Twitter Is Super Peeved at UFC Fighter Amanda Nunes for Mocking Ronda Rousey Post-Fight Win
2016 wasn’t many people’s year (here’s a recap of all the famous faces we lost), but it may have just played out worst of all for UFC fighter Ronda Rousey — at least professionally.
In what was supposed to be her big comeback fight last night (she took more than a year off following her first defeat ever at the hands of Holly Holm last November), the UFC fighter stepped into the ring to face off against Amanda Nunes.
48 seconds later, it was all over for Ronda, as Amanda defeated her with several swift blows to the head, crushing her hopes of regaining her championship title.
While the defeat was shocking, to say the least, it was Amanda’s response that has Twitter up in arms.
Appearing to have no sympathy for her fallen opponent, she told a commentator post-match, “I trained for this girl since my first fight in UFC. I proved to everybody I’m the best on the planet… Forget about f*cking Ronda Rousey. I’m the real champion.”
And she didn’t stop there. She made the feud even more public by taking to Twitter to gloat, posting a Photoshopped shot of herself holding the championship belt while pushing Ronda in a stroller.
Justin Bieber (who reportedly once denied Ronda’s little sister for a photo, spurring some bad blood between the two) was firmly on Team Amanda, composing this charming tweet in her support, but many were left with a bad taste in their mouths over her show of poor sportsmanship.
— Haywire1970 (@Haywire1970) December 31, 2016
— Bill Anderson (@BillAFox29) December 31, 2016
Lost all respect for Amanda Nunes after those post fight comments. Easily the most classless champion I've ever seen. Not a fan.. #ufc207
— Alex Westby (@awestbyfitness) December 31, 2016
Amanda Nunes taunting Ronda Rousey?? Seriously? Don't be too bloody arrogant, girl. You ought to know NO ONE is invincible. 😏
— Rose Martin (@EnglandRose0914) December 31, 2016
— Shanny (@NickelPickel32) December 31, 2016
While Ronda has yet to respond, she did discuss the difficulty she faced after her first defeat prior to the fight with The Mirror. ”I hear so many of the worst things anyone could even imagine to think to say about me every single day. People are constantly trying to reach me to tell me negative things,” she said. “People want to see people rise, because they want to rise, but they want to see people fall, because they want to feel like they’re human, like they are,” she said, commenting on our society’s tendency of raising people up to let them crash down. (She isn’t wrong: See Taylor Swift and Ken Bone).
We’ve gotta say: Our hearts are breaking for her a bit. While some have questioned her own displays (or lack thereof) of sportsmanship in the past (one Twitter user pointed out that she failed to shake Amanda’s hand pre-fight, for instance), it can’t be easy to not only suffer such a crushing blow of a loss, but also be taunted for it thereafter.
Here’s hoping her 2017 goes better than 2016 did!
Do you think Amanda was out of line? Share with us @BritandCo.
(h/t E!, photo via Michael Reaves, Christian Petersen + Noel Vasquez/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