It’s that time again!
Before you go shopping, know when and how you can save $$$ with this year’s Ohio Back-to-School Sales Tax Holiday from Friday, August 7th through Sunday, August 9th. In general, qualifying purchases are limited to certain clothing items priced at $75 or less, school supply items priced at $20 or less, and school instructional materials priced at $20 or less, per item. This year’s tax-free allowances differ from years prior, so before you head to the check-out line, learn whether you’ll be charged tax on that laptop case you’ve been eyeing at https://tax.ohio.gov/business/sales-and-use-tax/sales-tax-holiday
Did you know that Ohio has a Tax-Free College Savings Plan you can use for your children or grandchildren? And if your child decides not to attend college, the tax-free funds can be used to pay for career center schooling, K-12 expenses, or be rolled over to a Roth IRA. Get educated on the Ohio 529 at https://www.collegeadvantage.com/learn
