The time for sales tax savings is fast approaching. State departments of revenue from Connecticut to Texas are reminding taxpayers of upcoming tax free periods. To date, fifteen states have announced August 2014 sales tax holidays.
Sales tax holidays happen year-round and impact a wide variety of items, from guns to clerical vestments (see a map of 2014 state sales tax holidays). Do you sell qualifying items into states with a tax free period? Is your business prepared?
Warning! Participation is voluntary in some states, like Alabama and Mississippi. Retailers selling in non-participating cities and counties must charge tax during tax free periods.
An automated sales tax solution makes handling sales tax holidays a breeze.
Sales tax rates, rules, and regulations change frequently. Although we hope you'll find this information helpful, this blog is for informational purposes only and does not provide legal or tax advice.
Avalara Author
Gail Cole
Gail began researching and writing about sales tax in 2012 and has been fascinated with it ever since. She has a penchant for uncovering unusual tax facts, and endeavors to make complex sales tax laws more digestible for both experts and laypeople.