Stephen C. Gara
JD, LLM, PhD, CPA
Associate Professor of Accounting
College of Business & Public Administration
Old Dominion University
Norfolk, Virginia

Education

University of Memphis Fogelman College of Business and Economics School of Accountancy Memphis, Tennessee *Doctor of Philosophy*, 1998 Major: Accounting & Minor: Economics	Georgetown University Law Center Washington, DC *Master of Laws in Taxation*, 1994 Major: Taxation

Southern Methodist University Dedman School of Law Dallas, Texas *Juris Doctor*, 1993 Major: Law	Syracuse University Whitman School of Management Syracuse, New York Bachelor of Science, 1990 Majors: Finance and Transportation/Distribution Management

Other Schools Attended:
American University, Washington, DC, Summer 1994
University of Oxford, Oxford, UK, Summer 1991
William Paterson University, Wayne, NJ, Summer 1988
County College of Morris, Randolph, NJ, Summer 1987
Newark Academy, Livingston, NJ (High School)

Research

Journal Publications:

Tax Planning for Military Personnel, The CPA Journal, forthcoming
Challenging the Finality of Tax Court Judgments: When is Final Not Really Final, Akron Tax Journal, Spring 2005 (Vol. 20)
Responsible Person Penalties and Payroll Service Providers, Oil, Gas & Energy Quarterly, September 2004 (Vol. 53/1) (with Sally Wahrmann), reprinted in Monthly Digest of Tax Articles.
Sarbanes-Oxley: A New Ballgame for Accountants, University of Memphis Law Review, Fall 2003 (Vol. 34) (with Craig J. Langstraat)
Auditors' Client Inquiry Process, Managerial Auditing Journal, Spring 2003 (Vol. 18/2) (with Christie Comunale & Thomas Sexton)
An Empirical Examination of the Pricing of Seasoned Equity Offerings: A Test of the Signaling Hypothesis, Review of Quantitative Finance and Accounting, Sept. 2001 (Vol. 17) (with Khondkar Karim, Robert Rutledge & Mojib Ahmed)
Political Costs and Accounting Method Choice: The Pharmaceutical Industry, Mid-Atlantic Journal of Business, Dec. 2000 (Vol. 36/4) (with Michael Meyer & Khondkar E. Karim)
Security Price Reaction To Tax Law Changes: A Case of Tax Amortization of Purchased Goodwill, Advances in Taxation, 2000 (Vol. 12) (with Khondkar Karim)
Equity Issue Puzzle With Respect to Security Price Behavior: A Test of the Relevance of Growth Opportunities and Leverage, International Journal of Finance, Fall 1999 (Vol. 11/2) (with Mojib Ahmed, Khondkar Karim, Robert Rutledge & Philip Siegel)
Property Valuation for Transfer Taxes: Art Science or Arbitrary Decision, Akron Tax Journal, 1996 (Vol. 12) (with Craig Langstraat)
Retroactive Tax Law Changes: The ESOP Experience, Estates, Gifts and Trusts Journal, March 1995 (Vol. 20/2) (with Craig Langstraat)

Proceedings Publications:

Predictors of Success in Accounting Distance Education: Tax Research & Televised Instruction, Journal of the Academy of Business Education, 2003 (Vol. 4/Proceedings Issue).
Saving for College: Higher Education Tax Incentives, Proceedings of the American Society of Business and Behavioral Sciences, 2003 (Vol. 10/1)
Section 1400L: Terrorism, Tax Relief, and the New York Liberty Zone, Proceedings of the AAA Mid-Atlantic Regional Meeting, 2003

Academic Presentations:

