Richard Toolson Faculty: Professor Department of Accounting Washington State University, Pullman Office: Todd 237D Phone: 509-335-2121 Email: toolson@wsu.edu Media: Please contact Frances Ryan for more information         Expertise: Accounting: Retirement planning Accounting: Tax accounting Accounting: Taxation of investments Teaching Area: Master of Accounting (MAcc) Undergraduate - Accounting Research: Taxation of Treasury Inflation-Protected Securities Retirement versus taxable accounts for equities Comparison of defined contribution versus defined benefit plans at public universities Maximizing FDIC Coverage Through Proper Asset Titling Education: Ph.D., Accounting, Arizona State University, 1987 MA, Accounting, Arizona State University, 1985 MBA, Brigham Young University, 1976 BA, Economics, minor in Spanish, Brigham Young University, 1974 Professional Memberships: Washington Society of CPAs Publications: Article (Refereed journal): "Retirement Plan Options for Public University Faculty-The High Cost of a Wrong Choice," Journal of Deferred Compensation, 2008     Article (Refereed journal): "Retirement Plan Options for Public University Faculty-The High Cost of a Wrong Choice," Journal of Pension Planning and Compliance, 2008     Article (Refereed journal): "Tax Planning for the Use of TIPS at Retirement," The Tax Adviser, 2007     Article (Non-reviewed journal or magazine): "Dividend Strategies at Retirement-Taxable Accounts versus IRAs?," ATA (American Taxation Association) Case Exchange Program, 2006     Article (Non-reviewed journal or magazine): "When Should Investments in Equities Earmarked for Retirement Be Placed in Taxable Accounts Instead of Retirement Accounts?," CCH Financial and Estate Planning, 2006     Article (Refereed journal): "When Should Investments in Equities Earmarked for Retirement Be Placed in Taxable Accounts Instead of Retirement Accounts?," TAXES, 2006     Article (Refereed journal): "Formulating a Tax-Efficient Dividend Strategy for Retirement," Practical Tax Strategies, 2005     Article (Refereed journal): "Tax and Investment Planning With Royalty Trusts," The Tax Adviser, 2005     Article (Refereed journal): "Energy-Related Master Limited Partnerships Present Investment Opportunities With Some Tax Complexity," Taxes, 2004     Article (Refereed journal): "Revised Rules for Penalty-Free Early Periodic Retirement Payments," Practical Tax Strategies, 2003     Article (Book review): "Book Review of Wall Street Secrets for Tax-Efficient Investing," The Journal of the American Taxation Association, 2003     Article (Refereed journal): "Planning for the Effective Use of Capital Losses," Journal of Financial Service Professionals, 2002     Article (Refereed journal): "Improving the Tax Efficiency of Mutual Funds: Exchange Traded and Tax-Managed Funds," Journal of Taxation of Investments, 2002     Article (Non-reviewed journal or magazine): "Liquidating Retirement Assets in a Tax Efficient Manner," AAII Journal (American Association of Individual Investors, 2002     Article (Refereed journal): "Finding the Right Place for REITs in an Investment Portfolio," Practical Tax Strategies, 2001     Article (Refereed journal): "Tax Efficient Investing: Maximize After-Tax Returns on Equity Investments," Practical Tax Strategies, 2000     Article (Refereed journal): "One Type of Tax-Deferred Savings Bond is Bound to Beat Inflation," Practical Tax Strategies, 2000     Article (Newspaper): "Let Upper Crust Pay Estate and Gift Taxes," Birmingham News, 2000     Article (Refereed journal): "Allocating Investments to Maximize After-Tax Return," The Tax Adviser, 1999     Article (Refereed journal): "TRA 97 Narrows Situations When Variable Annuities Make Sense," Journal of Taxation of Investments, 1998     Experience:    Teaching Teaching Assistant, Arizona State University, 1983-1985 Instructor of Accounting, Weber State University, 1981-1982    Professional Staff Accountant, Holley and Associates CPAs, 1978-1981 International Sales Coordinator, FMC Corporation, 1976-1978 Service: Accounting Ph.D. dissertation committee, Member Undergraduate and Masters Program Task Force, Member Fee Committee (Presidential), Member Search Committee for Accounting Professor at Tri-Cities campus, Member Awards: Teaching Innovation Grant , College of Business , 2005 Dean's Fellow , College of Business , 2005 Accounting Professor of the Year , WSU Chapter of Beta Alpha Psi , 2001 Stanford Summer Tax Conference , Stanford University , 1990 Deloitte Haskins and Sells Doctoral Fellow , Deloitte Haskins and Sells , 1984 Languages: Spanish                                                         Contact us: business@wsu.edu Phone: 888-585-5433 Fax: 509-335-3851 | Accessibility | Copyright | Policies College of Business, PO Box 644750, Washington State University, Pullman, WA 99164-4750 USA