Facebook Rss Twitter Youtube MSN

Use state tax holidays to trim shopping costs

Aug 06, 2009 | | Comments Comments Off

Bristol Museum Vs. Banksy
Creative Commons License photo credit: JasonBlait

Shopping during a tax holiday can be stressful, since so many other people will be at malls and stores trying to take advantage of the savings. If you’re up for the challenge, however, here are the states offering tax holidays. (A few have already passed, but most are still to come.)

Thanks to Kiplingers’ magazine for providing this list of states offering upcoming tax holidays. You can find the full article by CLICKING HERE.

Alabama
* When: August 7-9
* How much: 4%
* On what: Clothing less than $100, computers less than $750, school supplies less than $50 and books less than $30

Connecticut
* When: August 16-22
* How much: 6%
* On what: Clothing and footwear less than $300

District of Columbia
* When: August 1-9 and November 27 through December 6
* How much: 5.75%
* On what: Clothing, footwear and accessories less than $100

Georgia
* When: July 30 through August 2
* How much: 4%
* On what: Clothing and footwear less than $100, personal computers and accessories less than $1,500 and school supplies $20 or less

*Georgia shoppers also will save October 1-4 on energy- and water-efficient products.

Iowa
* When: August 7-8
* How much: 6%
* On what: Clothing less than $100.

Louisiana
* When: August 8-9
* How much: 4%
* On what: The first $2,500 of any purchase

Mississippi
* When: July 31 through August 1
* How much: 7%
* On what: Clothing and footwear less than $100

Missouri
* When: August 7-9
* How much: 4.225%
* On what: Clothing $100 or less, school supplies less than $50, computers less than $3,500 and software less than $350

New Mexico
* When: August 7-9
* How much: 5% to 8.5625%
* On what: Clothing less than $100, computers less than $1,000, other computer equipment less than $500 and school supplies under $15

North Carolina
* When: August 7-9
* How much: 7%
* On what: Clothing less than $100, school supplies less than $100, instructional materials less than $300, computers less than $3,500, computer supplies less than $250 and sports equipment less than $50

North Carolina shoppers also will save November 6-8 on Energy Star products.

Oklahoma
* When: August 7-9
* How much: 4.5%
* On what: Clothing and shoes less than $100

South Carolina
* When: August 7-9
* How much: 6%
* On what: All linens, school supplies and clothing, accessories and footwear

Tennessee
* When: August 7-9
* How much: 8.5% to 9.75%
* On what: Clothing less than $100, school supplies less than $100 and computers less than $1,500

Texas
* When: August 21-23
* How much: 6.25% to 8.25%
* On what: School supplies and clothing and footwear less than $100

Vermont
* When: August 22
* How much: 6%
* On what: All purchases less than $2,000

Virginia
* When: August 7-9
* How much: 5%
* On what: School supplies less than $20 and clothing and footwear less than $100

And October 9-12, Virginia shoppers will save the state sales tax on Energy Star and WaterSense products less than $2,500.

West Virginia
* When: September 1 through November 30
* How much: 6%
* On what: Energy Star products less than $5,000

For more, read:


Related Posts

  • Friday’s need-to-know money news
    The best places to work when you’re over 50, how not to support your kids for the rest of your life and tips on retiring almost tax free. The 50 Bes...
  • Friday’s need-to-know money news
    How to save big bucks when traveling, preparing for back to school shopping, and what mistakes to avoid when managing your 401(k). 5 Coolest Travel ...
  • Friday’s need-to-know money news
    The best place to rent a car for your summer road trip, six surprises that could ruin your retirement and how baby boomers can keep their identities ...
  • Are you failing your kids?
    I’m reading a fascinating book, “How to Raise Your Adult Children,” by comedy writer Gail Parent and psychotherapist Susan Ende. It’s not quite like ...

Categories : Liz's Blog