The 10 Best Celebrity Hairstyles on Instagram This Week
From Drake lovin’ on Rihanna (OMG!) to Kanye being Kanye to Beyoncé’s epic performance, 2016’s VMAs didn’t disappoint. The VMAs hit us with some stellar water cooler topics, but the awards show truly came through on some next-level hair. No need to call Becky with the good hair. On and off the red carpet, we’ve got you covered with the hottest celeb hairstyles on Instagram this week.
1. Rita Ora: Rita Ora’s Tonight Show appearance look reminds us a lot of a mix between an Old Hollywood style and beachy waves — either way, we dig it. While everyone seems to be donning a middle part, Rita is switching it up with a deep side. To get the look, pin back one side of your hair for instant glam.
2. Dinah Jane: Fifth Harmony member Dinah slayed on the VMA red carpet while debuting a new look. She took us all by surprise when she showed up sporting thick, blunt bangs and a blonder color. If blunt cuts are back in style, we won’t fight it.
3. Camila Cabello: The Fifth Harmony singer wore one of our favorite red carpet looks of the moment: the long ponytail. Instead of opting for the slicked-back look, she set hers apart by leaving her middle-parted bangs out and on display.
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4. Holland Roden: It’s all in the details. Actress Holland Roden turned the glam up a notch on her all-white outfit by adding gold glitter to the roots of her slicked-down middle part. Now that’s thinking outside the box.
5. Kim Kardashian: Kim K’s “wet beachy glam” look was everything. We love that she went for something less polished than usual and still managed to look like she was attending an awards show. This is a look we need to try.
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6. Simone Biles: The Final Five member has stolen our hearts with her major gymnastic skills, bubbly personality and Zac Efron crush (#Zimone). Her relaxed, wavy ‘do is a perfect everyday look that can easily be transformed for a more dressy occasion.
7. Nicki Minaj: Every time Nicki and Ariana collaborate, magic happens. Don’t lie — we know you loved “Bang Bang.” While promoting their new song “Side to Side,” Ms. Minaj took to Instagram to post a snap with some pink tips. For those who want to try a bold color but are too afraid, follow Nicki’s lead and dye the underside first.
8. Alicia Keys: Singer Alicia Keys has been making all of her appearances sans makeup and is embracing a more natural lifestyle. Her slicked-back bun makes for a casual glam award show style. Between Jayden’s braids and Alicia’s updo, this picture is natural hair goals.
9. Miley Cyrus: Miley’s hair is finally starting to grow back from her bold cut in 2013, and we’re waiting eagerly to see what styles she’ll dare to try out next. Her pink and blonde The Voice ensemble seems to be giving us a sneak peek of a look that is a little bit country and a little bit rock and roll.
10. Beyoncé: We all know Beyoncé pretty much won the entire VMAs with her absolutely amazing performance. Her braided half-up ‘do and feathered dress were only fit for the queen that she is.
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Welcome to Selfmade Finance School, our new money series with Block Advisors to help small business owners with their tax, bookkeeping, and payroll needs year-round. This week, we explore the tax implications of bringing family members into your business.
The question for today is this: Does hiring your family members make sense for your business? Let me be clear. This is not a piece about whether hiring your family members makes sense for your relationships with those family members. As someone who is part of a family business, I could fill up a lot more than 600 words on my opinions about that. For today's purposes, we focus on whether it makes sense from an overall "good business and tax implication" perspective. As it turns out, there is a decent amount of tax nuance when it comes to employing your family. Let's break it down based on relationship to the employee:
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Spouses Who Are In Business Together
Personally, if I had to be in business with my husband, it would not go well. However, many couples build viable, strong businesses together and I say, good for them! Depending on how you have your business entity structured, it will make a big difference on the tax treatment of you and your spouse working as partners. Because a business jointly owned and operated by a married couple is generally treated as a partnership for Federal tax purposes, the spouses must comply with filing and record keeping requirements imposed on partnerships and their partners. The election to file two Schedule C (Form 1040) forms, (one for each spouse) permits certain married co-owners to avoid filing partnership returns, provided that each spouse separately reports a share of all the businesses' items of income, gain, loss, deduction, and credit. Under the election, both spouses will be subject to self-employment tax and on net earnings from self-employment and receive credit for Social Security earnings.
One Spouse Employs Another
If you have a dynamic where your spouse is an employee of your business, then your spouse's wages are subject to income tax withholding, Social Security and Medicare taxes. If you are self-employed (not a corporation or a partnership), your spouse's pay does not have to be included in your federal unemployment tax account (FUTA) contributions and payments. However, if your business is a corporation or a partnership you must include that spouse's pay in your unemployment tax contribution calculation.
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You Employ Your Child
First, let's be clear. I work in my family business, but I am an adult, so I am treated just like a normal employee. However, if you, for example, run a family restaurant and want to hire your children under 18 to work for you, there are some tax benefits. But first, you should check with your state for rules on how many hours minors can work (in non-agricultural jobs) and reference the Fair Labor Standards Act for information on limitations on the kinds of work children can perform.
"This is an often overlooked or under-utilized strategy. Paying your children for true services they provide in your business can be a powerful tax-saving tool," says Cathi Reed, Block Advisors Regional Director. "If you are a sole-proprietorship or single member LLC, and the child is less than 18 years of age, the business is not required to withhold FICA or payroll taxes. The child can use his or her standard deduction against income you pay."
You Hire Your Parent
Oh dear. If you are brave enough to do this, know that you will need to pay Social Security and Medicare taxes on your parent's wages and make the appropriate withholdings, but you don't have to pay unemployment taxes. Now all you have to do is convince your parent that you are the boss. Have fun with that!
Is Hiring Family Members Worth It For The Tax Benefits?
"There are some positive tax advantages to hiring family members. It's important to treat a family member like any other employee. Hiring your children can result in substantial savings for businesses. Make sure your child has real, age-appropriate work to do and a reasonable pay rate, comparable to other employees. Consult with a Block Advisors small business certified tax pro to ensure that you are complying with all requirements," advises Reed. "Block Advisors, a team within H&R Block, is dedicated to meeting the tax, bookkeeping and payroll needs of small business owners year-round. To start working with the tax experts at Block Advisors, visit blockadvisors.com."
In my opinion, you should not hire a family member solely because of the tax benefits. You should always hire based on whether that person is right for the job and keep in mind how this hire could materially impact your relationship with that person and others in your family. Finally, as I mentioned, make sure you have a tax professional on your team when making these determinations. As you can see, things can get a little tricky!
*All details were sourced from IRS.gov and blockadvisors.com