Photo of Vernon, Mary

Mary Vernon

Assistant Professor

Department of Accounting

Contact

Building & Room:

UH 2321

Address:

601 S. Morgan St., Chicago, IL 60607

CV Link:

Mary Vernon

Related Sites:

About

Mary Vernon joined the department as an assistant professor in the fall of 2023. Mary earned her Ph.D. from the University of Wisconsin-Madison in 2021. Her research interests include corporate tax avoidance, multi-jurisdictional taxation, and accounting for income tax. She earned both a B.S. and a M.A.S. degree in accounting from Northern Illinois University. Prior to joining academia, Mary worked in wealth management and in public accounting focusing in tax. She also continues to hold a CPA license in the state of Illinois.

Selected Publications

  • “Tax Havens and Reputational Costs” with Adrienne DePaul and Frank Murphy. 2025. Journal of Accounting and Economics 79 (2-3).
  • “The Effect of U.S. Country-by-Country Reporting on U.S. Multinationals’ Tax-Motivated Income Shifting and Real Activities.” with Michelle Nessa, Anh Persson, Jane Song, and Erin Towery. 2025. Journal of Accounting Research 63 (2): 951-988.
  • “The Effect of U.S. Tax Reform on the Taxation of U.S. Firms’ Domestic and Foreign Earnings” with Scott Dyreng, Fabio Gaertner, and Jeffrey Hoopes. 2023. Contemporary Accounting Research 40 (3): 1881-1908.
  • “Internal Information Quality and State Tax Planning” with Stacie Laplante and Dan Lynch. 2021. Contemporary Accounting Research 38 (4): 2589-2621.
  • “The Effect of the Tax Cuts & Jobs Act of 2017 on Defined Benefit Pension Contributions” with Fabio Gaertner and Dan Lynch. 2020. Contemporary Accounting Research 37 (4): 1990-2019.

Service to Community

  • 2023, 2024 JATA Editorial Board
  • 2020, 2021, 2022 ATA Research Resources and Methodologies Committee
  • 2023 JATA Conference Committee
  • 2023 Annual Meeting Program Committee (ATA)
  • 2023 ATA Midyear Committee
  • 2019, 2024 FARS Midyear Meeting Reviewer
  • 2019, 2021 AAA Annual Meeting Reviewer
  • 2018, 2019, 2020, 2021, 2022, 2024 ATA Midyear Meeting Reviewer
  • Ad Hoc Reviewer – The Accounting Review, The Journal of the American Taxation Association, Accounting Horizons, Contemporary Accounting Research, Journal of Accounting and Public Policy, European Accounting Review, National Tax Journal
  • 2024 Inclusive Education Scholars Certificate, expected completion Fall 2024
  • Per the Center for the Advancement of Teaching Excellence: Certificate completion is recognized as a core service tied to the institutional policy that incentivizes and rewards instructors for their participation in activities that demonstrate their commitment to equity, diversity, and inclusion at UIC.
  • 2024-2025 AY Accounting Department Workshop Co-Coordinator
  • 2024-2025 AY Accounting Department Research Committee
  • 2024-2025 AY Honors College Faculty Fellow
  • 2024 UIC Business Excellence Awards Reviewer
  • 2023, 2024 CBA Student Welcome Event

Notable Honors

2024, Inclusive Education Scholars Certificate, University of Illinois - Chicago

2024, Excellence Awards Reviewer, Univesity of Illinois at - Chicago

Education

Doctorate of Philosophy - Accounting 2021
University of Wisconsin - Madison Madison, WI
Focus area: Taxation
Master of Accounting Science 2012
Northern Illinois University DeKalb, IL
Focus area: Taxation
Bachelor of Science in Accounting 2011
Northern Illinois University DeKalb, IL

Licensures and Certifications

Certified Public Accountant, Illinois - License No.: 065.042958 (Active)

