You Can Save Money on Back-to-School Shopping During Sales Tax Holidays. Is Your State Holding One?

Back-to-school shopping can be expensive, but many states offer tax-free holidays to help ease the financial burden. These holidays, which typically last for a weekend or a few days, allow shoppers to purchase eligible items without paying state sales tax. The eligible items vary by state, but usually include school supplies, clothing, and electronics like laptops and tablets. Depending on the state, the savings can be significant, with some states waiving taxes of up to 7% or more. To take advantage of these savings, it's important to check if your state is holding a tax-free holiday and when it's scheduled. The timing and duration of these events can differ, so it's crucial to plan your shopping accordingly. By taking advantage of these tax-free periods, parents and students can stretch their back-to-school budgets a little further, making the transition to the new school year a bit more manageable.