August Sales Tax Holiday in Florida

WINTER HAVEN, Fla. - July 28, 2014 - PRLog -- Florida Residents - Don't miss out on your opportunity to be prepared, arm yourself with some supplies, and $ave $ome $ales Tax Dollar$!  During the holiday period of August 1 through August 3, qualifying items related to school supplies are exempt from sales tax.

This holiday does not apply to any item of clothing selling for more than $100; any school supply item selling for more than $15; books that are not otherwise exempt; rentals or leases of any of these items; repairs or alterations of any of these items; or sales of clothing, school supplies, or computers and computer-related accessories in a theme park, entertainment complex, public lodging establishment, or airport.

For a list of qualifying items and more details, please visit http://dor.myflorida.com/dor/tips/pdf/tip14a01-04_full_list.pdf.

Some examples of applicable items are (a more detailed list is available at http://www.lyncotax.com/blog.php?id=16):

1) Clothing, footwear, certain accessories selling for $100 or less per item.

2) Personal computers and certain computer-related accessories on the first $750 of the sales price (must be purchased for noncommercial home or personal use).

3) School supplies selling for $15 or less per item.

So please make sure you don't miss out on this opportunity to save some tax dollars!  Also, feel free to visit our blog at http://www.lyncotax.com/blog.php to keep up with more tax news and fun articles.

Remember, our goal at Lynco Financial & Tax Services is to help YOU KEEP more of what you make and SAVE more of what you keep!  We help people like YOU make smart choices about your money and finances so you can pursue YOUR goals and what is important to YOU.