10 Cozy #GirlBoss Pieces Perfect for Crazy Hot Weather
When it’s hot and humid outside, the last thing you want to do is throw on a blazer, button-down and pencil skirt. If that’s the outfit you go with, chances are you’ll be entering that AM meeting covered in sweat. But what’s the alternative? You can’t head to the office in flip-flops and a bikini top (if you can, please tell us where you work). If you want to look like a total boss in the workplace this summer but don’t want to feel like you’re permanently in a hot yoga class, here are 10 pieces you should make yours ASAP.
1. Cotton-Linen Sleeveless Tank ($40): Everlane’s button-downs are a must-have for chic office staples. For an option that’s just as professional looking but lighter weight, try their sheer sleeveless number.
2. Denim Shirt Dress ($73): Dress up this casual dress with an epic pair of booties and a statement necklace.
3. Faux Leather Sport Shorts ($26): Thought you couldn’t wear athletic shorts to work? Think again! This workout staple gets a fashion makeover by swapping the commonly used mesh material for some sleek faux leather.
5. Silkwash Romper ($70): Pop this super comfy silk romper on with a lightweight blazer to quickly put together an outfit that straight up oozes cool-girl vibes.
6. Everlane Street Shoe ($140): Halfway between a loafer and a slip-on sneaker, this leather shoe is perfect for the gal who spends most her day running around.
7. Linen Blend Cropped Pant ($23): Take a break from those thick trousers for the summer and instead rock these lightweight ones made from a linen blend. Pair with that sleeveless Everlane button-down for a super crisp, all-white ensemble.
8. Neoprene Printed Skirt ($163): Thought pencil skirts were out of the question in July? Not when they’re made from neoprene, which is super stretchy (and the same material wetsuits are made from).
9. Sleeveless Trench Coat ($81): Whether the office AC is running cold or you’re headed to an al fresco dinner date after work, throw on this denim trench that has all the class of the classic style, but without the sleeves.
10. Tie Waist Jumpsuit ($119): Is it just us, or do jumpsuits have a funny way of instantly giving off some serious girl boss vibes?
What does your professional wardrobe look like during the summer? Share a snap with us 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