Last week we discussed how florists should respond to new tax laws. Today, we're getting into the nitty gritty details of what we learned from our own accountant about how the new US tax law will impact us as small business owners and how we're going to handle it.
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 it goes:
If you're considering investing in a florist app like Curate, you'll want to consider signing up for the annual plan before January 1 so that it's a business expense in 2017 while your tax rate is higher and you can get a better deduction. If you'd like to personally talk with me about what we're doing in our shop and see if Curate is right for you, click the button below to schedule a demo!