by Springwater Wealth | Jan 23, 2018 | Newsletter
The tax reform legislation signed into law on December 22, 2017, brings several important enhancements to 529 college savings plans. Beginning on January 1, 2018, account owners may take tax-free withdrawals up to $10,000 annually from their accounts for tuition...
by Springwater Wealth | Jan 16, 2018 | Newsletter
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...
by Springwater Wealth | Jan 10, 2018 | Newsletter
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...
by Springwater Wealth | Jan 8, 2018 | Newsletter
Click here to read our fourth quarter market commentary.
by Springwater Wealth | Jan 3, 2018 | Newsletter
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...