OBLIGATORY NOTE: I'm talking about taxy stuff here. Listen to your accountant when making important decisions on your business instead of a random floral shop owner on the internet. That said, here goes:
There's a huge amount of discussion going on right now amongst small business owner florists about the new US tax law. There's definitely some positives for Small Business Owners and certainly some drawbacks. While it's still too early to comment on how the pending new US tax law will impact florists there are a few principles to keep in mind when responding to new tax laws whether you're in the U.S., Australia, Zimbabwe, or anywhere in between.