20 Colorful Sunnies to Snatch Up Before Summer Is Over
The one nice thing about summer (besides getting your tan on) is stocking up on your sunglasses collection. There is no way you can have just one pair when you’ve got #flawless outfits to rock before summer is officially over. While we love our dramatic black frames, we’re sharing the best, most colorful sunglasses that’ll brighten up any hot and humid day.
1. The Hanoi Weekend Sunglasses ($58): These color block lenses are too cute to say no to. Once you buy them, they’ll be your go-to accessory for all your weekend activities.
3. Rays Me Up Sunglasses ($20): These baby blues are delicate but fierce. Pair them with a chic white dress and a wide-brim hat for a fun brunch date.
4. Kitti Sunglasses ($40): The UFO has landed and brought these glasses to Earth. We love how the alien-like color and pointed frames work together. They are definitely out of this world.
5. Cat Eye Acetate Sunglasses ($21): Nothing is ever wrong with adding neon to your wardrobe. Get really bold with this cat eye pair the next time you head out.
6. 50mm Retro Sunglasses ($38): Everyone needs an ombre pair of sunglasses in their stash. These colors are perfect to bring on your next beach adventure with your girls.
7. Komono Lulu Crystal Sunglasses ($60): We can’t get enough of how chic these pink glasses are. Who wouldn’t want to see through rose-colored lens?
8. Kosha Sunglasses ($45): These bright accessories are a winner for our eyes. Protection never looked so good.
10. Spitfire Teddy Boy Sunglasses ($39): We love how the blue lens and semi-transparent orange color complement each other so well. Orange is the new black, y’all.
11. Classic Aviator Sunglasses ($10): No one will mess with you when you’re wearing these kick-ass aviators. Whoever said purple meant royalty was completely right.
12. Delilah Sunglasses ($50): These have Malibu written all over them. With a permanent sunset in your lenses, you’ll be in paradise everywhere you go.
14. River Island Kelly Metal Rim Ombre Sunglasses ($24): Go right ’round with these colorful frames that are easy to pair with any outfit. Isn’t that what we strive for?
15. Spitfire Teddy Boy Two Sunglasses ($39): These babies are chic and cool all in one. Grab ’em and go on a grand adventure.
16. Trip Marble Mirror Square Sunglasses ($14): If a badass unicorn could wear any type of sunglasses, these would be it. Your day will turn right-side up with these party-perfect accessories on your face.
17. Tinted Round Glasses ($5): The price of these bold red glasses is a perfect match for your wallet. We always love a good sale.
18. Jeepers Peepers Round Metallic Sunglasses ($29): You really can’t go wrong with metallic sunglasses. Especially when they have green handles and brightly colored lenses.
19. Chunky Kitten Sunglasses ($22): If green is your favorite color, then wear these guys all day. The semi-transparent mint frames work so well with the gradient purple lenses.
What are your go-to sunglasses for the summer? Let us know in the comments below!
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