Are You Entitled to a Tax Break?

Categories: Consumer Awareness, Tax savings, back-to-school savings

Consumer Alert -- depending on where one resides, a few tax incentives may be in-store. Approximately 13 states are offering consumers a tax break on back-to school shopping. The tax-free offer includes everything from school supplies, clothing to computers sales. During the months of July and August both sales and uses taxes will be waived in the following states:

Alabama August 4 - 6
Connecticut August 20 - 26
District of Columbia August 5-13
Florida July 22 - 30
Georgia August 3-6
Iowa August 4-5
Maryland August 23 - 27
Missouri August 4 - 6
New Mexico August 4 - 6
North Carolina August 4 - 6
South Carolina August 4 - 6
Tennessee August 4 - 6
Texas August 4 - 6
Virginia August 4 - 6

From state-to-state, these tax breaks vary. For instance in the "Show Me State" (Missouri), tax-free days run from August 4 – 6, 2006. Back-to-school items, -- that qualify for the sales tax exemption, include school supplies ($50 or less). A hundred dollars worth of children's apparel falls under the tax exemption.

But AlertsForConsumers.com found Missouri to offer the best tax-incentive to purchase a computer or peripheral device. The tax exemption covers technology items up to $3500 or less) and comes with a few consumer-friendly benefits.

The most generous tax break was found in the District of Columbia. With eight-free days of tax exemptions covering up to $100 worth of clothes, supplies and other accessories, the consumer savings is ideal for the low-income family. (In New York, a year-round tax break is being offered but it may come with a few restrictions).

Consumer Awareness Tip: Check your local state's website to review the terms of any back-to-school tax exemptions.



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