On February 18, 2026, Florida business owners are preparing for significant changes as new tax laws come into effect. The state legislature passed a series of measures aimed at increasing revenue and streamlining business operations, but some entrepreneurs are expressing concerns about the potential impact on their bottom line.One of the most controversial aspects of the new laws is an increase in the corporate tax rate from 5.5% to 7%. While this rate is still lower than many other states, some business owners worry that it will erode their profits and make it harder to compete in an already challenging market.In addition to the tax rate hike, the new laws also include changes to the state's sales tax structure. Online retailers will now be required to collect and remit sales tax on all transactions, regardless of physical presence in the state. This move is expected to level the playing field for brick-and-mortar stores, but it has also sparked concerns about the compliance burden for e-commerce businesses.Another major change is the implementation of a new business license fee for companies operating in certain industries, such as healthcare and real estate. The fee is based on revenue and is intended to fund regulatory oversight and enforcement efforts. While some business owners see this as a necessary cost of doing business, others worry that it will create an additional financial strain, particularly for small businesses.Despite these challenges, state officials are optimistic about the impact of the new laws. They argue that the increased revenue will fund important services and infrastructure projects, ultimately benefitting the business community as a whole. Additionally, they point to provisions in the laws that offer tax incentives for companies that invest in renewable energy and other environmentally friendly practices.Overall, the business community in Florida is bracing for a period of adjustment as the new tax laws take effect. While some concerns remain, many business owners are hopeful that the changes will ultimately lead to a more stable and prosperous economic environment in the state.