Thursday, August 2, 2012
The state's sales tax holiday is great for back-to-school essentials. It's the non-essentials that have us scratching our heads. What you can and can't buy.
Iowa's sales tax holiday is coming up fast -- Friday and Saturday to be more precise. Are you ready? For those not in the know, the tax-free holiday means no sales tax on all the essential clothing and footwear you might need for back-to-school. Here in Story County, that equates to a savings of up to 7 percent on everything from socks, shoes and shirts to pants, pajamas and adult diapers... What? Adult diapers? Yeah, you read that right. A real funny guy must have decided what items are taxable and what items are exempt during Iowa's sales tax holiday. For example, shoes are tax free unless they have cleats. Shoulder pads for dresses and jackets are exempt (even if they're no longer in style) but shoulder pads for protection are not (…
Friday, July 13, 2012
A heads up on the sales tax holiday.
Iowa's Sales Tax holiday will soon be here. No sales tax will be collected on select clothing and footwear Aug. 3 and Aug. 4. Than means a savings of up to 7 percent here in Story County. The exemption only applies to clothing and shoes that cost less than $100 per item. And some odd rules apply. Shoes without cleats are exempt, shoes with cleats are taxable. Any store that is open from 12 a.m. Aug. 3 to 12 a.m. Aug. 5 has to participate. If an item bought on the sales tax holiday is exchanged later the buyer will not have to pay taxes on the new item. --- Source Iowa Department of Revenue. Learn more here.
Saturday, August 6, 2011
The tax free holiday on clothing and shoes less than $100 lasts until 11:59 p.m. tonight.
Iowa's 12th Annual tax free holiday lasts until the end of the day. Shoppers won't have to pay sales tax on clothing and shoes until 11:59 p.m.
Friday, August 5, 2011
Iowa's 12th Annual Sales Tax Holiday on clothes and shoes began 12 a.m. Friday, some merchants expect to make more sales.
Shoe and clothing retailers expect a jump in sales today thanks to the sales tax holiday that started at 12 a.m. and runs until 11:59 p.m. Saturday. All pairs of shoes and clothing less than $100 are tax free through Saturday. Scott Gire, North Grand Mall Younkers store manager, expects to see a small spike in sales during Iowa's 12th annual tax free weekend, but not quite the swell that the holiday used to bring. “It still brings in business, don't get me wrong,” Gire said adding later, “It's not what it used to be 10 years ago.” The newness of the holiday once brought people in droves, Gire said, a decade later the business will still be better than a normal day. Kinsey Lehrkamp, manager of Lyla's Boutique, assumes the Main Street shop …
Iowa's annual sales tax holiday began at 12 a.m. Friday and runs through 11:59 p.m. Saturday.
No sales tax will be collected on select clothing and footwear from today through 12 a.m. Aug. 7. Any store that is open from 12 a.m. Aug. 5 to 12 a.m. Aug. 7 has to participate. The exemption only applies to clothing and shoes that cost less than $100 per item. If an item bought on the sales tax holiday is exchanged later the buyer will not have to pay taxes. Shoes without cleats are exempt, shoes with cleats are taxable. --- Source Iowa Department of Revenue.