2024 – New Year In, Old Year Out
The new year is coming fast, and the old on its last legs. Thinking about that reminded me of Marcus Aurelius’ famous quote, “Memento mori,” which reminds us what being mortal means. And none of us has managed to figure out how to get younger. This year, instead of charging off with resolutions to do, […]
Happy Holidays from Rigby Financial Group!
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Roth IRAs and Income Tax Liability – How to Protect Your Assets
We’d like to discuss Roth IRAs, this week, and their advantages and disadvantages. Roth IRAs As most of you know, for Roth IRAs: Contributions are made in after-tax dollars. Distributions from a Roth IRA, if taken after age 59½ and providing the assets have been held for at least 5 years in that Roth account, […]
Income Tax Provision – Let’s Talk Taxes!
What is the Income Tax Provision? Income and tax provision calculation. What is that, exactly, you may be wondering. Simply put, it is the calculation of the amount of income tax your business will owe for the current year. It’s Complicated . . . But the income tax provision isn’t really simple at all. Most […]
Valuations – What Is Your Business Worth?
One thing every business owner of a private company should know is – what their business is worth. Surprisingly (or maybe not), many don’t. Don’t Try This At Home! We do not recommend owners of private companies attempt to value their businesses themselves. Nor should you take advantage of a “free” business valuation offered by […]
Gratitude Amid Uncertainty – Happy Thanksgiving!
There’s a lot of suffering in the world at large today, conflict, uncertainty. Whether it’s Israelis, Palestinians, Ukrainians, the world has become a scary place for so many people at present. And every single one of them is a real person. They have parents, spouses, children, homes, jobs, and all this can be disrupted at […]
This Thanksgiving, Let’s Keep it Kind
Thanksgiving 2023 is almost upon us. People are cleaning house, making groceries, washing the good china and crystal. And sharpening their knives. Sad to say, actual cutlery isn’t all that’s being sharpened. I have noted that, for the past several years, newspapers are giving advice on how, and not whether, to introduce politics at the […]
How Are C Corporations Taxed?
One question we hear often is, “How are C Corporations taxed?” So, we thought we’d answer it. How Are C Corporations Taxed? Looked at narrowly, that question has a very simple answer: A C Corporation, as a tax paying entity, pays income tax on its net profits (taking into account revenue, cost of goods sold, […]
What Are Virtual CFO Services?
Virtual CFO Services Virtual CFO services are getting a lot of buzz, these days, but what, precisely are virtual CFO services? And what can you expect of RFG in a virtual CFO relationship? What Are Virtual CFO Services About, Really? To begin with, virtual CFO services are about you, the client, and your business. A […]
Happy Halloween!
Halloween is for fun for kids of all ages the costumes, the treats – and it’s a perfect festival for our beloved New Orleans (then again, what festival isn’t?) We hope you and your families go all out for it and have a blast! But when trick-or-treating, be careful and aware. Not all the ghouls […]