Tax holiday Feed

Massachusetts never RSVPs to the sales tax holiday party, but always seem to show up just in time for the celebration. For the third straight year, Bay State lawmakers passed last-minute legislation creating a sales tax holiday. It's the ninth sales tax holiday in Massachusetts in the past 10 years. So Massachusetts shoppers can officially head to stores on Saturday, Aug. 10, and Sunday, Aug. 11, and pick up just about anything without having to pay sales tax as long as the items don't cost more than $2,500 apiece. Three more tax holidays on tap: Also being held, or starting,... Read more →

I've heard of traffic grinding to a halt because of shoppers jamming the roads in search of bargains, but this is a first for me. The Georgia Department of Transportation is keeping roads open around certain construction zones to make it easier for shoppers to take advantage of the state's upcoming sales tax holiday. Two days tax free: First, here's the scoop on the event that's driving folks into the state's stores. The Peach State's annual back-to-school tax-free event takes place Friday, Aug. 9, and Saturday, Aug. 10. On those two days, sales tax is waived on: Clothing and footwear... Read more →

Summer is winding down, but someone forgot to tell the heat gods. Here in Texas, August rolled in on 100+ degree temperatures. That means my air conditioner is going crazy again. Me, too! I suspect a lot of my neighbors will end up getting new cooling units. If they haven't used one of the earlier iterations of the residential energy efficiency tax credit or have but claimed less than $500, they might be able to get help from Uncle Sam to make it through the remaining hot months. That's just one of the August Tax Moves you'll find in the... Read more →

Shoppers in 12 states can buy a variety of items this weekend, or at least part of it, and not worry about paying sales tax on the purchases. For North Carolina's shoppers, it will be a bittersweet three tax-free days. This will be the Tar Heel State's last back-to-school sales tax holiday. The state's recently enacted tax overhaul eliminated the tax-free weekend, which the N.C. Department of Revenue said cost the state an estimated $13.6 million last year and is expected to cost about $13.4 million this year. North Carolina's tax-free weekend and those in 11 other states are previewed... Read more →

It's that time of year again. Parents are down to their last nerve as summer vacation seems to drag on forever. But hold on moms and dads. The resumption of classes gets closer every day. And so do the annual back-to-school state sales tax holidays. In fact, the first of 17 summer tax holidays kicks off this weekend in Mississippi. The events, ranging from two days to a full week, have over the years expanded beyond the traditional new school clothes and classroom supplies. The announcement of the 2013 sales tax holidays, listed in the table below, as well as... Read more →

I just got back from the grocery store. That's the extent of my Memorial Day three-day weekend shopping. But if you plan to purchase something other than tortilla chips, lemonade, roasted cashews, microwave popcorn, avocados and onion/horseradish dip (I bought more, but I just picked a few of my favorite snacks) and you live in Texas, Virginia or Louisiana, you could save some tax dollars. Those three states are holding sales tax holidays starting Saturday, May 25. In each location, certain items will be free of state and, in some cases, local sales taxes. Here's a quick rundown of the... Read more →

Sure the sales tax itemized deduction is back on the tax books (for 2012 filings and through 2013), but in real life most of us would prefer no tax on our purchases. Some Alabama and Maryland shoppers get just that this month, at least on a few items. Yep, the 2013 states and local sales tax holidays are here. Maryland, my Maryland tax holiday: The Old Line State kicks off this year's no-tax events with its Shop Maryland Energy Weekend. As the name indicates, buyers of certain Energy Star rated appliances and other energy saving products will not have to... Read more →

Things are really getting exciting in North Carolina. Not only are Tar Heel State residents getting added attention from the presidential candidates -- it's still considered a swing state -- purchasers of energy-efficient appliances this weekend won't have to pay any sales tax. That's right. North Carolina's annual fall Energy Star sales tax holiday begins today, Friday, Nov. 2, and runs through Sunday, Nov. 4. During these three days, certain appliances that meet energy-saving standards set by the Environmental Protection Agency and the Department of Energy are sales tax free. Just look for the Energy Star label on clothes washers,... Read more →

If you live in Georgia or Virginia and need a new washer, refrigerator or dishwasher, you are in luck. When you buy a new energy-efficient appliance this weekend to replace your dilapidated one, you won't owe any state or local sales tax on the machine. Heck, while you're at it, you might as well redo your bathroom while you're at it. Fixtures that use less water also are sales tax free in the Old Dominion and the Peach State this weekend. In general, both Georgia and Virginia tax collectors are waiving the sales taxes on certain products that carry the... Read more →

Summer's winding down and across the country schools will soon reopen. You know what that means. Well, yes, parents will be celebrating. But it also means that the end of the annual back-to-school sales tax holidays is in sight. This year 18 states authorized tax holidays. Mississippi kicked the sales tax holiday season off in late July. The first weekend in August was the busiest sales tax holiday weekend of 2012. A dozen states held their tax holidays on some combination of that Friday, Saturday and Sunday. Massachusetts, Maryland and Georgia followed a week later. And now Texas and Connecticut... Read more →

