Plus-Size Supermodel Iskra Lawrence Is Petitioning to Bring Self-Care Classes to Schools
There’s something most major models involved in the body positive moment seem to have mastered: a strong and inspirational voice. Scroll through the Instagram accounts of curvy supermodels like Tess Holliday, Ashley Graham or Iskra Lawrence, and you’ll not only see photos of them looking bomb in photo shoots, but also notes to their followers preaching self-love and acceptance. The commonly used hashtag #effyourbeautystandards was actually coined by Tess. And Ashley made us all swoon earlier this summer when she proudly flaunted her cellulite during a bike ride. Now, it looks like it’s Iskra’s moment to shine. And she’s doing so with an incredibly necessary Change.org petition that aims to bring self-care classes to schools.
The petition is all part of Iskra’s new initiative, “Iskra’s Army.” As a promoter of self-care and healthy body image through her modeling career, she now wants to make these sorts of life lessons an integral part of the education process. And to be totally honest, we can’t believe it’s taken so long for an idea like this to emerge. If sex ed is required, why not include a curriculum on self-care? Especially given that today’s teens are growing up in what is more or less the Wild West of social media.
— Iskra Lawrence (@iskralawrence) September 19, 2016
In the petition, Iskra writes, “There is a lack of education about our physical and mental health. Online trolls, bullying, body image, and self-esteem issues can stifle young people’s ambitions and I hope with the proper education we can enable our future generations to reach their full potential.” The petition was launched Monday and is already more than 80 percent of the way to its 1,000-person signature goal.
Currently, the petition will be brought to the UK Department of Education if it acquires all the necessary signatures. But if there is success seen with it in the UK, who says the US can’t be next? With nearly 68 percent of teens agreeing that cyberbullying is a serious problem, the course is basically already creating itself.
Sign Iskra’s petition here!
What sort of classes would you like to see brought to schools? Share with us on Twitter @BritandCo.
(Feature photo via @iamiskra)
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