Tax Tip of the Week | No. 313 | Sales Tax Holiday

Tax Tip of the Week | July 29, 2015 | No. 313 | Sales Tax HolidayJust in time for your back-to-school shopping!The state of Ohio recently enacted a one-time sales tax holiday to occur only in 2015. The holiday starts on Friday, August 7, 2015 at 12:01 a.m. and ends on Sunday, August 9, 2015 at 11:59 p.m.During the holiday, the following items are exempt from sales and use tax:•    An item of clothing priced at $75 or less;•    An item of school supplies priced at $20 or less; and•    An item of school instructional material priced at $20 or less.Items used in a trade or business are not exempt under the sales tax holiday.For more information see: Sales Tax Holiday Frequently Asked QuestionsYou can contact us in Dayton at 937-436-3133 and in Xenia at 937-372-3504.  Or visit our website.Rick Prewitt – the guy behind TTW...until next week.