Please communicate your year-end needs by Monday, December 20. As we conveyed via email, with intention for rest and rejuvenation, the Colman Knight offices will be...
Colman Knight Holiday Schedule 2021
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Bulletins
IRS extends IRA Contributions Deadline to May 17
The IRS announced on March 29 that IRA and other retirement contributions which were due April 15, are now extended to May 17. IRS Announcement This announcement follows the...
MA DOR Extends Individual Tax Return Deadline to May 17
Happy Spring! As a follow-up to the IRS announcement about the tax deadline being extended, the Massachusetts Department of Revenue has issued the same change. For...
IRS Extends Individual Tax Return Deadline to May 17
The IRS announced Wednesday March 17, 2021 that the 2020 tax filing deadline for individuals has been pushed out one month to May 17, 2021. Please be aware that this...
Update from Mass DOR on PPP loan forgiveness income
Important information for taxpayers from the Massachusetts Department of Revenue PPP loan forgiveness income The CARES Act provides that any cancelled indebtedness from the...
Short Squeeze Roller Coaster Ride
This week we are witnessing a very rare event in the financial markets. From the fringe, the small company GameStop has captured the attention of the world. A failing retail...
Next Round of Stimulus Most Important Points
New Stimulus Update Hello Friends, Highlights of the measure with overall funding amounts and specific amounts for some but not necessarily all initiatives. COVID-19 relief...
Election tensions, and the state of the market
Hello friends, While we stand in a non-partisan position always, we are also awake to the forces and systems of our reality that affect our well-being as it relates to our...
Checking in on a volatile week
We wanted to check in with you during this volatile week. So much has happened that is moving the market. Let’s assess. Monday, the market dropped 1.86%. The fall was...
Current Market Volatility
The equity markets have dropped the last few days, and we are witnessing the market give back some of the impressive gains made in August. At the moment we believe the...
Social Security Scam Callers
Rich just received a scam call from someone claiming to be from the Social Security Administration, and we wanted to warn you that you may receive a similar scam call. The...
Increase in Mortgage Refinancing Fees (Not Rates)
As of September 1, Fannie Mae and Freddie Mac are adding 0.5% to mortgage refinancing fees (not rates) The addition of 0.5% to refinancing fees will affect all refinances...
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