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Tax Holiday Time is Here

School time is just about here.  That means there are purchases to be made for back to school. Check out  2012 Sales Tax Holiday listing  to see if, and when, your state is offering  a sales tax holiday.  Shopping during a sales tax holiday can save you money, because you do not have to pay sales taxes on items covered by the holiday. A back to school sales tax holiday generally covers clothing, shoes, and sometimes other items that your child(ren) will need for school, but it varies from state to state. In some states, the sales tax holiday covers computer purchases, but there may be dollar limits as well. The 2012 Sales Tax Holiday listing has links participating states, so make sure to research your state’s rules before you go shopping.
 

37 Comments to Tax Holiday Time is Here:

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Contractor accountant on Monday, December 03, 2012 5:07 AM
Great idea for shopping in tax saving holidays, but it applies according to state rules.
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Saving tax by shopping in the holidays. These rules are follow state wise in the particular country.
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Great! Is the sales tax holiday is available for this year also? Please share with us latest about it.
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A sales tax is a tax paid to a governing body for the sales of certain goods and services.Shopping during a sales tax holiday can save you money, because you do not have to pay sales taxes on items covered by the holiday.Thanks and keep posting this type of informative blog.
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Destination Marketing Tips by speaker on Thursday, August 22, 2013 11:03 PM
Shopping during sales tax holiday is really very beneficial,i really check out my states name in the list and share this information with others,thanks..
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Hi Tony Thanks for your comment, Its a good question that would probably have to be tested in court, the fact is though, the Tax evaders & avoiders probably won't hang around for it to be tested. Ray
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There can be a tax impact to events such as job loss, debt forgiveness or tapping a retirement fund. If your income decreased, you may be newly eligible for certain tax credits, such as the Earned Income Tax Credit.
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