14 Products to Color Block Your Living Room
Here at Brit + Co, we’re a sucker for anything color blocked. From kitchen utensils to DIY paint jobs, we love it all. If you love it as much as we do and you’re looking to revamp your living room with this cheery trend, you’ve come to the right place. We found 14 favorite products that will totally transform your space. Whether you want to add small pops of color or go big and bold, there’s something here for everyone.
1. Hand-Painted Striped Pillow ($125): Want to go a step further? Add some pillows! Try to incorporate some of the colors in your pillow throughout the room, like a teal vase by the window if your throw pillows have a block of teal in them.
2. Tri-Colored Throw Blanket ($59): A super easy way to incorporate color blocking into your living room is by draping a multi-colored throw blanket on your couch. This works with seriously any couch — as long as it’s solid colored — so you really can’t mess it up.
3. Color Blocked Bookcase ($509): Primary colors have a grown-up effect when mixed with modern gray.
4. Made in America Wall Art ($35): Wall art is another crazy simple way to get on the blocking, and it doesn’t have to be so literal or in-your-face. A poster like this one works the look into the room without being over-the-top.
5. Solid Colored Lacquer Trays ($39): Stacked lacquered trays are a creative alternative to a bar cart. While bar carts tend to just be metal, stacking different colored trays is a more playful set up.
6. Gold Dipped Vase ($25): Instead of sticking your poppies in a traditional clear vase, go for a dip-dyed option like one of these. Volià, your table is now color blocked.
7. Color Blocked Wall Decal ($18): Wall decals are a fantastic alternative to framed art and are totally attention-grabbing. This color blocked arrow adds the perfect touch under a mirror or above a door frame.
8. Color Blocked Hour Glass ($10): Using a few well-placed color blocked home accessories — like this hourglass from Anthropologie — around the room adds personality and prettiness.
9. Color Blocked Rug ($89): The beige background in this color blocked rug keeps the room from looking too overloaded with various hues.
10. Color Blocked Storage Bin ($115): If you have kids, big baskets like this are lifesavers when it comes to keeping the living room from getting cluttered. Color blocked and practical? Genius.
11. Two-Toned Origami Lampshade ($96): Replacing a standard light fixture with a one-of-a-kind piece like this one is a bright idea, indeed.
12. Color Block Citrus Print ($35): This cheery citrus print looks sweet on its own, but if you want to step up your color blocking game even more, place three in a row. They come in different colors so you can mix and match.
13. Color Blocked Storage Table ($69): A multi-colored storage table like this one does all the color blocking work for you. You can stick things like remote controls and phone chargers inside to keep the room looking spotless.
14. White, Yellow and Blue Color Blocked Pillow ($60): Throw pillows with clean lines in preppy shades pop on a solid-colored couch.
Prefer to DIY when it comes to color blocking? Share your tips in the comments!
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