Steve Long advises businesses and individuals regarding tax and employee benefits issues. He has extensive experience working with employers in banking, retail, technology and other industries to establish, maintain and correct defects in the operation of tax-qualified retirement plans, executive compensation agreements, stock incentive plans and other employee benefits.
 
Mr. Long also advises charities and other tax-exempt organizations regarding their IRC 403(b) and IRC 457 retirement plans as well as issues related to compliance with Internal Revenue Service (IRS) and state regulations affecting executive compensation, fundraising and lobbying activities. In addition, Mr. Long counsels business owners and executives in retirement and estate planning, helping them meet their goals in the most tax-efficient manner.

Experience Highlights

• Directed the merger by a large Research Triangle technology company of its 401(k) plans and other employee benefits arrangements with subsidiaries around the United States
• Designed and established an IRC 457(b) retirement plan for the managers of a large North Carolina charity
• Represented an automobile dealership with ten subsidiaries before the IRS in correcting qualification errors in its 401(k) plan
• Advised Triad physician group on how to limit their ERISA fiduciary liabilities related to their tax-qualified retirement plan
• Established and modified stock incentive and deferred compensation arrangements for various publicly-traded and private companies
• Helped establish numerous IRC 501(c)(3) organizations and other tax-exempt entities
• Advised charities and nonprofit organizations on issues including joint ventures with private companies, disclosure of compensation and IRS and state requirements regarding lobbying and political activities
• Assisted business owners, physicians and other individuals in structuring their personal tax, estate and retirement plans, deferred compensation arrangements and trusts

News

• Steve Long Elected to UNC Board of Governors
  March 21, 2013
• Forty-Four Parker Poe Attorneys Named 2013 NC Super Lawyers
  January 18, 2013
• 74 Parker Poe Attorneys Recognized as Best Lawyers® for 2013
  August 23, 2012
• Public Company Forum: Summer 2012
  Updates on Trends, Tips and Best Practices for Public Companies
  July 26, 2012
• Class Action Liability for High 401(k) Fees: Tussey v. ABB, Inc.
  Public Company Forum: Summer 2012
  July 26, 2012
• Steven Long Elected To Alzheimer’s NC Board of Directors
  June 29, 2012
• Steven Long Joins Parker Poe as a Partner in the Employment Group
  November 10, 2011

Events & Speaking Engagements

• Employee Stock Ownership Plans (ESOP)
  June 2012
  Seminar, North Carolina Trucking Association
• Adjunct Professor of Advanced Retirement Planning
  Campbell University’s Master of Trust and Wealth Management program, 2004-present

Publications

“The 409A Deferred Compensation Tax Rules: Simplify or Repeal,” ABA Trusts & Investments, May/June 2012

Memberships

• University of North Carolina Board of Governors
  2013-2017
• Alzheimers North Carolina, Inc.
  Board of Directors, 2012-2013
• Raleigh Hall of Fame
  Board of Directors, 2010-present
• Triangle Benefits Forum
  President, 2009-2010
• John William Pope Civitas Institute
  Board of Directors, 2009-present
• North Carolina Bar Association Tax Section
  Chairman, 2008-2009
• Shepherds Theological Seminary
  Board of Directors, 2005-present
• A.E. Finley YMCA
  Advisory Board Member, 2003-2006
• Caramore Vocational Rehabilitation Center
  Board of Directors, 1998-2004