20 Pieces of Unconventional Glassware
Last week’s celebration of beer got us to thinking even more about drinking than usual. We’ve already shown you how to turn a tumbler and shot glass into a universal party glass, how to turn wine bottles into tumblers, and how to turn a mason jar into a coffee cup, but what about all the unique and unusual glassware already on the market?
To prep you properly for a festive football weekend and plenty more happy hours ahead, here are 20 pieces of unique and unusual glassware.
1. Magnetic Shot Glasses ($26): Keep those shot glasses in check with this magnetic tray + glass set. Turning it upside down is definitely a fun party trick for calling out those friends who skimped on the shot-taking.
2. Icy Highball Glasses ($55 for 2): Love the icicle-inspired look of these highball glasses.
3. Cupa Glasses & Wood Holder ($90): Who says your cups can’t be a little tipsy too?
4. RedNek Wine Glasses ($25 for 2): You’ve probably seen this at some point. Mason jars plus candlesticks obviously equal redneck wine glasses :)
5. Wine Hourglasses ($75 for 4): Pace yourself with this fun set of hourglasses.
6. Coca Cola Drinking Glasses ($13 for 6): Can’t beat the real thing!
7. Gold Leaf Glassware ($20): These gold-dipped glasses are perfect for winter soirees, Oscars viewing parties, and any old Tuesday night.
8. Winestein ($19): Turning into a wino but still love a classic beer bug? Winestein time.
9. Crinkled Cup ($10): Inspired by Rob Brandt’s famous 1975 art piece, these crinkled glasses are tricky.
10. Red Cup Wine Glass ($6): Solo cup-inspired glassware for folks who can’t leave those college days behind.
11. Swivel Cognac Glass ($47 for 2): Made to cradle in the hand and savor select cognacs and liqueurs, this glass is certainly out of the ordinary.
12. Blade Runner Whiskey Glass ($150 for 2): Might seem like a lot to spend on a pair of glasses, but it’s the same glass used in Blade Runner!
13. Cocktail Roller Rock Glass ($18): This glass comes with a super special spherical ice cube mold and has a built in “rock” at the bottom allowing the ice ball to swirl naturally around the glass.
16. Musical Wine Glasses ($63 for 2): Each glass is equipped with musical notations that correspond to the level of liquid in the glass and will produce the correct note when you run your finger along the rim of the glass. A full set of 12 covers an entire octave! We like to think this product was inspired by one Miss Congeniality.
17. Waterfowl Whiskey Glasses ($25 for 4): Ca-caw! Learn about the birds of the water as you sip your latest bottle of Bulleit.
18. Double Wall Irish Coffee Glasses ($30 for 2): Another option for keeping hot drinks hot, these double wall glasses are gorgeous.
19. Glass Tank ($340): More a conceptual sculpture than a practical glass, this acts as a decanter and glass for one.
20. Swimmers (Unavailable): Love this playful pair.
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