The Top 5 Nicest and Naughtiest Halloween Candies to Keep in Mind
Happy Halloween, all! By now, your costumes should be set and ready to go (or perhaps you need some last minute ideas?), the pumpkins have been carved and there’s a ghoulish excitement in the air for today’s festivities and all the mouth-watering CANDY that’s headed your way. But before you head out for a night or trick-or-treating or whatever parties you have planned, we have something super spooky to share with you — a breakdown of sugar content in over 40 of your favorite Halloween treats.
Top 5 Candies With the Least Sugar
1. Milk Chocolate Rolo: These delightful caramel filled treats actually come in first on the list. One Rolo contains 3.7 grams sugar. Who’d have thunk that all that gooey deliciousness might actually be… almost healthy? Okay, not really, but if you’re going to indulge, you might as well know the facts.
2. Hershey’s Special Dark Chocolate Nuggets With Almonds: Mmmm… chocolate. These tasty dark chocolate morsels come in second with four grams of sugar per nugget. Plus, those almonds definitely add a bit of a crunch for max tastiness.
3. Wonka Mini Laffy Taffy: Tart candy lovers are going to like this. This childhood (and adulthood!) favorite is chewy deliciousness — plus, you’ll be pleased to hear they’re third on the list with 4.2 grams of sugar each.
4. Hershey’s Assorted Miniatures: These miniatures are pretty much a trick-or-treating staple — Halloween wouldn’t be the same without ’em! Hershey’s Assorted Miniatures are fourth on the list with 4.4 grams of sugar each.
5. Starbursts Fun Size: Everyone has a favorite Starbust flavor (pink). It’s as ubiquitous as having a lucky number or a favorite color. Luckily, Starbursts rank as number five on the list with six grams of sugar per two-pack.
Top 5 Candies With the Most Sugar
1. Snack Size Sugar Babies: Now we’re switching gears into most sugar-heavy candies and YIKES. Sugar Babies snack size packs contain 15 grams of sugar. OMG. Something to remember next time one of these is stuck in your teeth.
2. Charm’s Blow Pop: These childhood classics with its candy shell and bubblegum center were always considered more like two candies in one. But did you know they have 13 grams of sugar each? Eek. That might make you think twice before reaching for one again.
3. Nerds Mini Box: Crunchy, tart and colorful, Nerds were always one of the most sought after Halloween candies ever. Unfortunately, they come in third on the list with 12 grams of sugar in the mini boxes :(
4. Brach’s Candy Corn: Candy corn is probably the treat that’s most heavily associated with this holiday. Some love it and others hate it (and it’s the favorite candy in Texas, Oregon, Colorado and more). These small packs contain 11.7 grams of sugar each.
5. Skittles Fun Size: Noooooo. This news is gonna bum you out. Skittles make the list of top five worst sugar offenders with their fun size packs. Each pack has 11.3 grams of sugar.
What are your favorite candies? Tell us in the comments below!
(h/t Cooking Light, featured photo via Hershey’s)
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:
You X Ventures for Unsplash
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.
Kobu Agency for Unsplash
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