15 Monkey Bread Recipes You’ll Go Bananas For
Who doesn’t love a good loaf of pull-apart bread? Whether you’re baking for one or looking to share, one of these 15 tasty monkey bread recipes is sure to please. Go classic with a sweet creation reminiscent of a cinnamon bun, packed with tons of buttery cinnamon and sugary caramel flavor, or take things in a savory direction with a tempting twist on pizza or pierogi. In other words, there’s a loaf here for any time of day or appetite.
1. Homemade Monkey Bread: Each and every part of this classic loaf of cinnamon-roll bites is homemade. Balls of sweet, yeasted dough are dipped in melted butter, rolled in cinnamon-sugar and packed into a pan then baked until a sweet caramel forms. Though absolutely delicious without, a drizzle of dripping glaze is a nice finishing touch. (via Sally’s Baking Addiction)
2. Piña Colada Monkey Bread: Treat your tastebuds to a tropical vacay with this coconut rum-spiked loaf. Studded with pineapple and sprinkled with toasted coconut, anyone who tastes it is bound to go bananas for the flavors. (via Erica’s Monkey Bread)
4. Blueberry, Honey + Goat Cheese Monkey Bread: This sophisticated creation stuffs blueberries and goat cheese into rolled out pieces of biscuit dough before forming each into a ball. It takes a little extra effort, but ensures that each bite is packed with flavor. (via Busy Mommy)
7. Strawberry Cheesecake Monkey Bread: As you pull apart this cheesecake-inspired loaf topped with a sweet cream cheese glaze, you’ll uncover pockets of graham cracker crumbs, white chocolate chips and strawberry filling. (via Lemon Tree Dwelling)
8. Salted Caramel Monkey Bread (Vegan): Free of refined sugar and oil and packed with whole grain goodness, this salted caramel-drizzled loaf is one you can feel good about indulging in. (via Yup, It’s Vegan)
10. Bubble Pizza: Shake up pizza night at your house by making it monkey-bread-style instead. Loaded with sauce, cheese and pepperoni, you’ll find all the classic flavors layered in an irresistible chewy-crispy textured dough. (via Foodie With Family)
12. French Toast Monkey Bread: Why choose between French toast and monkey bread on the weekend when you can fuse the two together instead? Save all the tough food-related decisions for later in the day. (via Dine and Dish)
15. Cinnamon Pecan Swirl Monkey Bread: A total labor of love, this bourbon-caramel-sauced loaf made from layers of homemade cinnamon buns is out of this world. Totally worth every minute (and calorie) spent. (via Evil Shenanigans)
What’s your favorite way to enjoy monkey bread? Do you go all out with from-scratch dough, or is the ease of canned biscuits more your style? Let’s talk below!
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