Today is Friday, December 19, 2014

Business Expo, Sales Tax Holiday on tap this weekend

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From Aug. 5 through Sunday, Aug. 7, shoppers in Tennessee can buy hundreds of items tax-free as they buy needed items for the new school year, clothes, and much more. The Sales Tax Holiday began at 12:01 a.m., today and continues until 11:59 p.m., Sunday.


The annual Sales Tax Holiday was designed with Tennessee families in mind, providing savings for families, especially as students begin to prepare for the upcoming school year, said Gov. Bill Haslam.


Last year, the Tennessee Department of Revenue reported that shoppers across the state saved more than $8.6 million in taxes. The holiday allows consumers to not pay state or local sales taxes on a variety of items.


As in years past, last years tax-free weekend was very successful, said Tennessee Commissioner of Revenue Richard H. Roberts. We are hopeful that all Tennessee shoppers will take advantage of the tax relief provided by the 2011 Sales Tax Holiday.


Also, as featured in years past, the Lebanon Chamber of Commerce will partner with the Lebanon Premium Outlets to host its third Business Extravaganza, that will feature 33 local businesses at the Outlet mall.


They were very nice to let us have it out there this weekend, its a win-win for us both, said Sue Vanatta, president/CEO of the Chamber.


The Extravaganza will be held today only as Vanatta pointed out the Premium Outlets felt it was best to hold it on Friday as opposed to Saturday or Sunday. Businesses at the Extravaganza will be partnering with stores at the Premium Outlets while also promoting their own products.


It allows us to showcase our local businesses and to build a partnership at the Premium Outlets, Vanatta said.


Businesses that will be on hand for the Extravaganza range from health clinics to fitness centers, banks, apartment communities, restaurants and more. The event will run from 10 a.m. until 2 p.m. at the Lebanon Premium Outlets.


All weekend though, shoppers can avoid sales taxes on select clothing items of $100 or less per item, school and art supplies of $100 or less per item, and computers with a price of $1,500 or less.


Clothing items that will be tax-exempt are shirts, dresses, pants, coats, gloves and mittens, hats and caps, hosiery, neckties, belts, sneakers, shoes, uniforms whether athletic or non-athletic and scarves.


Tax-exempt school supplies include binders, book bags, calculators, tape, chalk, crayons, erasers, folders, glue, pens, pencils, lunch boxes, notebooks, paper, rulers and scissors. Art supplies include clay and glazers, acrylic, tempera and oil paints, paintbrushes for artwork, sketch and drawing pads and watercolors.


Computers are tax-exempt, which includes the Central Processing Unit (CPU), monitor, keyboard, mouse, cables to connect components and preloaded software. This includes laptop computers, also. Other items besides the CPU must be part of a bundled computer package in order to be eligible


Items such as iPads and other tablet computers are eligible as well.


To learn more about the items exempt from sales tax, visit the Sales Tax Holiday website at www.tntaxholiday.com. You may also contact the Tennessee Department of Revenue by email at salestax.holiday@tn.gov This e-mail address is being protected from spam bots, you need JavaScript enabled to view it .


Staff Writer Patrick Hall may be contacted at phall@wilsonpost.com

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