Friday, August 3, 2012

No-tax week-end!!!!!

This is IT, folks. NOT paying sales tax brings a smile to my face. I pay rent, care-and-maintenance on the parking lot and sales tax on the care-and-maintenance because it is a service. Enough already!!!!!!!!!!!!!
This week-end, Aug 3-5 is Florida's annual tax-free week-end!!! Stores are fighting for your business and have prices to prove it! Last year, I scored spiral notebooks for 8 cents each - tax-free, of course!!

Keep in mind the spending thresholds, too. Tax-exemptions only apply to clothing items less than $75. Thus, a $76 jacket is taxed, but two $70 jackets are both tax free! There’s also no limit to how many tax free items you can buy so, in essence, you could buy 10 million $70 jackets and they’d all be tax-free!!!!!!!!!

A couple of items on the Florida tax-free weekend list aren’t really related to Back-to-School. Since you won’t be taxed on them this weekend, it’s a great time to buy some of these items in addition to all those school clothes, shoes, pens, and paper:
  • Diapers: If you’ve got a baby or even an adult in diapers, you know that those things are expensive and that the best brands are seldom on sale. But diapers are tax free from August 3-5, so you’ve got a built in savings of 6-7% on items that you just can’t do without. Other baby care items are tax-free, too, including receiving blankets and baby clothes. (Strangely, though, crib blankets are taxed.)
  • Costumes: It may feel a little early, but Halloween is creeping up on us quickly. And since costumes are tax-exempt, it might be a good time to invest in your kid’s Halloween costume. Careful, though – children are finicky and what they’re in love with this summer could totally change once they pow-wow with classmates and friends.
  • Sports Uniforms: As mentioned above, the rules for taxing on sport equipment are kind of complicated. Remember, pads, helmets, and balls aren’t exempt. But uniforms are exempt, so if you’re in charge of a sports team or your child takes dance classes, it’s a great chance to score some discounts on uniforms.
  • Employee uniforms: Scrubs, maintenance jumpsuits, and other work clothes and uniforms are exempt from August 3-5. 
The rules are a little confusing. For example:
Tax-Free Taxed
Baseball Cleats Baseball Gloves
Fishing Vests Fishing Boots (waders)
Gardening Gloves Surgical Gloves
Jewelry (Necklaces, Earrings Accessories (Ties, Barettes, etc)
Safety Goggles Prescription Goggles
Swimsuits Swim Masks and Goggles
Wallets, purses, and handbags Briefcases and luggage
Binders, Rulers, and Poster Board Staplers and Computer Paper

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