Thomas Purcell
Thomas Joseph Purcell, Ph.D., CPA
Professor of Accounting
Department of Accounting
  • Ph.D. 1988 University of Nebraska-Lincoln - Major Field of Study: Accounting - Taxation - Support Fields: Public Finance Investments - Dissertation Topic: An Analysis of the Federal Income Tax Concept of Earnings and Profits as Compared to the Financial Accounting Concept of Retained Earnings
  • M.A. 1978 University of Missouri, Columbia - Major Field of Study: Accounting
  • ​J.D. 1977 Creighton University - Major Field of Study: Law, Cum laude
  • B.S.B.A. 1972 Creighton University - Major Field of Study: Accounting

Academically Refereed Journals

“An Analysis of the Feasibility of Corporate Income Tax Harmonization Between Member Countries of the European Economic Community and the Organization for Economic Co-operation and Development” with Jim Scott (my participation was 60% - International Journal of Accounting Education and Research, Vol. 21, Number 2, Spring, 1987, p. 109-131.

“An Analysis of the Formation of Federal Income Tax Policy” - Creighton Law Review - Vol. 18, No. 3, 1984-85, pg. 653-683.

“Charting the Leasing Sea: Safe Harbors After ERTA,” with Barbara S. Perlman (my level of participation was 50%) - Creighton Law Review, Vol. 15, No. 3, 1981-82, pg. 619-637.

Professionally Referred and Edited Journals (National Publications)

“Circular 230 New Regulations Will Impact The Provision of Written Tax Advice and CPAs who Practice Before the IRS” with Blatch, Bresnahan, Schreiber, and Schrock, The Tax Adviser (December, 2014, forthcoming)

“The Model Tax Curriculum: 2014 Revisions Provide a Valuable Tool for Accounting Programs,” with Nellen, Nichols, Rhoades-Catanach, Rubin, Sawyers, and Spilker, 45 The Tax Adviser 588 – 592, August, 2014

“Integrating Tax Ethics Into The First Tax Course” 44 The Tax Adviser 784 – 787, November, 2013.

Editor and Co-Author, Tax Practice Responsibilities Column, “Current Tax Return Disclosure Issues Involving Sec. 7216,” 44 The Tax Adviser 546-549 (August, 2013).

“Tax Practice Responsibilities” 42 The Tax Adviser 346 – 348, May, 2011

“Changes in Tax Practice Standards Affect CPAs,” with James Sansone and Donald Tracy (my level of participation was 75%), Journal of Accountancy, Vol. 192, No. 6, May, 2010, pg. 24 – 28.

“Service Learning and Tax: More Than VITA,” 40 The Tax Adviser 550 – 552, August, 2009

“The Production of Guidance Process Continues Under Sec. 199 – Final Regulations, Temporary Regulations and Much More [Part 2],” with Bob Zarzar and George Manousos (my level of participation was 75%). Business Entities January/February 2007, pg. 4 – 9, 62.

“The Production of Guidance Process Continues Under Sec. 199 – Final Regulations, Temporary Regulations and Much More [Part 1],” with Bob Zarzar and George Manousos (my level of participation was 75%). Business Entities, November/December, 2006, pg. 4 – 23, 59 – 61[cover/lead article].

“Professional Committee Service – A Win-Win Strategy” 37 The Tax Adviser 678 – 680, November, 2006

“Tangible Guidance On Intangibility—New Section 263 Regulations Provide Taxpayers With Much Certainty,” with Annette Nellen (my level of participation was 50%), Business Entities, Vol. 6, No. 5, September/October 2004, pg. 6 – 15, 55 – 56 [cover/lead article].

“Tax Services After Sarbanes-Oxley,” with David Lifson (my level of participation was 75%). Journal of Accountancy, Vol. 196, No. 5, November, 2003, pg. 32 – 37. [cover/lead article] [Online at http://www.aicpa.org/pubs/jofa/nov2003/purcell.htm]; cited in Omer, Bedard and Falsetta, “Auditor-Provided Tax Services: The Effects of a Changing Regulatory Environment,” 81 The Accounting Review, No. 5, 1095 – 1117 (October, 2006) at 1098.

“Preparing Students for the New CPA Examination,” with Shirley Dennis-Escoffier, Jane Rubin, and Jeffrey Totten (my level of participation was 25%), The Tax Adviser Vol. 34, No. 2, 108-110 (February, 2003).

