August marks the beginning of the end of summer for many families as parents and children alike begin to feel the school-shopping itch. While kids may view school shopping only as a quest for a new pair of shoes, parents can see the annual trek as a necessary but costly event. School supplies, especially for those with multiple children, can really add up. To help try to relieve some of that expense, some states offer back-to-school sales tax holidays – but what does that mean?
For a limited time, parents can purchase certain tax-exempt school supplies and even clothing without paying state sales tax.* Tax-exempt items vary by state and include everything from pencils to laptops to clothing, so don’t miss this opportunity to stretch your back-to-school budget.
Not sure if your state is offering a back-to-school sales tax holiday? These states are offering this money-saving holiday:
- New Mexico
- North Carolina
- South Carolina
Check out the products covered in each state and mark your calendar to get your money’s worth.
* Because this is a state tax holiday, local sales tax may still be charged.