Showing posts with label taxes. Show all posts
Showing posts with label taxes. Show all posts

Tax Free Week/ Weekends are Here!

It's that time of year again! Here's list of states that offer Tax Free Week or Tax Free Weekends:
Alabama
Connecticut
Florida
Georgia
Iowa
Maryland
Missouri
New Mexico
New York
North Carolina
Oklahoma
South Carolina
Tennessee
Texas
Vermont
Virginia
Washington D.C.

NC: Get your sales tax back!

The last time we got our taxes done I asked my accountant if there was anything I was missing that was deductible. She said nonchalantly that the only thing I was missing was sales tax. Since I like to be SUPER prepared during tax time in an effort to get back all of the money we deserve, I asked for more details. She said that in the state of NC all state sales tax is deductible, all of it. Not just on major purchases like cars and such. Last year, I started keeping a running monthly tally of how much we were spending in sales tax. On the same spreadsheet as our monthly budget, I enter in the tax from groceries, gas, electricity, everything. Well... so far we have spent $836 in state taxes alone! I'm so excited for the due diligence because at the end of the year, we get to claim it back dollar for dollar. Yippie!

Check with your accountant for more details about your own state. For you N. Carolinians, it's not too late to start crunching those numbers!