Selected Presentations

  • University of Illinois, invited exchange workshop – scheduled
  • University of Florida, invited workshop – scheduled
  • North Carolina State University, invited workshop – scheduled
  • University of Wisconsin Alumni Conference, invited presenter – August 2025
  • AAA Annual Meeting – Discussant for “Does CbCR Make Multinational Firms Smarter?” August 2025
  • ATA Midyear Meeting – Discussant for “Offshore Data Leaks and Reputation Repair” February 2025
  • University of Oregon, invited workshop – “The Rich Get Richer: An Examination of Tax Haven Concentration and the New ‘Top 7’” - November 2024
  • Tuck Spring Accounting Workshop - Dartmouth College, invited workshop - “Accounting for Tax Uncertainty Over Time” May 2024
  • ATA Midyear Meeting – Discussant for “Communicating Human Capital Information Through Employee-Related Tax Incentive Disclosures” February 2024
  • Duke University, invited workshop - “Accounting for Tax Uncertainty Over Time” November 2023
  • 116th NTA Annual Conference – “Heavily Sales Weighted Income Tax Apportionment Factor and State Tax Burdens and Revenues” November 2023
  • London Business School, invited workshop – “Tax Havens and Reputational Costs” September 2023
  • FARS Midyear Meeting – “Tax Havens and Reputational Costs” January 2023
  • University of Illinois Chicago, invited workshop – “The Effect of U.S. Tax Reform on the Taxation of U.S. Firms’ Domestic and Foreign Earnings” November 2022.
  • EIASM Conference – Discussant for “Effects of the 2021 Expanded Child Tax Credit” July 2022
  • University of Miami, invited workshop – “The Effect of U.S. Tax Reform on the Taxation of U.S. Firms’ Domestic and Foreign Earnings” March 2022
  • UNC Tax Symposium – Invited discussant for “Taking Advantage of Employer Tax Incentives for Workplace Diversity” and “Environmental Taxes and Corporate Investment” March 2022
  • ATA Midyear Meeting – Discussant for “Taxes and Investment: Evidence from the ‘Halloween Massacre’ of 2006.” February 2022
  • AAA Annual Meeting – Discussant for “Does Trade Credit Substitute for Debt? Evidence from the TCJA’s Interest Deduction Limitation.” August 2021
  • Texas A&M University – “Does Tax-Motivated Income Shifting Make Forecasting Harder for Internationally Diverse Firms?” January 2021
  • University of Missouri – “Does Tax-Motivated Income Shifting Make Forecasting Harder for Internationally Diverse Firms?” December 2020
  • University of Connecticut – “Does Tax-Motivated Income Shifting Make Forecasting Harder for Internationally Diverse Firms?” December 2020
  • 113th NTA Annual Conference – “The Effect of U.S. Tax Reform on the Taxation of U.S. Firms’ Domestic and Foreign Earnings” November 2020
  • University of Wisconsin-Madison – “The Role of Tax-Motivated Income Shifting in the Relation between International Diversification and Analyst Forecasting” – Dissertation. October 2020
  • 7th Annual Mannheim Taxation Conference – “The Effect of U.S. Tax Reform on the Tax Burdens of U.S. Domestic and Multinational Corporations” September 2020
  • 7th Annual Mannheim Taxation Conference – Discussant for “Tax Policy Uncertainty and Corporate Investment: Evidence from Trump’s Election and Tax Plan” September 2020
  • AAA Annual Meeting – Discussant for “Corporate Tax Planning, Perceptions of Corporate Social Responsibility, and Stakeholder Behavior” August 2020
  • AAA/J. Michael Cook/Deloitte Foundation Doctoral Consortium – “The Role of Tax-Motivated Income Shifting in the Relation between International Diversification and Analyst Forecasting” June 2020
  • ATA Midyear Meeting – Discussant for “Board Risk Oversight and Corporate Tax-Planning Practices” February 2020
  • AAA Annual Meeting – Discussant for “Executive Compensation, Insider Trading Profitability, and Individual-Level Tax Rates” August 2019
  • AAA Annual Meeting – “Internal Information Quality and State Tax Planning” August 2019
  • ATA Midyear Meeting – “The Effect of the Tax Cuts & Jobs Act of 2017 on Defined Benefit Pension Contributions” February 2019
  • ATA Midyear Meeting – Discussant for “Do the Agency Costs of Foreign Cash Holdings Affect the Cost of Debt?” February 2018
  • University of Wisconsin-Madison – “Internal Information Quality and State Tax Planning” November 2017

Research Currently in Progress

  • “The Rich Get Richer: An Examination of Tax Haven Concentration and the New ‘Top 7’” with Frank Murphy. 2nd Round at The Accounting Review.
  • “Accounting for Uncertain Tax Benefits” with Mary Cowx.
  • “Tax Avoidance Post-TCJA” with Braydon Bulloch and Fabio Gaertner.