Taxes Blog

Finance Blogs » Taxes Blog » More tax holidays!

More tax holidays!

By Kay Bell ·
Friday, August 12, 2011
Posted: 2 pm ET

Shoppers in three states this weekend won't have to worry about some sales taxes, both online and in the store. Their states are holding sales tax holidays.

Florida, Massachusetts and Maryland are the latest states to hold back-to-school sales tax savings events.

Florida's tax holiday began Friday, Aug. 12, and runs through Sunday, Aug. 14. Shoppers will get a tax break on articles of clothing costing $75 or less and school supplies of $15 or less.

Head up Interstate 95 and you'll find sales tax holidays on tap in Maryland and Massachusetts.

Massachusetts' tax-free sales event starts Saturday, Aug. 13 and wraps up at midnight Sunday, Aug. 14. It's not a long tax holiday, but it's a generous one. Most items costing less than $2,500 are tax free.

Maryland shoppers will get a week of tax savings. The Old Line State's sales tax holiday begins Sunday, Aug. 14, and runs through next Saturday, Aug. 20. But tax savings only apply to clothing and footwear costing $100 or less.

There are, of course, some other limits and rules, so be sure to check with each state's tax department before you head out to your favorite store.

Stay on top of federal and state tax advice and news. Subscribe to Bankrate's free Weekly Tax Tip newsletter.

You also can follow me on Twitter at @taxtweet.

Bankrate wants to hear from you and encourages comments. We ask that you stay on topic, respect other people's opinions, and avoid profanity, offensive statements, and illegal content. Please keep in mind that we reserve the right to (but are not obligated to) edit or delete your comments. Please avoid posting private or confidential information, and also keep in mind that anything you post may be disclosed, published, transmitted or reused.

By submitting a post, you agree to be bound by Bankrate's terms of use. Please refer to Bankrate's privacy policy for more information regarding Bankrate's privacy practices.