Sales tax holidays are here and during these times, saving every dollar is a good idea. And an excellent exercise in economy is to save the sales tax on items you were going to purchase, anyway.
Many states offer these days – typically calling them Back-To-School Sales Tax Holiday – and generally schedule them in August.
Of course, the states differ in their implementation. But it is not uncommon to find exemptions from sales tax on the following items purchased during these periods.
- Clothing
- Footwear
- Computers
- School supplies
To see if your state participates, just click the following links.
- Alabama https://www.revenue.alabama.gov/sales-use/sales-tax-holidays/
- Arkansas https://www.dfa.arkansas.gov/images/uploads/exciseTaxOffice/faqsRetailers.pdf
- Connecticut https://portal.ct.gov/DRS/Sales-Tax/Examples-of-Clothing-and-Footwear-That-are-Exempt-During-Sales-Tax-Free-Week
- Florida https://floridarevenue.com/taxes/tips/Documents/TIP_23A01-06.pdf
- Illinois Although Illinois has participated in the past, it has suspended this for 2023.
- Iowa https://tax.iowa.gov/iowas-annual-sales-tax-holiday
- Maryland https://marylandtaxes.gov/divisions/comp/Shop_Maryland_Tax-free_Week/Tax_Free_Week_Facts.pdf
- Massachusetts https://www.mass.gov/info-details/sales-tax-holiday-frequently-asked-questions
- Mississippi https://www.dor.ms.gov/node/15698
- Missouri https://dor.mo.gov/taxation/business/tax-types/sales-use/holidays/back-to-school/vendors.html
- New Jersey https://www.state.nj.us/treasury/taxation/businesses/salestax/salestaxholiday.shtml#:~:text=August%2026%2C%202023%20%2D%20September%204%2C%202023&text=The%20Sales%20Tax%20Holiday%20takes,during%20the%20Sales%20Tax%20Holiday.
- New Mexico https://www.tax.newmexico.gov/news-alerts/tax-holiday/
- Ohio https://tax.ohio.gov/help-center/faqs/sales-and-use-tax-sales-tax-holiday/sales%20and-use-tax-sales-tax-holiday
- Oklahoma https://www.salestaxhandbook.com/oklahoma/sales-tax-holidays
- South Carolina https://dor.sc.gov/taxfreeweekend
- Tennessee https://www.tn.gov/revenue/taxes/sales-and-use-tax/sales-tax-holiday/sth-traditional.html
- Texas https://comptroller.texas.gov/taxes/publications/98-490/
- Virginia In 2023, Virginia suspended its annual Sales Tax Holiday.
- West Virginia https://tax.wv.gov/Business/Pages/SalesTaxHoliday.aspx
For more information or help with your business’s sales tax issues, contact Clarus Partners.