The Tax Court: Article I and Judgment Finality, 2005 American Taxation Association Mid-Year Meeting, Washington, DC (March 2005)
Professional Ethical Crises: A Case Study of Accounting Majors, 2004 AAA Annual Meeting, Orlando, Florida (August 2004) (Christie Comunale and Thomas Sexton)
XML and XBRL Usage: A Socio-Economic Perspective, 2004 AAA Mid-Atlantic Regional Meeting, Arlington, Virginia (April 2004) (with Robert Pinsker and Khondkar Karim)
Challenging the Finality of Tax Court Judgments: When is Final Not Really Final, 2004 Mid-Atlantic Academy of Legal Studies in Business Annual Meeting, College Park, Maryland (March 2004)
Ethical Orientation of Accounting Majors: How Does It Influence Their Perceptions and Actions, 2004 Teaching and Learning Conference, Orlando, Florida (January 2004) (with Christie Comunale and Thomas Sexton)
Predictors of Success in Accounting Distance Education: Tax Research & Televised Instruction, 2003 Academy of Business Education Annual Meeting, San Francisco, California (September 2003)
Section 1400L: Terrorism, Tax Relief, and the New York Liberty Zone, 2003 AAA Mid-Atlantic Regional Meeting, Philadelphia, Pennsylvania (April 2003)
Sarbanes-Oxley: A New Ballgame for Accountants, 2003 Mid-Atlantic Academy of Legal Studies in Business Annual Meeting, College Park, Maryland (with Craig J. Langstraat) (March 2003)
Saving for College: Higher Education Tax Incentives, 10^th American Society of Business and Behavioral Sciences Annual Meeting, Las Vegas, Nevada (February 2003)
Responsible Person Penalties and Payroll Service Providers, 2002 AAA Western Regional Meeting, San Diego, California (with Sally Wahrmann)(April 2002)
Education Tax Incentives After the 2001 Tax Act, 2002 AAA Northeast Regional Meeting, Providence, Rhode Island (April 2002)
Responsible Person Penalties and Payroll Service Providers, 9^th American Society of Business and Behavioral Sciences Annual Meeting, Las Vegas, Nevada (with Sally Wahrmann)(February 2002)
An Empirical Examination of the Pricing of Seasoned Equity Offerings: A Test of the Signaling Hypothesis, 2001 AAA Northeast Regional Meeting, Portland, Maine (with Khondkar E. Karim, Robert W. Rutledge, and Mojib Ahmed) (May 2001)
Political Costs and Accounting Method Choice: The Pharmaceutical Industry, 2001 AAA Mid-Atlantic Regional Meeting, Morgantown, WV (with Michael Meyer & Khondkar E. Karim) (March 2001)
Political Costs and Accounting Method Choice: The Pharmaceutical Industry, 2000 American Accounting Association Annual Meeting, Philadelphia, PA (with Michael Meyer & Khondkar E. Karim) (August 2000)
An Empirical Examination of the Pricing of Seasoned Equity Offerings: A Test of the Signaling Hypothesis, Eighth Conference on Pacific Basin Finance, Economics and Accounting, Bangkok, Thailand (with Khondkar E. Karim, Robert W. Rutledge, and Mojib Ahmed) (June 2000)
Security Price Reaction to Tax Law Changes: A Case of Tax Amortization of Purchased Goodwill, 2000 AAA Northeast Regional Meeting, Boston, MA (with Khondkar E. Karim) (April 2000)
Political Costs and Accounting Method Choice: The Pharmaceutical Industry, 2000 European Accounting Association Annual Congress, Munich Germany (with Michael Meyer & Khondkar E. Karim) (March 2000)
Mentoring Relationships & Organization Justice Among Tax Professionals, Fourth Jerusalem International Conference: Ethics in the Information Age, Jerusalem, Israel (with Philip Siegel, Charles Barragato & Sally Wahrmann) (June 1999)
Security Price Reaction to Tax Law Changes: A Case of Tax Amortization of Purchased Goodwill, 1999 AAA Mid-Atlantic Regional Meeting, Harrisburg, PA (with Khondkar E. Karim) (March 1999)

Professional Presentations:

“Paying for College: Tax Incentives for Higher Education,” L.I.U. - C.W. Post Tax and Accounting Institute, June 2002 (CPE Presentation).
"Year-End Tax Update," Society of Financial Service Professionals, December 2000 (CPE Presentation)
"Metropolitan Tax Update," L.I.U. - C.W. Post Tax and Accounting Institute, December 1998 (CPE Presentation).

Work in Progress:

XBRL Usage: A Socio-Economic Perspective (with Robert Pinsker & Khondkar Karim) (under review – Review of Business Information Systems)
Professional Ethical Crises: A Case Study of Accounting Majors (with Christie Comunale & Thomas Sexton) (under review – Journal of the Academy of Business Education)
Capital Market Reaction to Accounting Standard Changes: SFAS 142 (final write-up stage) (target journal – Research in Accounting Regulation)
Taxing Political Activity: The IRS and Section 527 (initial write-up) (target outlet – ATA JLTR)
Market Reaction to FICA Tax Litigation: Fior D’Italia v. United States (data collection stage)
Informativeness and Firm Valuation Effects of Regulation-FD (with Robert Pinsker & Khondkar Karim) (data collection)
Empirical Examination of Internal Control Deficiencies: Sarbanes-Oxley Section 404 (with Douglas Ziegenfuss) (data collection)

Other:

Share-Market Reaction to Tax Law Changes: Tax Amortization of Purchased Goodwill, Journal of the American Taxation Association, Fall 1999 (Doctoral Research in Taxation - Dissertation Abstract).

