Texas Tax Free Weekend 2010 is a welcome holiday for Lone Star residents. The Texas Tax Free Weekend 2010 is a relief for wallets, since Texas Tax Free Weekend 2010 comes during a busy shopping time. It is time for parents and children to go shopping for back-to-school material, as the new school year is just a few weeks away. Of course, since kids need a lot to learn, it can cost a lot to give them their proper education. In the shopping centers, at least, parents will get help from the Texas Tax Free Weekend 2010, starting today.
Every year at this time, the state prohibits any state and local sales taxes to be collected for one weekend. Anyone who purchases clothing and footwear under $100 will be exempt from these taxes. Around $8 could be saved for every $100 spent, which may not seem like a lot – although it certainly is for parents and shoppers.
With the Texas Tax Free Weekend 2010, local shoppers will rush to take advantage, as school doors are almost open again. Yet luggage, briefcases, duffle bags, computer bags, purses and framed backpacks are exempt from this special offer.
Binders, calculators, notebooks, lunch boxes, pencils, pens and other school supplies will be tax free, however, according to the state website. Under the Texas Tax Free Weekend 2010, residents don’t need any special certificates to qualify, unless he or she is using a business account.
For brief moments in August, there are areas where taxes do not apply, though it is not something out of a Tea Party fantasy. 14 states have this holiday, according to the Federation of Tax Administrators. Most limit it to a weekend, while a few others hold it for a little longer. In the case of the Texas Tax Free Weekend 2010, it is for three days in the third weekend of August, to coincide with back-to-school shopping.
Many of the other states involved in the holiday do it earlier, as Texas also used to do it in the first week of August. This was changed a few years ago, and now the Texas Tax Free Weekend 2010 is the fourth straight year where it is in the third week of the month.
Both the Texas Tax Free Holiday 2010 and Connecticut’s own holiday are being held right now, although Connecticut has been doing it all week already. 10 states did it two weekends ago, while Massachusetts did it last week. The District of Columbia is the only one to hold it in both August and November.
In the case of Texas, they only get it in August, so parents and families are set to take advantage now while they can.
Window on State Government- “Sales Tax Holiday”
Daily Postal- “Texas Tax Free Weekend 2010 – Sales Tax Holiday”
Federation of Tax Administrators- “2010 State Sales Tax Holidays”