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Stephenson is a native of Duncan in Stephens County in southern [[Oklahoma]] southwest of Lawton. At some point, he moved to Hale County, north of [[Lubbock]], Texas, where he graduated in 1964 from Plainview High School in Plainview. He then attended the two-year South Plains College in Levelland, Texas, and then [[Texas Tech University]] in Lubbock, from which he received in 1969 a Bachelor of Business Administration degree.<ref name=votesmart/> Since 1976, Stephenson has owned the CPA firm, Stephenson and Company. After college, he worked as senior accountant for Main Lafrentz and Company in [[Dallas]], Texas. He is a member of the Texas Society of Certified Public Accountants.<ref name=votesmart/>
Stephenson is a native of Duncan in Stephens County in southern [[Oklahoma]] southwest of Lawton. At some point, he moved to Hale County, north of [[Lubbock]], Texas, where he graduated in 1964 from Plainview High School in Plainview. He then attended the two-year South Plains College in Levelland, Texas, and then [[Texas Tech University]] in Lubbock, from which he received in 1969 a Bachelor of Business Administration degree.<ref name=votesmart/> Since 1976, Stephenson has owned the CPA firm, Stephenson and Company. After college, he worked as senior accountant for Main Lafrentz and Company in [[Dallas]], Texas. He is a member of the Texas Society of Certified Public Accountants.<ref name=votesmart/>
Stephenson and his wife, the former Barbara Lynn Jarvis (1948-2016), have two children, Scott and Allison LeGrand. He is a [[United Methodist]].<ref name=votesmart/> Upon his death Stephenson will be interred alongside his wife at the Texas State Cemetery in [[Austin]]. His gravestone has the spelling of his first name as "Phyllip."<ref>{{cite web|url=https://cemetery.tspb.texas.gov/pub/user_form822.asp?pers_id=12063|title=Barbara Lynn Stephenson|publisher=Texas State Cemetery ([[Austin]])|accessdate=June 24, 2020}}</ref>
Stephenson and his wife, the former Barbara Lynn Jarvis (1948-2016), have two children, Scott and Allison LeGrand. He is a [[United Methodist]].<ref name=votesmart/> Upon his death Stephenson will be interred alongside his wife at the Texas State Cemetery in [[Austin]]. His gravestone has the correct spelling of his first name as "Phyllip."<ref>{{cite web|url=https://cemetery.tspb.texas.gov/pub/user_form822.asp?pers_id=12063|title=Barbara Lynn Stephenson|publisher=Texas State Cemetery ([[Austin]])|accessdate=June 24, 2020}}</ref> Most sources cited, however, use "Phillip."
==Political life==
==Political life==