17 Formal Hairstyles That Are Surprisingly Easy to DIY
Wedding season is upon us. And as most of us already know, it ain’t cheap. Whether you’re a guest, a bridesmaid or the couple of honor, you’re either gonna have to drop a serious chunk of change or get creative. We’re all for the latter option ;) One of the simplest ways to DIY a wedding is to become your own beauty pro, so browse these YouTube tutorials to find the perfect formal hairstyle. No one will guess you didn’t hire a stylist!
6. Date Night Hair: This half-up style works just as well with your own long locks as it does with hair extensions. We think it would look killer with a wedding veil, so pin this to your bridal hair board STAT. (via Luxy Hair)
8. Fishtail Braided Updo: As long as you know how to do a French braid, a fishtail braid and a bun, you can recreate this sophisticated style. Finish it off with a sparkly clip and dazzle the crowd. (via Missy Sue)
10. Frozen-Inspired Updo: This braided/knotted updo was good enough for Elsa’s coronation, so it’s definitely good enough for your big day. No superpowers needed — just super long hair, so get some extensions in there if you need the boost. (via Fashion On My Own)
11. Messy Bun Without Bobby Pins: Ahh, next-day wedding hair… combing through teased tresses while pulling out pin after pin after pin. Or not! Try this smart messy bun which only requires a hair tie, and then accessorize with flowers or sparkly pins to make it formal. (via Bebexo)
13. No-Heat Spiral Bantu Knot Out: You can get big, voluminous corkscrew curls without any heat by using bantu knots on stretched hair. Keep separating those untwisted locks to get more and more body. (via Samirah Gilli)
14. Big, Curly Side Ponytail: Side ponytails are perfect for special occasions because they’re just a little bit different from your everyday look, photogenic from every angle and the right blend of cute and sultry. (via Foxy Locks)
17. Braided Formal Updo: If your arms are getting tired just watching all these hair videos, remember that your bridesmaids are here to help. Enlist the help of your best friend to follow along with this tutorial. (via Kayley Melissa)
What big events do you have coming up this summer, and what hair ‘dos are you going to try? Tell us your favorites 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