Tax Free Back to School Shopping
A large number of states have what is known as a tax holiday. Some states even have multiple tax holidays. One of these tax free holidays is often located around the time that children are returning to school. While these tax free days may not necessarily be referred to as a back to school event, they are often considered one. If you are shopping for clothing for your student, you may be able to save a large amount of money shopping during this tax free week.
Everyone can benefit from a tax free holiday, even those without children. The tax discount is offered to all shoppers and it is often available on all clothing purchases. The individuals who may find this tax free holiday the most beneficial are those who are the parents of a teenager. Once in high school, many teens are worried about their appearance. Often times, this causes them to want name brand clothing, which is often the most expensive type of clothing. A tax free week may make it possible for you to afford this type of clothing.
Before getting excited, about the possibility of shopping for back to school clothing without any tax, it is important to remember one thing. Not all states have a tax free holiday. In addition to states, there are also a number of counties that do not have this tax free event. In some states, many counties are given the opportunity to decline a tax free week.
Even if the county that you live in decides not to offer a tax fee week, you may still be able to see a small amount of savings. Sales tax is a combination of local county taxes and state taxes. If your county decides not to eliminate their sales tax, it is likely that your state still will. While you may not be able to get your clothes completely tax free, you may be able to purchase them with a smaller tax amount.
The first step in shopping for back to school clothing during a tax free week is to determine whether or not your state will have a holiday. This information can often be found by visiting your state’s sales tax website. If you do not already know the internet address of this website, you can easily find it by performing a standard internet search. Somewhere on your state’s website, they should mention whether or not they will be offering a tax free week this year.
Whether you are lucky enough to live in an area that does not even have a sales tax or you are able to tax advantage of a tax free sales week, you can save a large amount of money. The more you spend, the more you will end up saving. This works out great for families with multiple children.
