As leader of the firm's Employee Benefits Group, Jim Prince oversees one of the Southwest's largest and most experienced teams of employee benefits lawyers. His own practice is concentrated in the representation of employers, employee benefit plans and individuals primarily in the areas of ERISA, taxation and corporate law. Jim has extensive experience in representing clients, including employee benefit plans, in matters involving the Internal Revenue Service and the Department of Labor. He has also represented collectively bargained multiemployer plans subject to the Taft-Hartley Act. Jim's experience and expertise have earned him inclusion in The Best Lawyers in America (employee benefits/ERISA law, healthcare law) and Oklahoma Super Lawyers (employee benefits/ERISA law, healthcare law). He is also an inactive certified public accountant and frequent speaker at seminars and conferences on employee benefit related topics. Representative Experience · Representation of public and private employers in structuring qualified retirement benefit strategies, including profit sharing, employee stock ownership plans (ESOP), defined benefit pension plans and 401(k) plans. · Developing executive compensation programs such as deferred compensation and stock option and stock purchase plans. · Representation of employers in Department of Labor investigations and Internal Revenue Service audits. · Representation of collectively bargained plans in drafting plan documents and in negotiating with the Internal Revenue Service and Pension Benefit Guaranty Corporation in connection with funding issues. · Representation of business entities in mergers, acquisitions and dispositions. · Formation of new business entities. · Representation of tax-exempt organizations in obtaining exempt status and compliance with regulatory requirements. Attorney Articles · Effective date extended for fee disclosure requirements McAfee & Taft EmployerLINC Employee Benefits Update - February 3, 2012 · IRS announces plan limitations for 2012
McAfee & Taft EmployerLINC Employee Benefits Update - October 21, 2011 · IRS delays enforcement of non-discrimination requirements for insured health plans
McAfee & Taft Employee Benefits Alert - December 27, 2010 · Amendment to regulations will allow some plans to change insurance carriers without losing grandfathered status
McAfee & Taft Employee Benefits Alert - November 18, 2010 · HEALTH CARE REFORM UPDATE: Additional 'Interim Final Regulations' issued
McAfee & Taft Health Care Reform Update - July 15, 2010 In The News · How safe are your employees' retirment funds?
The Journal Record - October 31, 2008 · Oklahoman article spotlights 'Super 401(k)' developed by firm attorneys
The Oklahoman - January 23, 2008 At The Podium · Employee Benefits and 401(k) Plans presented at The Legal Forum Radio Series on December 10, 2011. · Guiding your Health Plans through a Changing Landscape presented at Fall 2010 Labor, Employment and Employee Benefits Seminar on October 26, 2010 in Tulsa, Oklahoma. · How New Regulations Are Impacting Company Retirement Plans presented at Fall 2010 Labor, Employment and Employee Benefits Seminar on October 26, 2010 in Tulsa, Oklahoma. · How New Regulations Are Impacting Company Retirement Plans presented at Fall 2010 Labor, Employment and Employee Benefits Seminar on October 20, 2010 in Oklahoma City, Oklahoma. · Guiding your Health Plans through a Changing Landscape presented at Fall 2010 Labor, Employment and Employee Benefits Seminar on October 20, 2010 in Oklahoma City, Oklahoma. · Health Care Reform presented at Central Oklahoma Manufacturers Association on July 20, 2010 in Oklahoma City, Oklahoma. · Health Plans and the New Laws presented at Spring 2010 Labor & Employment and Employee Benefits Seminar on May 26, 2010 in Oklahoma City, Oklahoma. · Qualified Retirement Plans presented at Healthcare Luncheon Seminar: Responding to Economic and Reimbursement Challenges on October 9, 2009. · Employee Benefits Update presented at LEEB University on October 2, 2009 in Oklahoma City, Oklahoma. Featured Media · EmployerLINC: Health Care Reform - Updated Compliance Guidance Professional Certifications · Certified Public Accountant (Inactive) Professional Organizations And Memberships · Oklahoma County Bar Association · Oklahoma Bar Association · SouthWest Benefits Association · IRS Employee Plans / Exempt Organization Gulf States Council |