TAX NEWS - JUNE 2010

Florida Tax: School sales tax holiday set

florida Governor Charlie Crist signed into law the Back to School Sales Tax Holiday – a three-day sales-tax holiday from Aug. 13- 15 on school supplies, books, clothing, and footwear. The tax holiday is expected to save Florida families $26 million.

During the sales tax holiday, Floridians will not pay sales tax on books, clothing and footwear that cost $50 or less, as well as school supplies that cost $10 or less.

"Our children deserve to have the resources and materials they need to be successful and competitive in the classroom," Crist said. "This tax break will help students, families and businesses as they prepare for a new school year," Crist said.