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Tribune News Service
Tribune News Service
Business
Erica Sandberg

How to save on back-to-school items during tax-free shopping days

There’s no dispute that the cost of consumer goods is soaring. The U.S. inflation rate rose 9.1 percent for the 12 months ending June 2022. With rising prices across many sectors, the prospect of shopping for your child’s school items can be daunting. What was once economical may now be expensive.

To take the edge off, look for your state’s tax-free shopping period and make your purchases then. You won’t be charged sales tax on certain items, up to a fixed amount. A couple of these special days may still be coming up for you in early August, which will be perfect timing to fix the kids up with many of the things they need for school, at a discount. To increase your savings, charge it to a credit card that offers rewards.

Who pays sales tax

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