“Sex and the City” Drama Heats Up As Kim Cattrall Tells Fans to Move On
Fast and Furious isn’t the only franchise with some drama this week. After Sarah Jessica Parker revealed that Sex and the City 3 was no longer happening, a report from DailyMailTV claimed that it fell apart because of Kim Cattrall (who played Samantha). She denied the rumors, but in the days since, the situation has become increasingly complicated.
After Cattrall dismissed the Daily Mail‘s initial report about the movie — in a tweet saying, “The only ‘DEMAND’ I ever made was that I didn’t want to do a 3rd film….& that was back in 2016” — she reportedly addressed the drama in an interview for Piers Morgan’s ITV show, Life Stories. Per a separate story from the Daily Mail, she said that she had no idea when she last spoke to her costars. She also reportedly compared the whole saga to “a toxic relationship” and said everyone involved “could have been nicer.”
SJP, for her part, has remained relatively quiet about the situation (at least in regards to what caused the project to be shelved), but others haven’t been so tight-lipped.
Willie Garson, who played Stanford Blatch, took to Twitter with a very pointed message that seemed aimed at Cattrall: “Dear fans, because I’m ‘toxic,’ I’m going to negotiate a contract for 6 months, not come to terms, then say I never wanted to do it anyway.” He added in a subsequent tweet, “Facts are just so much better and more respectful than lies. Every time.”
Dear fans, because I'm "toxic", I'm going to negotiate a contract for 6 months, not come to terms, then say I never wanted to do it anyway.
— Willie Garson (@WillieGarson) October 4, 2017
And he wasn’t alone.
Evan Handler, who played Charlotte’s husband Harry, posted his side of the story to Facebook, explaining what he knows about the situation. “I’d assumed that this, like everything surrounding Sex and the City, was something I wasn’t supposed to talk about. But now it seems that others are. So, yes… I was suddenly contacted, just two or three months ago, and told that a third movie was definitely happening. I was astonished, but delighted. Then, less than three weeks later, that ‘they are pulling the plug,’ and it was not to be.”
He also warned fans to be wary of who and what they believe. “Suddenly the story seems to be everywhere. You can reach your own conclusions. But I will say this: Piers Morgan is a nasty, Trump-supporting, fake-news-distributing purveyor of lies and falsehoods that I argued openly with about far more serious matters months before his recent interview pushed this story into view. So, I’d be cautious about buying into whatever’s being sold on his show.”
While there’s obviously a whole lot of he said/he said/she said going on, Cattrall is ready to just drop it at this point. When a Twitter follower wrote, “So I’ve seen you doing interviews on ageism yet I see you on Insta saying you too old to play Samantha? I’m so confused,” the 61-year-old responded, “I’ve played ‘SAM’ for 20 years. Am moving on & so should you. Try #SensitiveSkin my show on @Netflix.”
— Kim Cattrall (@KimCattrall) October 6, 2017
She also reportedly replied to a fan on Instagram, writing: “My heart isn’t in it anymore. I’ve moved on. 61 isn’t 53 or 41. I have learned so much from our Sam. She was my hero but I want to rest & not work as much as I have been doing for years. I want a less hectic life. My decision reflects where I am in my life & I can’t change that without being unhappy. I hope you’ll understand.”
What do you think about the current Sex and the City 3 situation? Let us know @BritandCo!
(Photos via Gareth Cattermole/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