If you can’t get to the Golden Girls Cafe, don’t you worry! As of February 13, Miami‘s favorite #girlsquad has made its way to Hulu. Yes, that means you and all of your gal pals can stream all seven seasons any time you want. So, call up your besties, because we have 19 ideas to really say, “Thank you for being a friend” with a Golden Girls–inspired get-together.
Pin Em Up Designs Golden Girls Pins
These adorable pins capture the true essence of Miami’s favorite quartet. Hand them out as awesome favors or reward them as trivia prizes — either way, all that’s missing is the cheesecake.
DIY Tropical Tablescape
Blanche would surely approve of this eye-catching tropical tablescape. Visit your fave fabric store for a poppin’ pink cloth, grab a few large palm leaves, and start channeling your inner Queen Devereaux. (via Pizzazzerie)
DIY Tropical Paper Leaf Props
This vibrant DIY is all you’ll need for a fab GG photo booth. Well, you’ll probably need some shoulder pads too, TBH. (via Maritza Lisa)
The Cool Kids Club Golden Girls Sticker Set
The girls are all here! This sticker set is a perfect parting gift for your Golden Girls fan club. Stick ’em to your phones so the ladies will always be with you.
No Bake Golden Birthday Cake Oreo Cheesecake
Obvs, late-night cheesecake is a GG *must.* And we’re pretty sure the ladies would be down to munch on this flashy reinvention. (via Life Love and Sugar)
Eat Couture Cupcakes Golden Girls Quote Napkins
The girls know best! Let these delightfully hilarious napkins do all the talking on your tablescape or bar cart.
DIY Tropical Photo Backdrop
Bring the tropical vibes of Miami to your party with this backdrop. It’s so flashy that you’ll def need your shades. (via Brit + Co)
The Golden Girl Cocktail
This gorgeous cocktail captures the essence of our favorite diva, Blanche Devereaux. Add a dash of edible gold glitter and your guests won’t want to put it down. (via A Beautiful Mess)
Sophie’s Double Fudge Amaretto Ricotta Cheesecake
You simply can’t throw a Golden Girls party without this Petrillo family delicacy. (via Tori Avey)
DIY Fruit Garland
This adorable fruit garland is sure to bring the Florida sunshine, and remind you of some stellar Golden Girls’ ensembles. (via Tell Love Party)
Sugar Doilies Thank You for Being a Friend Lapel Pin
Inspired by the hit show’s theme song, nothing will say, “You’re a pal and a confidant” like these gift-able lapel pins.
DIY Gold Spray-Painted Pineapples
Golden pineapples? Yes, please! The classy, yet slightly tacky DIY is reminiscent of Rose’s trademark antics. (via Pop Sugar)
Jane’s Tiny Things Stay Golden Hand-Painted Nail Art Decals
You don’t have to be an experienced nail tech to have super fly nail art. Your squad will be killing it with matching manis of the best ladies around.
Paper Party Parade Golden Girls Favor Boxes
Fill these regal boxes with popcorn for on-theme snacking through your Golden Girls binging.
Printable Miranda L McNulty Shady Pines, Ma
A GG shindig wouldn’t be complete without an ode to Dorothy’s crass, blunt humor. Print it off and place it prominently to trigger all the feels of Dorothy and Sophia’s special relationship.
Party Paper Parade Golden Girls Cupcake Toppers
Um, how did we even decorate cupcakes before discovering these toppers!? They’re what our Golden Girls dreams are made of, and they’re sure to make your cupcakes the star of the show.
Oh Hey Sticker Co-Planner Stickers
No planner is complete without a set of fun stickers. Gift these babies as favors to your ladies and don’t forget to set aside a sheet for yourself.
You Silly Duffer The Golden Girls Enamel Pin Pack
Every attendee *needs* to be pinned with one of these. Let them pick their favorite girl to channel her all night long.
DIY Tropical Drink Piñata
There’s nothing like a larger-than-life piñata to get your girls in the celebratory spirit. Add this fun decoration to the mix and get the party started! (via Studio DIY)
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
The opinions expressed in this commentary are those of the author and may not necessarily reflect those held by Kestra Investment Services, LLC or Kestra Advisory Services, LLC. This is for general information only and is not intended to provide specific investment advice or recommendations for any individual. It is suggested that you consult your financial professional, attorney, or tax advisor with regards to your individual situation. Comments concerning the past performance are not intended to be forward looking and should not be viewed as an indication of future results. Securities offered through Kestra Investment Services, LLC (Kestra IS), member FINRA/SIPC. Investment advisory services offered through Kestra Advisory Services, LLC (Kestra AS), an affiliate of Kestra IS. O'Keeffe Financial Partners and any other entity listed herein is not affiliated with Kestra IS or Kestra AS Investor Disclosures: https://bit.ly/KF-Disclosures