We all know getting a good night’s sleep is important, but there’s a lot that can get in the way. The changing seasons, diet, pregnancy, and stress all are culprits in this, but sometimes the solution to making gains in the zzz’s department is as simple as swapping your bedding. We rounded up a list of Amazon products backed by stellar reviews, soft textures, and *all* the comfort money can buy, without breaking the bank. If you’re on board with a sleep upgrade, scroll below for sweet dreams!
Nestl Bedding Deluxe Sheet Set
High-quality, cool to the touch, and easy to care for — need we say more? (Other than the fact that we’re all over that affordable price point.)
Linen Home 100% Cotton Percale Sheet Set
Sometimes you just need a solid sheet set to get the job done. Whether for the guest room or your own bedroom, this product is your best bet for long-lasting linens, thanks to their percale weave.
California Design Den 400 Thread Count Sateen Sheet Set
100 percent cotton FTW! Those with sensitive skin or in need a of soft snuggle sesh rave about this pure cotton option. Bonus: They look just as good as they feel.
Mulberry Park Silks Silk Charmeuse Pillowcase
Upgrade from that plain cotton pillowcase you’ve been using for years. Silk cases are the latest and greatest thing to ensure you snag your most luxurious zzz’s yet.
Utopia Bedding Microfiber Sheet Set
For those warm summer nights, turn to this pick for its lightweight makeup and cool, silky design. Say buh-bye to night sweats.
Callista 400 Thread Count Dobby Sateen Sheet Set
Six pieces (double the usual pillowcases) and a sub-$50 price point are the true highlights here. Throw in a four-and-a-half star rating, and it’s a no-brainer that this is one of our favorite picks.
Mellanni Microfiber Sheet Set
If you’re someone who likes variety or perfectly coordinating your sheets to your bedroom, this Mellanni set is for you. With nearly 40 colors and patterns to choose from, you’re bound to find something that works seamlessly for you.
Cosy House Collection Luxury Sheet Set
These sheets are magic in the making — at least according to the reviews. Customers rave about their “soft as ever” qualities that’ll be calling your name come bedtime.
Great Bay Home Jersey Knit Cotton Sheet Set
Miss the softness of the sheets from your dorm days? Bring those feels back with this jersey knit option. Unlike your cheap college bedding, these sheets will last and last.
AmazonBasics Reversible Microfiber Comforter
A plush microfiber comforter that’s so good, they had to make it double-sided.
YnM 15-Pound Weighted Blanket
If a lack of sleep is weighing heavy on you, turn to the most reasonable solution — a weighted blanket. It’s padded with organic glass and cotton beads to bring you into a comfortable and deep slumber in no time.
AmazonBasics Microfiber Sheet Set
From first-time apartments to that extra room for guests, AmazonBasics is a notable choice for one of their most dependable sheet selections yet. Just take the nearly 14,000 reviewers’ word for it!
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
The opinions expressed in this commentary are those of the author and may not necessarily reflect those held by Kestra Investment Services, LLC or Kestra Advisory Services, LLC. This is for general information only and is not intended to provide specific investment advice or recommendations for any individual. It is suggested that you consult your financial professional, attorney, or tax advisor with regards to your individual situation. Comments concerning the past performance are not intended to be forward looking and should not be viewed as an indication of future results. Securities offered through Kestra Investment Services, LLC (Kestra IS), member FINRA/SIPC. Investment advisory services offered through Kestra Advisory Services, LLC (Kestra AS), an affiliate of Kestra IS. O'Keeffe Financial Partners and any other entity listed herein is not affiliated with Kestra IS or Kestra AS Investor Disclosures: https://bit.ly/KF-Disclosures
