Texas’ Sales Tax Holiday is Approaching

Gearing up for the school year?  Looking to freshen up your wardrobe?  Then plan to hit the stores for Texas’ Annual Sales Tax Holiday from August 20-22, 2010. We thought we’d post this today so that people don’t head to the stores this weekend and miss out on the savings.  The Sales Tax Holiday provides a break from the normal tax assessed on purchases of clothes, shoes, and school supplies.  Not all items qualify, so check the list before you head to the stores. The Sales Tax Holiday is offered by stores throughout the entire State of Texas as a way to help our citizens make necessary purchases by saving us a little bit of money.

“From Aug. 20–22, shoppers will pay no state or local sales tax on many school supplies, school backpacks and most children’s and adults’ clothing and shoes priced at less than $100,” Texas Comptroller Susan Combs said.  “As our economy continues to recover, this tax break will help families get more bang for their back-to-school bucks.”

 For a complete list of qualifying purchases, please see the Comptroller’s website at http://www.window.state.tx.us/taxinfo/taxpubs/tx98_490/tx98_490.html

We hope this announcement has been useful to you and your planning. Let us know if you enjoy seeing posts with these types of announcements by adding a comment below.

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About missionmortgage

A full-service professional mortgage banker providing lending in Texas for over 25 years. Our main office is located at 901 S. Mopac Expwy, Barton Oaks V- Suite 120, Austin, TX 78746 with branches in Lakeway, Houston, and Sealy. Mission Mortgage has been ranked as a Top 10 Mortgage Company in Austin for the past 7 years (Austin Business Journal).
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