations and support litigation. He was personally involved in numerous negotiations for the purchase and sale of McDonald’s® restaurants. His litigation support experience includes depositions and testimony as an expert witness, assistance to counsel in litigation strategy and valuations of closely held business interests. He participated as a panelist and guest financial speaker at many McDonald’s financial and business seminars and owner/operator meetings.
Mr. Chunowitz is a member of the American Institute of Certified Public Accountants and the Illinois CPA Society. He is a recipient of Illinois Society and American Institute of CPA Public service award for Community and Charitable Involvement; Co-Founder and past president of the Chicago Ronald McDonald House; past Vice President and Treasurer of International Advisory Board (IAB) National Ronald McDonald House Program; Past President of McDonald’s® Owners of Chicagoland and Northwest Indiana and Board member of Ronald McDonald House Charities Chicagoland & Northwest Indiana. He received his Bachelor of Science degree in accounting from Roosevelt University, Chicago, Illinois.
Michael S. Teitelbaum, CPA
Michael S. Teitelbaum, CPA, is a partner in the firm of Chunowitz, Teitelbaum & Mandel, Ltd. He received his Bachelor of Science Degree in Accounting and his C.P.A. certificate from the University of Illinois.
Mr. Teitelbaum's expertise is providing accounting and financial services to McDonald’s® franchisees and other quick service restaurants, hotel industry franchisees and provides services to a varied group of clients in the janitorial, construction, professional and distribution industries. In addition to accounting services, he provides business consulting, income and estate tax planning, valuations for the purchase, sale of businesses or gifting and litigation support services. He has been a panelist at many regional McDonald’s® owner /operators meetings and lectured on financial statements presentations, income taxes and preservation of wealth.
Mr. Teitelbaum is a member of the American Institute of Certified Public Accountants and the Illinois CPA Society. He has served as a member of the ICPAS Board of Directors and was past Vice-President. He has served as past Chairman of Illinois CPA Society CPE Council, member of the Operations Committee and Representative of Councils to the AICPA. He was a past President of the North Shore Chapter of ICPAS and has been a volunteer fundraiser for Foundation of Ileitis & Colitis and the American Cancer Fund.
Karyl L. Mandel, CPA
Karyl L. Mandel, CPA, is a partner in the firm of Chunowitz, Teitelbaum & Mandel, Ltd. Mrs. Mandel was educated at the University of Michigan, Roosevelt University and Oakton Community College. She received her C.P.A. certificate from the University of Illinois.
Mrs. Mandel has served as the Chairman of the Illinois C.P.A. Society Estate and Gift Tax Committee and a member of the ICPAS Taxation Committee and the Board of Directors. She has published numerous tax related articles in professional journals and magazines and has frequently taught tax courses for a variety of organizations. She’s a former president of Chicago Region of Women's American ORT and is a member of National Association of Women Business Owners (NAWBO). She is also the author of the firm's nationally distributed and widely acclaimed TaxTips newsletter.
Mrs. Mandel has more than 35 years of experience working with entrepreneurs. Her client base includes restaurant franchisees, manufacturers, athletic and tennis clubs, legal, medical and other professional practices, real estate developers and investors as well as the retail field. She has lectured on financial statement issues as they relate to business operations and tax planning as well as most facets of individual, business and estate taxation. Other areas of her practice include restaurant valuation, litigation support, as well as estate planning. She has been a panelist and guest financial speaker at many McDonald’s® financial and business seminars and owner/operator meetings.
Mrs. Mandel is also a registered investment advisor and licensed life insurance provider. She is listed in five Who's Who publications including Who's Who of American Women and Who's Who in America.
She is a member of the American Institute of Certified Public Accountants and the Illinois CPA Society as well as the Chicago and North Suburban Estate Planning Councils.