Many States Offer Back-to-School Sales Tax Holidays in 2013

South Carolina: From August 2 to 4, the following are exempt:
  • Clothing (but not rentals), clothing accessories, footwear, school supplies, computers, printers, printer supplies, and computer software.
  • Bath wash clothes, bed linens, pillows, bath towels, shower curtains, and bath rugs. 
  • Tennessee: From August 2 to 4:
  • Clothing (but not accessories), school supplies, and school art supplies with a sales price of $100 or less per item.
  • Computers with a sales price of $1,500 or less per item.
Texas: From August 9 to 11:
  • Clothing, footwear, and school backpacks with a sales price of less than $100 per item are exempt.
The exemption does not include accessories, athletic or protective clothing, or rentals.
 
Virginia: From August 2 to 4, the following are exempt:
  • Clothing and footwear with a sales price of $100 or less per item.
  • School supplies with a sales price of $20 or less per item.
Tax Holidays for Energy Efficiency and Hurricane Preparation Items
In addition to holidays timed for back-to-school buying, a number of states have enacted tax holidays offered at various times throughout the year to promote other kinds of purchases. Energy efficiency is the most common theme. The following three states offer upcoming tax holidays for energy- and water-efficiency purchases.
 
Georgia: From October 4 to 6, energy- and water-efficient products purchased for noncommercial use with a sales price of $1,500 or less per product are exempt.
 
North Carolina: From November 1 to 3, qualified Energy Star products sold for nonbusiness use, including clothes washers, freezers, and refrigerators; central and room air conditioners; air-source heat pumps; ceiling fans; dehumidifiers; and programmable thermostats, are exempt.
 
Virginia: From October 11 to 14, noncommercial purchases of Energy Star- and WaterSense-qualified products with a sales price of $2,500 or less per item are exempt.
 
Maryland, Missouri, and Texas held energy-efficiency tax holidays in February, April, and May, respectively. Alabama held its sales tax holiday for hurricane preparedness items in February. Louisiana and Virginia held similar sales tax holidays in May.
 
Firearms Sales Tax Holidays
Louisiana remains the only state that offers a sales tax holiday for noncommercial purchases of firearms, ammunition, and hunting supplies. From September 6 to 8, such purchases (but not the purchase of animals for the use of hunting) are exempt.
 
Related articles:
 

You may like these other stories...

Boehner addresses GOP priorities ahead of midterm electionsHouse Speaker John Boehner (R-OH) on Thursday delivered what amounted to closing arguments ahead of the November elections, laying out a list of Republican...
As anyone who's ever been through a divorce can attest, the pain of parting with your spouse isn't just emotional—the fallout from divorce can wreak financial havoc as well long after the dust in the courtroom...
Former DOJ Tax Division head Kathryn Keneally joining DLA Piper in New YorkGlobal law firm DLA Piper announced on Thursday that Kathryn Keneally, the former head of the US Justice Department Tax Division, is joining the firm...

Already a member? log in here.

Upcoming CPE Webinars

Sep 24
In this jam-packed presentation Excel expert David Ringstrom, CPA will give you a crash-course in creating spreadsheet-based dashboards. A dashboard condenses large amounts of data into a compact space, yet enables the end user to easily drill down into details when warranted.
Sep 30
This webcast will include discussions of important issues in SSARS No. 19 and the current status of proposed changes by the Accounting and Review Services Committee in these statements.
Oct 21
Kristen Rampe will share how to speak and write more effectively by understanding your own and your audience's communication style.
Oct 23
Amber Setter will show the value of leadership assessments as tools for individual and organizational leadership development initiatives.