Leonard Gerstein is one of Chicago's best-known experts on IRA planning and is one of only a handful of IRA experts nationwide. Leonard has built his expertise from three distinct and valuable perspectives; as an employee of the Internal Revenue Service (IRS), a partner in a CPA firm and as an attorney specializing in estate and tax planning.
Leonard worked for the IRS, auditing individual and corporate taxpayers, resolving disputes between taxpayers and the IRS, and for two years, he was also an IRS instructor. As an instructor, he taught IRS revenue agents courses on basic income tax; trust income tax; and beginning and advanced corporate income tax.
Upon leaving the IRS he joined a CPA firm, subsequently becoming a partner. While at the CPA firm, Leonard worked on income and estate tax planning and handled many IRS audits, including disputes between taxpayers and the IRS.
In his current law practice, Leonard represents clients for estate tax and income tax planning, which includes IRA planning; IRS audit; tax controversies; probate of decedent's estates; criminal tax investigations; and he has served as an expert witness in state and federal courts.
Leonard has been a seminar leader and instructor for a number of years. He's explained the shifting currents of IRA planning and changing tides in estate and trust law to members of the Independent Accountants Association; the Illinois CPA Society; CPA study groups; and the Young Lawyers Division of the Chicago Bar Association.
Leonard's undergraduate degree is from Drake University. He has a Masters degree in Accounting from Roosevelt University, and graduated "with distinction" from Chicago's IIT-Kent School of Law.