How to Return to Reality After an Amazing Trip
Breaking free from your workplace (even if it’s one of the world’s coolest offices) feels like the ultimate freedom. It’s amazing to finally put all of your pinned travel recommendations to good use while you’re on a long solo trip, teaching English abroad or jetting off for an unforgettable summer vacation. Coming back from the grand adventure though? It takes some major getting used to. Instead of falling victim to the post-travel blues, try six of our go-to tricks for loving life back at home again. These tips will help you cherish all of the memories you made and readjust to your normal day-to-day.
1. Plan a new adventure. Coming back from a trip can feel like a bit of a letdown, as everything you’d been counting down the days for has come and gone. Instead of slumping your shoulders or dreading the daily grind, give yourself something new to look forward to. Get your next journey on the books right away, ’cause having something fun on the horizon will definitely help you feel happier.
2. Go on a mini-getaway. If another grand adventure isn’t feasible in the near future, make it a point to take a mini-vacay. This might be as simple as driving a few towns over to have lunch somewhere new and scope out the scenery or spending a weekend away with friends, fam or your boo. Keep your adventurous energy alive by treating your mini-trip just as you would a bigger one — find cool photos to shoot, talk with locals and find joy in discovering something new.
3. Rediscover the things you love about home. Finding yourself back at home after visiting far flung locations or spending time somewhere radically different and oh-so wonderful can feel like a bummer, but you can find pleasure in the things that make you happy about being home. Maybe it’s sleeping in your own bed, the incredible water pressure from your apartment shower, bumping into neighbors on the street or treating yourself to a cupcake at your favorite local bakery. Whatever it is, jump back into rediscovering the little joys — you know you missed ‘em while you were gone.
4. Go through your photos. Once you’ve unpacked and settled back in, find time to sort through the photos and videos you took on your trip. Whether you have images from your DSLR or lots of cool footage on your phone, load them all onto your computer or print your faves so you can easily save, display and share all of the incredible moments. Looking for a creative way to showcase your best shots at home? Try a gallery wall or lettered photo art. SO wanderlust chic.
5. Share highlights from your trip. Were you gone a long time? Did you travel to a place that your friends are dying to know more about? Make it a point to get together with them to share the most inspiring and interesting highlights and lessons. If your long-term travel experience might benefit others, look for networking, speaking or teaching opps that’ll let you rave about your trip. Travel blogs, vlogs and social media are also fun ways to broadcast highlights for people who are looking to learn about a journey just like yours.
6. Keep your adventurous spirit alive. Maybe you felt more confident trying new things while in vacay mode, like learning to speak a foreign language or cooking cultural dishes. Just because you’re home doesn’t mean you need to give it up! Think about taking a class, picking up a few books or continuing your learning online. Work hard to embody the things you loved about the traveling version of yourself or your destination at a distance and you’ll definitely be able to preserve some of the magic.
How do you beat post-adventure blues? Spill your secrets with us on Twitter @BritandCo!
(Photos via Getty)
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