The IRS has announced that effective 9/30/2025, all refunds will be paid electronically. Next up will be eliminating paper checks. We strongly recommend all tax payments be made electronically, for security and timeliness reasons. It is more secure to pay your taxes electronically than to mail a paper check with your bank account listed on it.
Many of our clients want to help their children and grandchildren now, while they are still here, to make their lives a little easier. While we remind clients of the tax rules around gifting, since nothing will be taxable unless you have a taxable estate (including life insurance proceeds) greater than $15M per person, many people aren’t limited by the $19,000 per person limit.
Mortgage rates have fallen and the average 30-year refinance rate is now 6.8%. This makes refinancing more attractive for recent home buyers.
Milestone is hiring for two positions! If you know anyone interested, please have them send their resume and cover letter to jobs@milestonefinancialplanning.com.
- Client Service Rep – We are looking for someone who is detail oriented, client service focused and has a bachelor’s degree.
- Marketing Assistant – We are looking for someone with a bachelor’s degree in marketing that is experienced with digital marketing, including Google Ads.
Our own Evan Marquis, CFP® EA earned the Enrolled Agent designation in September. Many of you know Evan as he is one of the tax preparers at Jennifer L. Climo CPA PC. Evan can now represent taxpayers in front of the IRS. Congratulations, Evan!
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:
The information provided is for educational and informational purposes only and does not constitute investment advice and it should not be relied on as such. It should not be considered a solicitation to buy or an offer to sell a security. It does not take into account any investor’s particular investment objectives, strategies, tax status or investment horizon. The views expressed in this commentary are subject to change based on market and other conditions. These documents may contain certain statements that may be deemed forward-looking statements. Please note that any such statements are not guarantees of any future performance and actual results or developments may differ materially from those projected. Any projections, market outlooks, or estimates are based upon certain assumptions and should not be construed as indicative of actual events that will occur.
All information has been obtained from sources believed to be reliable, but its accuracy is not guaranteed. There is no representation or warranty as to the current accuracy, reliability or completeness of, nor liability for, decisions based on such information and it should not be relied on as such.
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.
