Advice, Preparation . . . Results™

August –Time for your Annual (Sales Tax) Vacation!

Attention Florida residents – your annual sales tax holiday is right around the corner, and you may spend part of this year’s “vacation” in some different places than in the past.

This year’s back-to-school sales tax holiday runs from August 1 through August 3, with some updated amounts to enjoy. New this year:

  • Clothing, footwear and accessories priced at $100 or less will be exempt from sales tax – an increase from $75 in the past.
  • The first $750 of a computer’s/accessories’ sales price will be exempt if it’s purchased for noncommercial use. Previously, computers and related accessories priced at $750 or less were exempt. So you can still purchase the top-of-the-line item and enjoy a (partial) sales tax break.

As in the past, select school supplies costing $15 or less are included.

Sorry bookworms and athletes – books and sporting equipment aren’t exempt. For complete guidelines, see the Department of Revenue’s website.

Also, don’t plan on purchasing your clothing and school supplies at the theme park, hotel or airport – sales at these establishments are taxable as usual.

Not your favorite holiday?  Watch for the sales tax holiday on Energy Star and WaterSense products, coming up September 19 – 21.

Enjoy your tax holiday! For assistance with taxes, accounting, and other matters (because Patrick & Robinson CPAs is the place to turn when you don’t know where to go), we can help.  Contact us at Office@CPAsite.com or 904-396-5400.

« »

What Our Clients Are Saying

I have personally known Mark Patrick since 1988. I have worked with him both professionally at the corporate level and personally as he has been my accountant. It is without hesitation that I would re…
Edmond P. Nash

Frequently Asked Questions

Q.

Is it worth the cost of a CPA to get your tax return prepared?

A.

While many options exist for preparing your tax returns, the complexity of the tax law continually increases—and in recent years the pace seems to have increased. If you experienced anything...

Read more...

Locations

4029 Atlantic Boulevard, Jacksonville, Florida 32207
6000-A Sawgrass Village Circle, Suite 1, Ponte Vedra Beach, Florida 32082

 

Copyright © 2019 Patrick & Raines CPAs, LLC.
All rights reserved. Privacy Policy | Terms of Use