Thank you to everyone who joined us last week for our webinar, Preparing for Tax Season 2025. The video link is now live on our website in case you missed it or want to rewatch.
The President appointed Kevin Warsh as chair of the federal reserve for when current chairmen Jerome Powell’s term ends this May. Warsh was appointed to the fed board in 2006 at what is considered a young age (35). Warsh’s brief, 7-year stint in the private sector provided him with Wall Street experience that helped considerably during the financial crisis, according to multiple sources. Warsh’s appointment caused chaos in the gold and silver market, as it is expected he will not be afraid to increase interest rates to tame inflation.
In auto news, Tesla announced it will no longer produce its high-end models S and X, replacing their production with the Optimus robot. Sales of Optimus currently focus on the manufacturing sector.
In AI news, there is a new Reddit-like social media called Moltbook that only allows AI agents (bots) to participate, not humans. Humans can observe what is being posted at Moltbook.com, but cannot post themselves. Moltbook was created by Matt Schlicht in January, 2026, but Matt recently said he barely intervenes anymore and often doesn’t know exactly what the AI is doing. As of February 1, 2026, the first week it existed, the site listed over 1.5 million AI agents as members.
Taxes and financial planning are complex, but you don’t have to navigate them alone. A financial advisor can help you stay informed about tax law changes, optimize your savings and investments, and avoid costly mistakes. If you need tailored guidance, our team is here to help. Talk to an advisor or call (603) 589-8010 to integrate tax planning into your comprehensive financial strategy.
Disclaimer:
This material is provided for educational and informational purposes only and is not investment, tax, legal, or financial advice. It does not consider any individual’s investment objectives, strategies, tax situation, or time horizon, and it is not an offer to sell or a solicitation to buy any security. Financial aid rules, tax laws, and school policies change frequently and vary by institution; figures cited are as of October 2026. Investing in a 529 plan involves risk, including the possible loss of principal. Before investing, review the plan’s offering documents for its investment objectives, risks, fees, and expenses, and consider whether your home state offers tax benefits only for its own plan. Please review your personal situation with your tax and/or financial advisor before acting.
Views expressed are subject to change based on market and other conditions. Any projections, market outlooks, estimates, or other forward-looking views are based on assumptions, are not indicative of future performance, and actual results may differ materially. Information is obtained from third-party sources believed to be accurate, but Milestone makes no representation as to its accuracy, completeness, or timeliness and accepts no liability for decisions based on it. Past performance is not indicative of future results. All investments involve risk, including the possible loss of principal.
Milestone Financial Planning, LLC (“Milestone”) is a fee-only financial planning firm and registered investment advisor headquartered in Bedford, NH. Registration does not imply a certain level of skill or training. Milestone works with clients on an ongoing, long-term basis, providing financial planning, tax planning, retirement planning, and investment management services. Fees are based on assets under management and may include a financial planning fee. Milestone receives no commissions or referral fees and, as a fiduciary, is required to act in clients’ best interests. Advisory services are offered only where Milestone and its representatives are properly licensed or exempt from licensure. More information, including fees and principal risks, is available in Milestone’s Form ADV Part 2A. For help with your investments or financial planning, contact one of our fee-only advisors.
