As an attorney in Nexsen Pruet’s Tax Group, Jim focuses his practice in two distinct areas: employee benefits and state and local tax.
In the area of employee benefits, Jim handles matters related to 401(k), profit sharing, pension and other qualified retirement plan administration, as well as the administration of insurance and other fringe benefits. Jim also advises clients with respect to nonqualified plans, including deferred compensation and phantom stock plans. Most recently, Jim has helped clients navigate the extensive regulatory network created by Health Care Reform under the Patient Protection and Affordable Care Act.
Jim also works closely with businesses to find and take advantage of tax credits at both the state and federal level. He has experience with state infrastructure and other economic development incentives, as well as federal credits related to alternative energy and low income housing. He has assisted in the representation of Fortune 500 companies at the Administrative Law Court, South Carolina Court of Appeals, and South Carolina Supreme Court.
In addition to his primary focus, Jim has regularly advises clients in the non-profit sector, counseling tax-exempt entities in applying for, receiving, and maintaining their exempt status. Additionally, Jim routinely works with other non-profits regarding property tax exemption issues that arise in sales and acquisitions.
Law School Recognitions include:
•Order of the Coif, 2010
•Order of the Wig and Robe, 2009-10
•CALI Awards - Legal Writing, Veterans Rights Seminar (I) and Clinic (II)
•South Carolina Supreme Court Rules on Tax Exemptions in Bodman v. South Carolina
May 8, 2013
•Tax Alert: 'Medical Device Tax' Now in Effect
March 1, 2013
•Exchange Notice to be Delivered to All Employees by October 1, 2013
September 18, 2013
•Tax Alert: IRS Announces Further Restriction on One-IRA-Rollover-Per-Year Rule
March 31, 2014
•Wheaton College Order Changes Landscape of Contraceptive Mandate for Religious Nonprofit Organizations
July 9, 2014
Outside Nexsen Pruet
Here is the only time you are likely to see the movie Deliverance referenced in an attorney biography:
Jim found his way to South Carolina by way of the Chattooga River (of Deliverance fame), where he worked as a whitewater rafting guide. These days, he prefers the tranquility of the Midlands’ many blackwater rivers, where he can still be found many weekends.
In addition, Jim remains active with the Harvard Alumni Association, conducting admission interviews for prospective students and making presentations on behalf of the university. In July 2014, Jim accepted a three-year appointment with the South Carolina State Guard to serve as Captain in the State Guard’s Judge Advocate program, where he provides legal advice regarding exempt organization and other tax issues.
Prior to moving to South Carolina, Jim worked in the Public Affairs department of the Boston Red Sox for five years, and was lucky enough to be with the team for their World Series championship run in 2004. Stop by and ask to see his World Series ring!
Speaking & Writing
Jim stays abreast of developments that impact employee benefits and state and local taxation. He enjoys sharing what he learns by speaking and writing as often as possible.
•Tax Alert: IRS Announces Further Restriction on One-IRA-Rollover-Per-Year Rule, March 31, 2014
•Exchange Notice to be Delivered to All Employees by October 1, 2013, September 18, 2013
•Tax Alert - South Carolina Supreme Court Rules on Tax Exemptions in Bodman v. South Carolina, May 8, 2013
•Tax Alert - “Medical Device Tax” Now in Effect, March 1, 2013
•Employment Law Update - Patient Protection and Affordable Care Act: Upcoming Deadlines Require Employer Action, August 20, 2012
•SALT Alert - Multi-state Taxpayers in South Carolina, Take Note, March 16, 2012 (co-authored with Rick Reames)
•Federal Tax Consequences of State Economic Development Incentives, March 31, 2010 (co-authored with Burnet R. Maybank III)
•Letters of Inconsistency: Southeast Resource Recovery, Inc. v. South Carolina Department of Health and Environmental Control and Local Loss of Landfill Development, 17 Se. Envtl. L.J. 397 (2009)
•“Selected Issues Regarding Spec Industrial Parks and Mega Sites,” Legal Update Presentation, June 8, 2012
•“Incentives for Real Estate Developers: Commercial, Retail, Tourism, Multi-Family,” Multi-Lot Discount Presentation, October 5, 2012
•The Impact of Health Care Reform on Your Clients (and You), Presentation for the South Carolina Association of CPAs (SCACPA), October 17, 2013
•SALT Seminar, “Attorney General Opinion Update - 2012-13”, November 8, 2013
•Greenwood County Chamber of Commerce HR Update, “PPACA Update,” November 19, 2013
•Roundtable Discussion Presentation - Effect of Affordable Care Act on Tax Exempt Entities, March 2013