Photograph Credit: Flickr (Recon Cycles)
If your state or commonwealth participates in tax-free days, then waiting to make a qualified purchased during those times will stretch your dollars. The Federation of Tax Administrators issued the 2012 State Sales Tax Holidays list, including limits and information links.
Though designed to help offset the back-to-school costs, these tax-free days can save you money on items you need.
For example, in South Carolina our tax-free days have no limits on clothing, school supplies, and computers. If we plan to purchase an iPad or choose to purchase clothing from the summer clearance racks for next year, then those items will not incur sales tax on those tax-free days.
By planning ahead, waiting patiently, and scoring those deals during tax-free days, you can continue stretching your dollars while using time wisely. Happy savings!
Question: Are you planning a big purchase during your tax-free days?