Entrepreneurs: Are You And Your Business Prepared for Your Exit?
One fact every entrepreneur must face is that one day, we won’t be running the business we’ve built and nourished for decades. Some entrepreneurs realize this early on, and plan ahead for that day. Ideally, we start preparing for our exit the day we open as start-ups. But most entrepreneurs, of course, get too caught […]
It’s Time! Tax Planning for 2025 and Beyond
Every year, the smartest entrepreneurs and other high earners visit their fractional CFO or other trusted advisor to plan a strategy to minimize their taxes. Consider it a campaign, a battle to keep as much of what you’ve earned as the tax code allows. This year, tax planning comes even more sharply into focus, pursuant […]
Our Latest RFG Whitepaper! 1031 Exchanges
As a way to defer capital gains taxation on investment real estate, 1031 Exchanges are great. You exchange a business or investment property you no longer want for one you do with a fair market value of equal or greater value, and capital gains taxes on the transaction are deferred, providing you follow the rules. But the rules […]
Five Traps That Limit Your Happiness
We all want happiness – for ourselves, for our loved ones, for those we work with. Almost everything we do is bent toward achieving happiness, or protecting the happiness we have. Interestingly, happiness has little to do with your situation in life. A study by the University of Illinois found that the top earners are […]
Divorcing? Avoid These Tax Traps!
It happens, though it’s sad every time. Two people love, marry, perhaps buy a home, have children, and then . . . it goes up in smoke, and divorce looms ahead. At Rigby Financial Group, we have supported a number of clients through divorce―it’s never an easy process, and no matter how mutually desired or […]
ESOPs: A Succession Plan with Tax Advantages!
Employee Stock Ownership Plans (ESOPs) have history dating all the way back to 1956―though they acquired the name under the 1974 Employee Retirement and Income Security Act (ERISA), making officially designated ESOPs effectively retirement plans―largely concentrated in such labor-driven industries as construction, trucking, food service, etc. More recently, they have gained a firm foothold among […]
Tiny Steps Add Up to Meaningful, Lasting Change
I suspect a lot of us know the feeling of wanting to make changes in our lives. Certainly I do! Sometimes we may want to renovate our habits from the studs. We make resolutions every new year to change ourselves into a better version and vision of who we are. But we can all too easily […]
Is an Annuity a Good Fit for Your Retirement Plans?
Annuities … they can be tempting when choosing among your retirement planning options. After all, who doesn’t want the security of knowing you will have a specific amount of guaranteed income during your retirement? However, this is an option we would only recommend in very specific cases and circumstances. In fact, very few of our […]
OBBBA – Impact on Mergers & Acquisitions
The One Big Beautiful Bill Act (OBBBA) makes changes to the tax code which can impact mergers and acquisitions. Whether you’re looking to sell your business or expand by acquiring one, the OBBBA has provisions which can benefit you. A few points of interest: Business Interest Deductibility Under the Tax Cuts and Jobs Act (TCJA) […]
Stressed Over the Market? Having a Good a Financial Advisor Helps Reduce That Stress!
Well, the market has certainly been showing some volatility these days, hasn’t it? And no wonder! We have a new Administration taking unprecedented actions. Tariffs imposed on imports and reciprocal tariffs imposed by affected nations. Trade deals have been struck, but it’s a roller coaster, isn’t it? Whether these events will ultimately prove good or […]