May Flowers FTW: 15 Floral Print Goodies You Need in Your Life
A few years back I made a promise to myself to always have fresh flowers in my house. And then the obsession began. I suddenly found myself in the kitchen surrounded by buckets of flowers, stems and leaves on the floor, wielding my shears like Edward Scissorhands making wild, shall we say, “art.” I called them floral arrangements and quickly became determined to learn a thing or two about flowers. I worked with some talented floral designers and even got a flower flashcard app on my phone (though I have to say, I haven’t found a good one on the market — hint, hint, developers). Now I can happily say that I know what I’m doing and can name a dahlia when I see it at the park. Though my love of flowers started with live ones, it has spread to all things floral which is why I’m stoked to share our bountiful array of botanical goods in the B + C shop. I want that Tattly tattoo. But for real.
1. Rose Botanical Journal ($15): Jot down your favorite flowers or perhaps a “roses are red, violets are blue” poem in this swoon-worthy journal. If only the cover was scratch and sniff!
2. Gold Floral Tattoos ($6): IMHO, floral tattoos stand the test of time, but if you’re not ready for ink (I’m almost there!), these floral tats by Tattly will make you feel just as badass. And then you can wash them off :)
3. 02:21PM Floral Watch ($39): It’s like wearing a corsage that tells time.
4. Rose + Vanilla Lip Blush ($12): Don’t let your lips get jealous of your rosy cheeks. I could almost eat this lip balm, it smells so good.
5. Sketching 101 Class ($20): With so much still life out in your garden, it’s high time you take a sketching class so you can freeze those breathtaking peonies in time. This one is going straight into my shopping cart.
6. Jungalow Nail Wraps ($12): Glamorize your fingertips with plant life. Your toes will be green with envy. That ring finger is my new best gal.
7. Paper Cutting ($28): Get serious with your scissors, Edward Junior, and learn how to cut paper from the best. This book will blow your mind like a dandelion.
8. Brass Plant Mister ($24): Probably the best-looking mister we’ve seen. Aside from Mr. Don Draper. He’s not so bad either.
9. Cactus iPhone Case ($30): I’m one of those people who somehow manages to touch the curling iron, the hot glue or my eyes after chopping jalapeños EVERY time. Glad I won’t get poked when I grab onto these cacti.
10. Thank You Citrus Cards — Set Of Six ($15): Nothing says thank you like flowers, except maybe a floral-inspired card.
11. Flower Arranging E-Class ($20): These ladies get three emoji thumbs up in my book! They’ll teach you how floral designers make such pretty arrangements. Get in on their secrets with our online course.
12. Edible Flower Seed Kit ($45): To eat or not to eat, that is the question. And the answer is: eat ’em! Edible flowers will make your taste buds dance.
13. Paper Flower Crown Kit ($20): Head into festival season with a crown on your head. A flower crown, that is.
14. Inverse Hanging Planter ($44): Give your plants a home in a handmade ceramic hanging pot. They’ll feel as much love as the artist put into her craft.
15. Gift Set — Florals ($50): Along with a bouquet of dahlias, this set of floral scented body oil, bath salts, body butter and lip balm is an A+ gift for the next birthday gal that pops up on your calendar. Like maybe me! March 8th people, March 8th!
Look for these items and so many more blossom-inspired products in our May Flowers collection. No, not Blossom from the ’90s television series :)
What other floral products would you like to see in the shop? Put your ideas in the comments.
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