With permanent tax cuts, new deductions, and powerful incentives for business investments, a new law could reshape the bottom line for floral businesses.
“Whether you’re running a flower shop, raising a family — or doing both — your bottom line is about to change,” writes Derrick Myers, CPA, CFP, PFCI, in the September/October issue of Floral Management magazine.
The sweeping “One Big Beautiful Bill Act” is a massive tax and spending package passed July 4, 2025, that will affect virtually every American household and small business for years to come, Myers writes. It locks in lower individual tax rates, expands write-offs for overtime pay and tips, and allows florists to fully expense big-ticket purchases like delivery vans and floral coolers.
It also comes with some new risks, Myers notes. From changes to social programs that may affect your customers and staff, to the potential for higher interest rates in the future, floral business owners need to plan carefully to capture the benefits while protecting against downsides.
Read “Leverage the Latest Tax Changes” in the September/October issue of Floral Management to learn more about the benefits and impacts of the new tax law.
Amanda Jedlinsky is the senior director of content and communications for the Society of American Florists.
