Summary
No one likes paying taxes. And fortunately for you, many states offer a few days when you can make purchases without paying sales tax. Here’s how you can find out when your state is having a sales tax holiday.
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Death and taxes. As the famous saying goes, those two things are the only certainties in life. At times, we’ve probably all thought we could spend some of our taxes better than the government does. If you’ve ever wished it was legal to not pay your taxes, you might get your wish sometime in the next two months.
For Personal Tech Media, this is Two Minute Tech. I’m Jim Herman.
As back to school season gets into full swing, 17 states will be offering sales tax holidays, which is probably the only way you can not pay taxes and not risk jail time.
Most of these tax holidays are only valid for a few days and all apply to just limited categories. For example, in Connecticut, Iowa, Maryland, and Oklahoma, these tax holidays only cover clothing items up to $100. Other states may add school supplies, sports equipment, and even technology to their tax-free holidays.
A few states have already had sales tax holidays on certain products this year. In addition to an upcoming holiday for school supplies, Texas has already had two holiday periods: one for storm preparedness items in April and one for air conditioners and other energy-related products in May.
The Federation of Tax Administrators has a list of all the sales tax holidays around the United States. You can check to see if your state will have a holiday coming up. And don’t worry if you already missed your state’s tax holiday. Most of them will happen around the same time next year.
While these tax holidays may only save you a small amount of cash, in a time of rising prices, every little bit of cash you can save does help.