John Lutz
Subscribe to John Lutz's PostsJohn T. Lutz advises clients on the tax aspects of investment funds, structured finance, derivatives and structured products. He also counsels clients on matters related to insurance products, investment tax credits, conventional US and cross-border securities offerings, and corporate mergers and acquisitions. John represents a number of tax-exempt organizations in connection with their investment activities and incentive compensation arrangements.. Read John T. Lutz's full bio.
Responsible Financial Innovation Act: Proposed Tax and Reporting for Digital Assets
By John Lutz, William R. Pomierski, Andrew Granek and McDermott Will & Emery on Sep 8, 2022
Posted In Employee Benefits, Employee Stock Ownership Plans (ESOPs), Retirement Plans
On June 7, 2022, Senators Cynthia Lummis (R-WY) and Kirsten Gillibrand (D-NY) introduced the highly anticipated Responsible Financial Innovation Act (the bill), which sets out to create the first complete regulatory and bipartisan framework for digital assets. The bill is intended to establish some legal clarity for regulators and the industry and to protect consumers...
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IRS Issues Guidance on Fertility Treatment Deductibility for Same-Sex Couples
By John Lutz on Aug 12, 2021
Posted In Employee Benefits, Health and Welfare Plans
On April 9, 2021, the Internal Revenue Service (IRS) released PLR 202114001 (PLR), which provides guidance on the deductibility of medical costs under Section 213 of the Internal Revenue Code relating to fertility expenses for same-sex couples. The PLR disallows most of the costs incurred by a same-sex couple wishing to have a child. However,...
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