by Springwater Wealth | Mar 26, 2018 | Newsletter
Economists tell us that there are a few things that can derail a strong economy. The government can raise taxes. The central bank (i.e. Federal Reserve) can raise interest rates. Prices can jump (i.e. inflation). War can break out. The U.S. economy has been performing...
by Springwater Wealth | Mar 20, 2018 | Newsletter
The long-running battle for the interests of American investors continues. Imagine that your doctor writes you a prescription for a certain medication – even though a better, less expensive option is available – and receives a commission from the drug company for the...
by Springwater Wealth | Mar 13, 2018 | Newsletter
A few weeks ago we noted that Congress, though the 2017 Tax Cuts and Jobs Act, allowed owners of 529 education plan accounts to pay for private school tuition for kindergarten through 12th grade. Funds taken from a 529 plan to pay for private school will not be...
by Springwater Wealth | Mar 7, 2018 | Newsletter
Until Congress passed the Tax Cuts and Jobs Act last December, investors were able to deduct the fees associated with the professional management of their investments. These fees were deductible to the extent that the taxpayer’s total miscellaneous itemized...