“Use of the Cash Method of Accounting by Closely Held Businesses,” with Diane Herndon (my level of participation was 75%), Business Entities, Vol. 4, No. 5, September/October 2002, pg. 14 – 19, 64 [cover/lead article].

“Strategic Planners Lead the Pack,” Journal of Accountancy, Vol. 192, No. 6, December, 2001, pg. 26 – 30.

“Auditor Independence and Tax Practitioners,” with David Lifson (my level of participation was 75%), Journal of Accountancy, Vol. 191, No. 6, June, 2001, pg. 71 –74.

Books and Chapters

Chapter 1A, “Government Benefits, Welfare Benefits and Miscellaneous Exclusions,” LexisNexis Federal Tax Advisor – Topical (online tax service – initial publication, January 2007), with Matthew Otteman (my level of participation was 90%).

1040 Planning and Review, with Jim Jandrain (my level of participation was 50%) – self study course for AICPA, May, 1994; reprinted February, 1995.

Individual and Corporate Alternative Minimum Tax Strategies - group study course for AICPA, April, 1993; reprinted April, 1994; reprinted April, 1995.

The Alternative Minimum Tax: Corporate and Individual - self study course for AICPA, February, 1991; reprinted January, 1992; April, 1993; updated November, 1993; reprinted April, 1995.

Accounting Periods and Methods - lead author and editor of book co-authored with Don Wiese, retired tax partner from Deloitte & Touche (my level of participation was 50%) (Commerce Clearing House; published Spring, 1987; revised edition, September, 1989).

Other Journals and Publications

“Higher Debt Makes Case Against Tax-Cut Extension,” Omaha World Herald, Midlands Voices Column, September 24, 2010, with John Deskins.

“Tax Accounting Periods and Methods,” Extended discussion outline, was selfpublished and used by Prof. George White at George Washington University in the graduate tax program as part of the course materials, Fall, 2009.

“Obama Tax Plan would Reverse 50-year Tilt in Favor of Wealthy,” Omaha World Herald, Midlands Voices Column, October 29, 2008, p. 9b.

“New Guidance Given for Cash Method Accounting” The Nebraska CPA, September, 2002, p. 8.

“New Independence Standards Will Impact Practice” The Nebraska CPA, April, 2002, p. 2.

“Independence Issues Re-Emerge” The Nebraska CPA, December, 2001, p. 4.

“Mark-to-Market Changes Explained,” The Nebraska CPA, December 1998, p. 2.

Book Review, Willis and Davis, West’s Federal Taxation: An Introduction to Business Entities, 1998 Edition, (West Educational Publishing Company), Journal of the American Taxation Association - Vol. 20, No. 2, Fall, 1998 (135-137).

Book Review, Eustice and Kuntz, Federal Income Taxation of S Corporations, 3rd edition, (Warren, Gorham and Lamont, 1994), Journal of the American Taxation Association - Vol. 17, No. 2, Fall, 1995 (108-109).

Abstract of dissertation appeared in “Doctoral Research in Taxation” - The Journal of the American Taxation Association - Vol. II, No. 1, Fall, 1989, p. 138.

Assisted in revising (through 1989) Touche Ross & Co. - Basic and Advanced Individual Tax Course materials - approximate length 250 pages each. Revised and updated for 1981, 1982, 1984, 1986, 1987, 1988 and 1989 tax legislative, regulatory and judicial changes.

Co-authored Touche Ross & Co. - Audit to Tax Transfer Course Materials (1986) - approximate length 250 pages.

Co-revised Touche Ross & Co. - Basic Corporate Tax Course Materials - approximate length 250 pages. Revised and updated for 1981, 1982, 1984, 1986, 1987, 1988 and 1989 tax legislative, regulatory and judicial changes.

“Tax Aspects of Property Contributed to Partnerships” Prentice Hall, Oil and Gas/Natural Resources, Para. 3022, p. 3601, May 28, 1987.

Tax notes for Nebraska Society of CPAs - May, 1983 Newsletter, July, 1983 Newsletter, April, 1985 Nebraska CPA, and May 1986 Nebraska CPA.

“The Demand for Graduate Accounting Tax Education in Nebraska,” Nebraska Society of CPAs Newsletter, June, 1981.

“Medical Reimbursement Plans After the Revenue Act of 1978,” with Randy Limbeck - Nebraska Society of CPAs - Journal, Spring, 1980.

Authored ten columns for Creighton University’s Alumnews - two other universities asked permission to reprint, 1980-82.

Tax Notes in Nebraska Society of CPAs Business Bulletin.