10 Celebrity Wedding Details You Can Totally Copy on a Budget
Okay, so celebrity weddings aren’t exactly the most relatable events ever. Sure, they’re insanely gorgeous, but affordable? Not usually. And while you may not be able to hire an IV truck to help all your wedding guests avoid a hangover (*cough, cough* Sofia Vergara), there are definitely certain details you can pick and pull from Hollywood weddings that can easily translate into a gorgeous affair, while still avoiding wedding budget busters. Scroll on down to get that brainstorm going.
1. Whitney Port’s Altar: If you’re planning a beach or destination wedding, things are bound to get expensive fast. Save a little bit in your decor budget by DIYing your own version of Whitney Port’s tropical altar made from palm leaves. (via @whitneyport)
2. Hayley William’s Wedding Cake: There are just about a million details we want to copy from Hayley Williams’s wedding, but this massive donut cake definitely left us drooling. (via @five_daughters_bakery)
3. Jason Mraz’s Wedding Venue: Jason and his now-wife Tina Carano married in a historic Virginia church back in the fall. We were totally awed by the floating frames surrounding the ceremony, and how they created the illusion of being inside while still allowing for a 360-degree view of the outdoors. If you’re planning a backyard wedding and are equipped with some woodworking skills (or you can recruit some), this could definitely be an affordable way to take your venue to the next level. (via @jasonmraz)
4. Aly Michalka’s Wedding Dress: Not so into rocking a traditional white wedding gown? Who says you have to? Disney star Aly Michalka wed director Stephen Ringer in this non-traditional, purple wedding dress and looked like a total star. (via @savingtheseason)
5. Rob Dyrdek’s All-White Decor: If you’re feeling the white dress, why stop there? When Rob Dyrdek and Bryiana Noelle Flores tied the knot a few months back, they dipped their entire wedding in white, all the way down to the flowers and candles. (via @robdyrdek)
6. Hilary Rhoda’s Black Bridesmaids Dresses: Weddings are often all about color, but if you’re not really into all that saturation, don’t be afraid to incorportate some basic black into your day. Model Hilary Rhoda dressed her bridesmaids in these simple and super chic dresses, and they look anything but drab. (via @hilaryhrhoda)
7. Will and Kate’s Wedding Menu: When a menu card from Will and Kate’s 2011 wedding went up for auction last year, it was shared all over the Internet. While we’re not entirely sure what some of these ingredients are, picking out details from the menu could be a great way to generate some ideas for your own. (via Nate Sanders)
8. Ashlee Simpson and Evan Ross’s Reception Decor: If you’re after a boho-inspired theme, look no further, my friends. Ashley and Evan’s reception was basically a Free People catalogue personified. While you may not be able to do it up quite as grand as these two, DIYing those colorful tapestries or the adorable hanging wreaths could be a great way to evoke a similar vibe. (via @realevanross)
9. Heather Morris’ Photobooth: At Glee actress Heather Morris’s wedding, the photobooth definitely seemed to be the main event – and rightly so. With that many props, why would you want to hang out anywhere else? If you want to create your own, we just so happen to have tons of photo booth inspo. (via @littlelengies)
10. Sofia Vergara’s Floral Theme: To say Sofia Vergara and Joe Manganiello’s wedding was extravagant would be a vast understatement. And while this ceremony is STUNNING, anyone who’s looked into floral arrangements knows it’s not cheap. But tone this look down a bit and you have a wedding theme that’s noticeable but still timeless. (via @sofiavergara)
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