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Tax-Free Holidays: 3 Tips to Maximize Savings

08/03/2010 Kate Sorensen 2 Comments

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This year, 16 states will offer tax-free holidays to help shoppers save on back-to-school supplies, clothing and electronics. Many of these states will host their tax-free days this weekend, including Virginia, Missouri and Illinois. Consumer Reports has a full list of participating states and details.

Want to make the most of your tax-free holiday? Take a look at these tips to help maximize your back-to-school savings.

  • Make a List: Don't fall into the trap of buying items just because they're tax-free. Make a list of the specific items you need for back-to-school (e.g., socks, jeans, #2 pencils, etc.) and stick to it.
  • Shop Early: Tax-free holidays are very busy shopping days. To make sure you get what you need and to avoid some of the crowds, shop early, like right when the stores open.
  • Know the Details: Each state makes their own rules for which items are tax-free. Often there are limits as to how much the item costs or what types of items are exempt. Know the limitations before you hit the stores.

Saving Money

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  1. Tweets that mention Tax-Free Holidays: 3 Tips to Maximize Savings -- Topsy.com says:
    08/03/2010 at 11:53 am

    […] This post was mentioned on Twitter by Erin Gifford, Gina Beckman, Bob Thomas, Linda Evans, Tara Greene and others. Tara Greene said: Tax-Free Holidays: 3 Tips to Maximize Savings: This year, 16 states will offer tax-free holidays t… http://bit.ly/dlQo1k via @eringifford […]

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  2. 2010 Tax Free Shopping Days says:
    08/06/2010 at 10:01 am

    […] Also be sure to check out 3 tips to maximize your tax free shopping here. […]

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