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Interviews | Dec 07, 2018 |

Talking with … Stanley Veliotis

Stanley VeliotisEach “Talking with…” feature helps you to learn more about a different Gabelli School faculty member, administrator, or staff member. This week, we’re speaking with Stanley Veliotis, associate professor of accounting and taxation and co-director of the Center for Professional Accounting Practices (CPAP)

What did you do before you joined the Gabelli School faculty?
I worked for nearly two decades in law and CPA firms before getting my PhD in 2007.

Which area of taxation and accounting do you find the most interesting to teach to students?
I like comparing the tax law’s measurement rules to how income and wealth is measured in other courses such as financial accounting and microeconomics.

Can you describe a specific way your role as co-director of CPAP helps to serve others?
Speakers from industry at CPAP events give my students a great chance to hear other views and to network.

What was one of your biggest successes of the fall semester?
On October 22, we held our CPAP event, where four speakers from academia and industry spoke about the major international tax changes in the Tax Cuts and Jobs Act.

What is something everyone should know about the Tax Cuts and Jobs Act that they might not realize?
Far more taxpayers will no longer be itemizing their deductions because the standard deduction was doubled and state/local tax deduction is now capped at $10,000. For example, my own tax return will use the standard deduction for the first time in decades.

What is a project or event you are looking forward to for next semester?
I am planning my next global immersion study tour course, this time to Athens.

 

Fun questions

Which of the Star Wars movies have you seen?
I have only seen the Star Wars trailers, even dating back to the first movie when I was in high school. If it has to be something set away from Earth, I still enjoy 2001: A Space Odyssey.

Favorite concert you’ve attended:
Gipsy Kings

Concert you’d love to attend:
Genesis, if they ever reunite, especially the original lineup

You’re granted either a three-day vacation to anywhere in the world or a “staycation” for two weeks. Which do you choose?
I’d pick the three-day vacation—to the Cyclades islands…especially if it comes with a time machine.

What was your favorite holiday to celebrate as a kid?
Assumption of Mary: August 15

What is your favorite holiday to celebrate now?
Thanksgiving

 

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