Personal Finance Advice and Commentary

Thursday, August 08, 2013 4:49 pm
By Kay Bell ·

Georgia, Maryland, Massachusetts and Texas shoppers will be treated to sales-tax-free shopping for at least part of the coming weekend.

Thursday, August 09, 2012 12:35 pm
By Kay Bell ·

Massachusetts shoppers can pick up tax-free bargains Saturday, Aug. 11, and Sunday, Aug. 12.

Tuesday, August 02, 2011 10:34 am
By Kay Bell ·

Summer is almost over. That means back-to-school sales tax holidays. This August, 17 states are trying to encourage shoppers by exempting certain products from state and in some cases local sales taxes. Mississippi kicked off tax holiday season last weekend. Eleven more states hold their tax-free shopping days this coming weekend. Five more state events

Monday, December 20, 2010 2:48 pm
By Jennie L. Phipps ·

Here’s a timely retirement planning tip from Greg Burrows, senior vice president at The Principal Financial Group: Put the extra 2 percent of salary that you’ll gain from the Social Security tax holiday, which Congress awarded us in 2011, in your 401(K), 403(b) or IRA. Burrows calculates that if a 30-year-old earning $50,000 per year would

Tuesday, November 23, 2010 4:21 pm
By Kay Bell ·

If your post-Thanksgiving Black Friday shopping list includes firearms and you live in (or near) South Carolina, then you’re in for a treat. South Carolina’s annual gun sales tax holiday begins at 12:01 a.m. on Friday, Nov. 26, and runs through midnight on Saturday, Nov. 27. During these two days, no state or local sales taxes

Thursday, October 07, 2010 2:03 pm
By Kay Bell ·

Some Virginia residents, as well as folks in neighboring states, will be spending the long Columbus Day weekend shopping. The reason: Friday, Oct. 8, through Monday, Oct. 11, is Virginia’s annual Energy Star and WaterSense Sales Tax Holiday. During these four days, certain energy-efficient appliances will be exempt from Virginia’s state and local combined 5 percent sales tax. Products priced

Tuesday, July 27, 2010 2:35 pm
By Kay Bell ·

If you’re a shopper, especially one with school-age children, you love state sales tax holidays. If you’re a retailer, you love them, too, even though the short-term changes in tax collections causes you some administrative hassle. And if you’re a politician, especially in an election year, you definitely love tax holidays. So who’s not so

Tuesday, May 25, 2010 3:01 pm
By Kay Bell ·

The annual sales tax holiday season officially began today. True, Missouri has a tax-free event in April. But with the arrival of the Memorial Day weekend and the summer season, three more states — Virginia, Louisiana and Texas — are offering shoppers sales tax breaks. Virginia started its week-long hurricane preparedness sales tax holiday today,