Tax-free weekend slated for August 11-13

Tax-Free Weekend Brings Great Shopping Deals

Tax-Free Weekend Brings Great Shopping Deals

Most states offer a tax free holiday so parents can buy back-to-school items at prices a little cheaper than normal - but the sales definitely aren't limited to back-to-school items only.

The state's annual sales tax holiday for all essential clothing items for all ages under $100 began at 12:01 a.m. today and continues through 11:59 p.m. Sunday.

Qualified clothing and footwear - $100 or less per item; accessories are not tax-free.

In fact, the study showed that during the sales tax holiday period from August 7-9, 2015, the state actually saw an increase in sales tax collections of about 9 percent, "which could be attributed to the fact that consumers increase purchases of non-exempt items while shopping for tax-exempt items".

Anyone can make tax-free purchases, and all retailers in the state must participate, the Tax Commission says.

And that's a welcome relief given how high back-to-school spending gets. For a full list, visit tax.iowa.gov. The average household is expected to spend nearly $688 on supplies this year, up from $674 last year.

With metro-area schools starting up in the next few weeks, the weekend presents an opportunity to save the 7 percent sales tax charged in Council Bluffs.

Intense Downpours Possible, Flash Flood Watch Issued
NWS says flash flooding is expected to begin shortly and that some of the locations that will experience flooding include Genesee. The watch was upgraded to a warning mid-afternoon for Franklin, Hampden, Hampshire, Middlesex, Norfolk and Suffolk counties.

A House bill analysis estimated the holiday period will reduce state revenue by $26.6 million and local government revenue by $6.8 million. Diapers, diaper bags and baby clothes are also tax-free during the holiday.

"Pens, papers, notebooks, binders and other supplies are already laid out for you".

Maryland's free sales tax holiday starts next Sunday, August 13, and runs for six days.

Q. Does Nebraska have a tax holiday?

James Miller, the communications director for the Florida Retail Federation, joins the show to talk about how much of an impact saving six percent in sales tax has on shoppers, as well as businesses big and small.

Even though she knows stores will be crowded, Angela Miller plans to be out this weekend.

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