Follow These Instagram Accounts for Backyard Party Inspo
We’re over here happily breaking out the pastels and stuffing our parkas into the depths of our closets. With weekends shining brighter and warmer, it’s time to tackle your outdoor space. Whether you have a dilapidated deck or an overgrown lawn, a few easy decor changes can take your backyard from scary to party-worthy. We’re sharing our favorite outdoor party spaces as inspo for the ultimate backyard redesign.
1. @ohjoy: Super-blogger Joy Cho is the queen of bright design, especially when it comes to party decor. DIY this outdoor setup by using specialty paint to add fun patterns to a set of ghost chairs. Add a crisp white table and bright stems to complete the look.
2. @joannagaines: It’s no surprise that Chip and Joanna Gaines from Fixer Upper are everyone’s favorite HGTV couple. Joanna has a rustic-chic aesthetic that is spot on for their Waco, Texas hometown. Copy their look with white paint and linens paired with a burlap runner and wood accents for a comfortable, refined look. Need a dash of glamour? Go for a sparkly chandelier.
3. @homepolish: Not all backyards have to be overflowing with color. The bold blues add a pop of color, while the wood accents give the space a natural touch. Add a gilded mirror to your outdoor wall to add some drama.
4. @brightbazaar: If you’re obsessed with Mad Men, then this retro-inspired design was made for you. Find a vintage outdoor table set at a nearby flea market and spray paint it a glossy white to clean up the design. Add colorful seat cushions and paper lanterns for a backyard that demands attention.
5. @designlovefest: We’re in love with this beautiful outdoor space, captured by Bri Emery of DesignLoveFest. To recreate this look in your backyard, stain your porch or pergola a deep natural shade and drape white fabric for a breezy atmosphere.
6. @juliahengel: Julia of Gal Meets Glam travels all over the world and shares her finds with her followers. Recreate this adorable outdoor breakfast nook with a white wrought-iron table set. If you’re doing a major renovation, consider using terracotta tiles, which add a rustic, old-world feel to any patio. Coffee al fresco, anyone?
7. @glitterguide: Twinkling lights make any backyard seem magical, while this bar cart filled with libations and different plants seems like it sprouted directly from the ground. Add a unique runner to ground the space, and welcome all the pups.
8. @homebeautiful: We would LOVE to find this hidden quaint corner from Home Beautiful in our backyard. The wooden swing is an easy DIY and the pillars look as though they’ve been there for years. Add a whimsical rug and side table to create a truly magical spot.
9. @emily_katz: This homespun setup from Emily Katz can easily be recreated by pulling items from your own home. Lay a brightly colored rug on the lawn and pull different seating options around your main table. String white lights through the trees for a perfect summer party atmosphere.
10. @TuulaVintage: Jessica Stein shares pics from all over the world, and she recently captured this beautiful outdoor space in Bali. To recreate it in your backyard, pair hand-carved furniture with comfy pillows and cushions.
11. @apartmenttherapy: You don’t need a huge outdoor space to make a statement. Paint wooden flower boxes a bright yellow or pink and pair with natural wood tones and lush plants for a space that will definitely wake you up in the morning.
12. @huntersalley: Do you embrace more of a boho style? Create a look similar to the one we found on Hunters Alley with bold, unique throws and patterned textiles. Candles and a hammock are the perfect finishing touches for a laid-back space.
13. @dominomag: Don’t be pattern shy when decorating your backyard. Domino shows that animal prints can work in any urban patio or suburban backyard space, especially when paired with a gorgeous, bold color like the cobalt blue in the photo above.
14. @lonnymag: What is it about fire pits that call for the occasional (okay, weekly) s’more? Create a similar corner in your backyard by pairing comfy Adirondack chairs and monogrammed blanket with pillows in your favorite eye-popping shade.
Which Insta-famous account inspires your home design? Share in the comments 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