Tennessee Tax Holiday-Ready, set, SHOP!

5 Aug

In case you have been stuck under a rock and haven’t heard, this weekend is the Tennessee Sales Tax Holiday. No, it’s not a weekend set aside to celebrate the extra 9.25% Tennesseans pay the state on every purchase we make. It’s a welcome break from that 9.25%.

The state’s Annual Sales Tax Holiday is held every year on the first Friday in August and ends the following Sunday night. It’s a measure Tennessee has taken to ease the stress that back-to-school places on residents’ wallets. The Tax Holiday is valid on clothing under $100, school supplies under $100 and computers under $1,500.

Tennessee is not the only state that closes their coffers for a weekend. Virginia’s Tax Holiday is also taking place this weekend.

Not reserved for parents and students alone, everyone who purchases clothes, school supplies or computers will save money. Most retail stores and shopping malls are offering even more incentives to draw shoppers in.  It is the perfect opportunity for college students to get prepared to head back to campus.

Though students are mainly on their own in college with no supply lists from the professors, there are still some key supplies to stock up on. Class supplies like pencils, pens, notebooks and highlighters are a given. So are the wardrobe staples – jeans, sweats, sweatshirts, t-shirts, underwear and pajamas. It’s also a good idea to purchase some jump drive (memory sticks, USB drives etc.), batteries, blank CD/DVDS and a good calculator. Other items to think about include 3M Command Hooks (to hang things in your room), a cork board, a ruler, dictionary, paper clips/binder clips, a power strip with surge protector, folders, sticky notes and scissors.

The College Board has a complete check list to get you ready to get back to class. It’s available at http://www.collegeboard.com/student/plan/college-success/9763.html and can even be printed out to take on your shopping adventure. Happy shopping!!  


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