Tons of people out shopping for Missouri’s Tax Free weekend

During that time the law provides a deduction from gross receipts for retail sales of qualifying items, in effect allowing the retailer to sell the items “tax free”.

Tons of people were out Saturday taking advantage of the Tax Free Weekend in Missouri. “The wording used to be catalog shopping, but it does apply to online”.

You can see a full list of what is taxed and what items are tax free, visit the NM Tax and Revenue website at www.tax.newmexico.gov and click on the Tax Holiday button on the home page.

“You start getting lists from your teachers of what schools supplies you need and all kinds of things that families are expected to chip in on this time of year – that kind of all comes at once”, Bryan said.

For those with school-age children and for those who wait until this weekend to purchase the items without paying taxes, it’s nothing short of a bonanza.

Also not included accessories like luggage, purses, wallets and watches. “It’s a great opportunity for folks to save a little money”.

Tax-free weekend started last August 7 and will run until tomorrow, August 9.

“They’ll already be trained by Tax-Free Weekend”, she said. An argument that usually pops up around tax-free weekend is whether there is a better way to give taxpayers a break in our state.

Tabitha Knapp was out shopping for school clothes for her kids at Factory Connection in Hannibal. “We are still prepared for those coming throughout the weekend, and we have quite a few coupons for back-to-school items already”.

Alabama lifts the tax off certain school supplies, computers and clothing.