Wolters Kluwer Tax & Accounting explores upcoming state sales tax breaks to help parents as they prepare kids for a new school year.
What:
As summer winds down, parents across the country are shifting their thoughts from lazy summer days to the back-to-school shopping frenzy. This August, several states are offering sales tax holidays where state sales tax charges are temporarily waived on back-to-school items and other qualifying products. These temporary tax exemptions only apply to specific items outlined by each state.
Why:
Consumers in some lucky states can make the most of their shopping dollars by taking advantage of these sales tax holidays this month.