Is your closet looking a little lackluster these days? Urban Outfitters is about to change that. One of our favorite stops for effortlessly stylish finds is having an online-only sale on lingerie and swimwear from clothing brand Out From Under. Rush over to the site to find 40 percent off all OFU bras and swimwear, but get to clicking because the sale ends today. Plus, you can replenish your lingerie collection by scooping up seven undies for only $28. Check out just some of the fashionable finds that we definitely don’t want you to miss. Have your credit card ready.
Out From Under Markie Seamless Ribbed Bra
Say hello to the comfiest looking bralette you’ve ever worn. It’s the closest you’ll come to wearing a bra that feels like nothing at all.
Out From Under Tori Tied-Up Bralette
On hot summer days, wouldn’t it be nice to just lounge around in your bralette all day? With this beautiful print, you can.
Out From Under Bonita Embroidered Bra Top
You’ll be ready to get out in the sun and explore new places in this easy, breezy bra that also works as a top.
Out From Under Lace Halter Bra
Toss that uncomfortable, hot, padded bra and slip on something cool and light for the season like this pretty halter. It practically goes with anything.
Out From Under Adelina Fusion Triangle Bra
Looking for a bralette that’s seamless, breathable, and cozy? Look no further.
Out From Under Allie Knot-Front Bralette
This tie-front top borrows from retro style to get you through the hottest days while still looking lovely.
Out From Under Juney Halter Bra Top
These thick straps and plunging neckline will flatter ladies of many body types. So you can show off your assets throughout the season.
Out From Under Poppy Crochet Bra Top
You get the best of both worlds with this top. The stripes make it a little bit preppy while the crochet brings hot hippie vibes.
Out From Under Jane Reversible Seamless Bandeau
Oh yes, get you a bandeau bra that can do both. On one side you’ll don a casual look, but twist it around and suddenly you’ve got a flirty, lacy, strapless bra.
Out From Under Bambi Open Back Bra Top
This wire-cupped bra top is supportive and sweet for summer walks in the sun. Pair it with a matching wrap skirt to complete your look.
Out From Under Charlie Terry Bralette
Master that sporty look with this stripey terrycloth bralette that always looks like you’re fresh from the gym.
Out From Under Printed No Lines Laser-Cut Hipster
Finally, a comfortable hipster panty that won’t show through your leggings or hip-hugging skirts.
Out From Under Izzy Sparkle Thong
Need to tap into your inner sparkly fairy princess? These delicate undies might do the trick.
Out From Under Markie Seamless Ribbed Bikini
Behold the all-day comfort that doesn’t come in a jumbo plastic bag. And there are five trendy colors to choose from too.
Out From Under Laser-Cut High-Waisted Panty
Keep everything smooth with these throwback undies that will make you feel like a classic pin-up.
Out From Under Kiki Hipster
Every woman needs some relaxed hipster briefs for her most relaxed days. These come in four to-die-for prints as well.
Out From Under Aliza Exploded Lace Hipster
Careful, you might love these lacy undies so much, you’ll want to buy them all. They are an excellent balance between your “special” pairs and your everyday pairs.
Out From Under Printed Deep Plunge Bikini Top
These wide, thick straps and simple but sexy construction make this bikini top a great option for pool and play.
Out From Under High Neck Bikini Top
This top isn’t just for show. When you’re staying active at the beach, it will keep you supported and looking good.
Out From Under Strappy Back High-Waisted Bikini Bottom
It’s a simple, high-waisted bottom in the front, but there’s a surprise in the back. Some swimsuits are all about the details.
Out From Under Printed Tie-Front One-Piece Swimsuit
Not a bikini, not yet a one piece. This tie-front beauty strikes the balance between skimpy two-piece suits and modest monokinis.
Out From Under Nikki Double Ring One-Piece Swimsuit
Nothing says “edgy” like adding a bit of hardware to your swimwear. Metal rings attach the front and back of this minimalist suit for just the right amount of embellishment.
Out From Under Printed Underwire Demi Bikini Top
For some women, they can’t get enough support when it comes to their swimsuits. This bra-like demi-cup top is here to uplift you and also comes in solid colors.
Out From Under Solid Ruched High-Waisted Bikini Bottom
Old-school swimwear is everywhere right now. Pair these vintage-style ruched bottoms with practically any bikini top to look like an old-school Hollywood diva.
Out From Under Printed Scoop Back One-Piece Swimsuit
Classic beach babes need a timeless swimsuit that looks just as good sunbathing as it does during a volleyball match.
Out From Under Casey Printed Strappy Back One-Piece Swimsuit
Go ahead and show off those beautiful shoulders with criss-cross straps and bright colors that complement the summer sunset.
Out From Under Wylie Beach Short
You don’t have to sacrifice your fashion sense just because you have to cover up. Slip on some light shorts to stay just as delightful off the beach as you are on it.
Out From Under Avery Wrap Neck Cover-Up Kimono
Once you’re out of the sun, you can protect your skin by wrapping yourself in a stunning kimono that will make you the envy of all the beachgoers.
Out From Under Camila Tie-Front Romper
Taking a walk on the boardwalk? A colorful romper is a good choice for gals who want to stay covered and relaxed.
Out From Under Meg Ribbed Scoop Neck Bikini Top
Meet the swimwear that you might never take off for your entire vacation. It’s a bikini and it’s a totally acceptable top that you can wear every day. Win-win.
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