COVID-19 Information

May 26, 2020:

To Our Clients, Friends and Colleagues:

We hope that this communication finds you and your family in the best of health during this extraordinary time. We are very pleased with how our remote access systems have been functioning and trust that your Welch & Forbes team has been able to serve all of your needs while working safely from home.

We want to inform you that although Massachusetts Governor Baker has announced plans to gradually reopen our economy, we anticipate that our physical offices will remain closed for a period of time beyond the official guidelines.

Numerous questions about transportation and workplace protection procedures need to be addressed before we can safely reopen our offices for meetings or allow our employees to return in full force. Thank you for your continued patience as we strive to protect you and our employees from the further spread of the coronavirus.

While the methods may have changed, it is still “business as usual” at Welch & Forbes. Your Welch & Forbes team is always available via telephone, e-mail or video conferencing should you wish to contact them.

It is our privilege to serve you and your family, and we remain committed to providing you with the best possible service in this challenging environment.


April 1, 2020:

Dear Tax Preparation Client:

On March 21, 2020 the Treasury Department and the Internal Revenue Service announced that the due date for Federal income tax filing has been automatically extended from April 15, 2020, to July 15, 2020. This deferment applies to all taxpayers, including individuals, trusts and estates.

Taxpayers can also defer federal income tax payments normally due on April 15, 2020 to July 15, 2020, without any penalties or interest. First quarter 2020 estimated tax payments are also delayed until July 15, although second quarter estimates are still due on June 15. Taxpayers do not need to file any additional forms to qualify for this automatic federal tax filing and payment relief.

The deadline for 2019 Traditional and Roth IRA contributions has also been extended until July 15, and Required Minimum Distributions for 2020 have been waived.

The states of Connecticut, Massachusetts, Maine and Vermont have extended their deadlines to July 15. Rhode Island has stated that it will mirror the US guidelines. New Hampshire’s due date is still June 15. We are examining the impact of these changes on the timing of our filing schedule for your 2019 returns and the associated payments.

Meanwhile, although our physical offices are closed, we continue with the preparation of your returns as we work remotely. All US Mail, e-mails and phone calls are being automatically rerouted to our employees and our computer systems are up and functioning. There may be a delay in responding to any requests received via the US Mail and we ask for your patience during this time.

As always, please contact your Tax Specialist at Welch & Forbes with any specific questions. We regret the suffering and loss incurred by the victims of COVID-19 and urge you to take every precaution to protect the health and well-being of yourselves and your family during this difficult time.


March 23, 2020:

To Our Clients, Friends and Colleagues:

To prevent the further spread of the coronavirus COVID-19, Massachusetts Governor Charlie Baker today signed an Executive Order closing all non-essential businesses beginning tomorrow, March 24th at noon and continuing until at least April 7th. Exclusions to the Order are essential services, such as healthcare providers, banks and those involved in food production and supply.

We have closed our physical offices and all employees are now working remotely. We are pleased to report that our employees continue to be free of COVID-19 and that we continue to adhere to all national and state health guidelines.

All US Mail, e-mails and phone calls are being automatically rerouted to our employees and our computer systems are up and functioning. There may be a delay in responding to any requests received via the US Mail and we ask for your patience during this time.

Over the course of our 180 year history, Welch & Forbes has persevered during challenging times. Together, we will overcome this current crisis. We remain committed to providing you with the highest levels of service during this difficult time.

We regret the suffering and loss incurred by the victims of COVID-19 and urge you to take every precaution to protect the health and well-being of yourselves and your family.


March 18, 2020:

To our Clients, Friends and Colleagues:

We are sure that everyone is aware of the devastating impact that the coronavirus COVID-19 continues to have on our personal and professional lives. We are reaching out to tell you the steps we are taking to protect you and our employees from any possible chance of being exposed to the virus.

We want to assure you that Welch & Forbes has a tested business continuity program that allows our employees to work from their homes. While our physical office is currently open, at any time many or even all, of our employees will be working remotely. There may be a delay in responding to any requests received via the US Mail and we ask for your patience during this crisis.

We are glad to report that no employee or employee family member has been diagnosed with the COVID-19 virus. However, in an abundance of caution we have taken the following steps to protect your health and well-being and that of our employees:

· We have cancelled all business travel

· While personal travel is currently allowed, returning employees are subject to the quarantine standards recommended by the Center of Disease Control (CDC)

· All face-to-face client meetings have been cancelled. If you have a meeting scheduled, you will be contacted to either reschedule the meeting or use an on-line alternative.

· All face-to-face internal meetings of over three people will be conducted on-line

In addition, we are adhering to the CDC’s standards of recommended “social contact” and the cleaning of our offices has been increased. We continue to monitor the latest recommendations from both national and local authorities and we will adapt our policies as required. Meanwhile, please be assured that we will continue to be available to meet your needs, which are of the utmost importance to all of us at Welch & Forbes.

Please feel free to contact your Account Manager with any questions or concerns.