One of our clients recently asked us if he was invested in the best exchange-traded funds. He readily accepts our investment management philosophy. He understands the importance of asset allocation, diversification, asset location (for tax efficiency), cost containment and rebalancing. But he knows we use a variety of funds to build client portfolios and he […]
Through 2017, taxpayers with children were entitled to an exemption of $4,050 for themselves and each of their children. Taxpayers were also entitled to a Child Tax Credit of $1,000 per child under the age of 17. The Child Credit was phased out for single payers with an adjusted gross income of more than $75,000 […]
Click here to read our fourth quarter market commentary.
Congress passed the “Tax Cuts and Jobs Act” in late 2017. The legislation can be found on the House Ways and Means website. The Act changes the tax treatment of spousal support (or “alimony”) payments in one important way. Under the new rules, alimony is no longer deductible for the payor, and money received as […]
Congress passed the “Tax Cuts and Jobs Act” last week. The President signed the legislation on Friday, December 22, 2017. The legislation can be found on the House Ways and Means website. Here is a brief review of the changes that will affect individual taxpayers: Income Tax Rates There will be seven income tax brackets: […]
Springwater’s article on “Financial Mistakes Divorcees Make” was published in the Winter 2017 edition of the Oregon State Bar’s Family Law Newsletter. You can read the article, and the newsletter, here (PDF opens in new window). PLEASE SEE important disclosure information at www.springwaterwealth.com/blog-disclosure/.
“The market hates uncertainty” has been a common enough saying in recent years, but how logical is it? There are many different aspects to uncertainty, some that can be measured and some that cannot. Uncertainty is an unchangeable condition of existence. As individuals, we can feel more or less uncertain, but that is a distinctly […]
Instead of Bitcoin, how about an investment that is guaranteed, pays a relatively attractive interest rate and is free from state and local income tax? I Savings Bonds are issued by the United States Treasury Department. According to Treasury Direct, a government website, I Savings Bonds earn interest which combines a fixed rate and an […]
Every day we enjoy the benefits of an interconnected world. We might start our day with a cup of coffee that originated in South America, check our email on a smartphone designed in California and manufactured in Taiwan, then shower and change into clothes woven from Egyptian fabrics before driving a German-made car or riding […]
The Wall Street Journal reported this morning that Bitcoin, the popular digital currency, reached a few hundred dollars shy of $10,000 yesterday. The year-to-date increase in the value of Bitcoin is 896%. While we rarely receive inquiries from our clients about so-called cryptocurrencies like Bitcoin, we suspect that many of you are aware of them […]