Teaching Experience

Old Dominion University
Department of Accounting
Norfolk, Virginia
Associate Professor (2002-present)

ACCT 201 (Principles of Accounting I)
TAX 650 (Tax Research)
TAX 651 (Corporate Taxation)
TAX 651 (Partnership Taxation)
TAX 660 (Taxation of Property Transactions)
TAX 661 (S Corporation Taxation)

Long Island University - C.W. Post Campus
School of Professional Accountancy
Brookville, New York
Assistant Professor (1998-2002)

LAW 13 (Legal Environment of Business)
LAW 19 (Commercial Law for Accountants - undergraduate)
TAX 616 (Federal Income Taxation I-graduate)
TAX 620 (Tax Accounting)
TAX 625 (Federal Taxation of Estates, Gifts & Trusts)
TAX 729 (State & Local Taxation)
TAX 760 (Tax Research)
TAX 762 (Practice & Procedure in Federal Taxation)
TAX 771 (Corporate Taxation)
TAX 772 (Corporate Reorganizations)
TAX 777 (Estate Planning)
TAX 779 (Tax Exempt Organizations)
BLW 602 (Commercial Law for Accountants - graduate)
ACC 11 (Principles of Financial Accounting) - SCALE (High School)
ACC 12 (Principles of Managerial Accounting) - SCALE (High School)

University of Memphis
School of Accountancy
Memphis, Tennessee
Teaching Assistant/Instructor (1994-1998)

ACCT 3510 (Federal Income Taxation I)
ACCT 2410 (Computer Applications in Accounting)
ACCT 2020 (Fundamentals of Accounting II-Managerial)

Professional Experience

O'Connell and Associates, Washington, DC, Tax Attorney, 1994

Professional Certification and Licensure

Certified Public Accountant (Maryland)-1997 (passed exam on first attempt)
Licensed Attorney (Texas)-1993 (inactive)

Affiliations

Professional

Community/Civic

Civil Air Patrol (U.S. Air Force Auxiliary)
National Eagle Scout Association
The Carl A. Spaatz Association
Knights of Columbus

Service Activities

Institutional

Old Dominion University

University Student Conduct Committee (2003 - present)
College of Business & Public Administration, Information Technology Committee (2002 - present)

Long Island University

Coordinator, Graduate Taxation Program (1998 - 2002)
Director, L.I.U.-C.W. Post Tax & Accounting Institute (1998 - 99)
Co-Faculty Advisor, Accounting Society/Beta Alpha Psi (2000 - 2002)
Faculty Advisor, VITA program (1999 - 2002)
Faculty Advisor, Andersen Tax Challenge (1999 - 2001)
C.W. Post Campus, Academic Calendar, Scheduling & Space Utilization Committee (1999 - 2002)
College of Management, Faculty Development Committee (1998 - 2002)
College of Management, Undergraduate Curriculum Committee (2001 - 2002)
College of Management, Strategic Planning Committee (1999 - 2000)
College of Management, International Programs Development Committee (2000 - 2002)
School of Professional Accountancy, Graduate Tax Program Committee (Chair) (1998 - 2002)
School of Professional Accountancy, Business Law Committee (2001 - 2002)
School of Professional Accountancy, Awards Committee (1999 - 2002) (Chair 2000-01)
School of Professional Accountancy, Personnel Committee (alternate) (1998 - 1999)

University of Memphis

Doctoral Student Representative, Graduate Council, College of Business & Economics (1997-98)
President, Doctoral Business Students Association, 1996-98

Professional

Reviewer, 2005 AAA Annual Meeting
ATA Educational Research Committee (2004 – present)
Reviewer, 2004 AAA Northeast & Southeast Regional Meetings
ATA Southeast Regional Coordinator (2003 – 2004)
Contributing Editor, Oil, Gas & Energy Quarterly (2003 - present)
Reviewer, 2003 AAA Northeast & Southeast Regional Meetings
Reviewer & Discussant, 2002 AAA Northeast Regional Meeting (Providence, RI)
ATA Graduate Tax Programs Committee (2001 - 2003)
ATA Regional Programs Committee (2001 - 2004)
Moderator, 2001 AAA Annual Meeting (Atlanta, GA)
Reviewer & Discussant, 2001 AAA Mid-Atlantic Regional Meeting (Morgantown, WV)
Discussant, 1999 AAA Annual Meeting (San Diego, CA)
Moderator, 1999 AAA Mid-Atlantic Regional Meeting (Harrisburg, PA)
Reviewer, 1999 AAA Northeast Regional Meeting (Rochester, NY)
Grader, Uniform CPA Examination, AICPA (November 1999 exam)
Articles Editor, The International Lawyer, 1991-93

Community

President, Abingdon Village Homeowners’ Association
Newsletter Editor, Knights of Columbus Council #10515
Treasurer, College Park PTA

Honors & Awards

Best Paper Award (Ethical Orientation of Accounting Majors: How Does It Influence Their Perceptions and Actions?), 2004 College Teaching & Learning Conference
Recipient, ODU Faculty Summer Research Fellowship (2003)
Faculty Inductee, Beta Alpha Psi (Kappa Omicron Chapter -LIU) (2002)
Who's Who in Finance and Industry (1998 & '99)
Deloitte and Touche AAA Doctoral Consortium Fellow (1997)
AAA Southeast Region Doctoral Consortium Fellow (1996)

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Dr. Stephen C. Gara

Department of Accounting

Old Dominion University

Norfolk, VA 23529

sgara@odu.edu
Revised: 1/05

Stephen C. GaraJD, LLM, PhD, CPAAssociate Professor of AccountingCollege of Business & Public AdministrationOld Dominion UniversityNorfolk, Virginia