Saving tax money and keeping your money out of identity thieves' hands were the hot topics covered in posts last week at my other tax blog. Massachusetts shoppers had to wait yet again for their lawmakers to approve the Bay State's sales tax holiday, but finally it did happen. Saturday, Aug. 11, and Sunday, Aug. 12, were designated as tax-free days for most items priced at $2,500 or less. Meanwhile, some folks have been getting an email alerting them that their Electronic Federal Tax Payment System, or EFTPS, transmission was rejected. The only problem that the EFTPS email is a... Read more →

Massachusetts shoppers are getting used to making last-minute retail arrangements, at least when it comes to the state's sales tax holiday. The Bay State legislature always seems to wait until the last minute to approve the tax-free event. 2012 is no different. Gov. Deval Patrick finally got the tax holiday bill from state lawmakers and on Tuesday signed it, officially declaring that Massachusetts shoppers won't have to pay state sales tax on certain items purchased on Saturday, Aug. 11, and Sunday, Aug. 12. But Massachusetts can be cut some slack for its slowness in OKing the tax-free event since it's... Read more →

If you live in (or near) Alabama, Arkansas, Florida, Iowa, Louisiana, Missouri, New Mexico, North Carolina, Oklahoma, South Carolina, Tennessee or Virginia and aren't already at your local mall, this reminder is for you. Your state's back-to-school sales tax holiday started today. Click on the Tax Foundation map image for a larger view. My Bankrate story on tax holidays also has an interactive map with participating state details. Savvy sales tax holiday shoppers: I want to remind you of my sales tax holiday advice earlier in the week here on the ol' blog -- as well as on WERC Radio... Read more →

Attention back-to-school shoppers in Alabama, Arkansas, Florida, Iowa, Louisiana, Missouri, New Mexico, North Carolina, Oklahoma, South Carolina, Tennessee and Virginia. This weekend you'll be able to buy some things your kids (or you!) need (or want!) without paying sales tax on the products. Yep, it's that time of year again, when sale-loving folks get to keep a few dollars out of their state tax collectors hands. Actually, it could be more than just a few bucks. While most of the upcoming tax holidays have relatively small price tag limits on exempt items, say $100 for a piece of apparel or... Read more →

July is almost over. You know what that means. School's just around the corner. And with it comes the annual spate of back-to-school sales tax holidays. Mississippi kicks off these summer tax-free events today. The Magnolia State's sales tax holiday began at 12:01 a.m. today, Friday, July 27, and runs until midnight Saturday, July 28. As in previous years, Mississippi shoppers won't owe the state's usual 7 percent sales tax on clothing and footwear that costs less than $100 per item. Double check eligibility: Mississippi's Department of Revenue has issued an official list of which items are and are not... Read more →

The July Fourth holiday was sandwiched last week at my other tax blog by some tax fireworks. Mother Nature produces her own pyrotechnics via severe weather. Alabama found that out firsthand last spring when it was hit by deadly tornadoes. So this year, Alabama officials decided to hold a Severe Weather Preparedness Sales Tax Holiday. And divorces are famous for the flames thrown by soon-to-be ex spouses. When it comes to celebrity breakups, it often is even more fiery. That's why all eyes are on TomKat, aka Tom Cruise and Katie Holmes. From a tax geek standpoint -- yeah, that's... Read more →

The deadly Tuscaloosa tornado of 2011 has tax ramifications beyond the usual disaster tax relief for its victims. In the wake of that twister and at the recommendation of the governor's special Tornado Recovery Action Council, Alabama legislators created the state's first sales tax holiday for severe weather supplies. The Severe Weather Preparedness Sales Tax Holiday began at 12:01 a.m. today, Friday, July 6, and runs until midnight Sunday, July 8. The official announcement of the inaugural tax-free event came as Tropical Storm Debby was churning in the Gulf of Mexico just southeast of Alabama's coast. "Tropical Storm Debby is... Read more →

Black Friday: Savings myth, name origin and no tax holidays in 2011

If you were up in the wee morning hours to nab some ever earlier Black Friday bargains, Oren Etzioni has some bad news for you. The University of Washington professor says that the best deals on electronics, the products that are among the biggest sellers on the crazy shopping Friday after Thanksgiving, actually show up in early December. If you didn't buy a home sound system or new HD 3-D television, then mark your calendar for your next shopping excursion in a couple of weeks. Of course, for many Black Friday is about the experience as much as it is... Read more →

Attention North Carolina shoppers looking for a new clothes washer. If you buy an energy efficient machine this weekend, you won't have to pay any sales tax on the appliance. The Tar Heel State's fourth annual Energy Star sales tax holiday begins on Friday, Nov. 4, and runs through Sunday, Nov. 6. During these three days, certain appliances that meet energy efficient guidelines set by the Environmental Protection Agency and the Department of Energy are exempt from sales and use taxes. The easiest way to shop for your home appliance and tax needs is to look for products that feature,... Read more →

Maybe it's the constant running of my air conditioner, but last week at my other tax blog, I focused mainly on energy related tax issues. The week kicked off with a look at an effort to require federal loan agencies to assess the expected energy costs for mortgage loan applicants. Basically, the Sensible Accounting to Value Energy, or SAVE, Act would change mortgage underwriting practices so that they would consider how much an energy-efficient home could knock off of utility bills each year. Smaller bills mean more money to pay the mortgage and maintain the home. The energy trend blogging... Read more →