Introduction
Do you love finding deals and saving money? If so, tax-free weekends are an event you won’t want to miss. During these weekends, states drop sales taxes on certain items, allowing shoppers to save big on everything from clothing to school supplies. In this article, we’ll be focusing specifically on Arkansas’ tax-free weekend, so you can start planning your shopping strategy and maximizing your savings today.
Plan Your Shopping for Arkansas’ Tax Free Weekend: Dates and Details
The 2021 Arkansas tax-free weekend will take place on August 7th and 8th, beginning at 12:01 a.m. on Saturday morning and ending at 11:59 p.m. on Sunday. During this time, certain items will be exempt from both state and local taxes, including clothing and footwear under $100 per item, school supplies, art supplies, instructional materials, and more. Additionally, shoppers can apply the tax exemption to online orders if the items are purchased during the tax-free weekend.
It’s important to note that not all items are eligible for tax exemptions during this event. For example, sporting equipment and protective gear are not included. Be sure to check the full list of eligible items ahead of time to make sure you’re not disappointed at checkout.
To take full advantage of the tax-free weekend, plan ahead and make a list of the items you need. You can also reach out to your favorite stores and check their websites for special promotions or coupons that could stack with the tax exemption for even bigger savings.
Don’t Miss Out on Savings: Mark Your Calendar for Arkansas’ Tax Free Weekend
As with any sale, it’s important to plan ahead and mark your calendar with the event dates. Forgetting to participate in the tax-free weekend could mean missing out on significant savings. You can also prepare by creating a budget for the weekend and making a list of the items you need. By planning ahead, you can take advantage of the tax exemption without overspending or impulse buying.
A Shopper’s Guide to Arkansas’ Tax Free Weekend: Everything You Need to Know
If you’re new to tax-free weekends or just want a refresher on the details, this section is for you. Arkansas’ tax-free weekend applies to many items commonly purchased for back-to-school season, including:
- Clothing and footwear, including coats, jackets, hats, and accessories
- School supplies, such as pencils, pens, paper, binders, and folders
- Art supplies, such as paints, clay, and drawing pads
- Instructional materials, such as textbooks and workbooks
It’s important to note that the tax-free exemption only applies to individual items under $100. For example, if you purchase a pair of shoes for $110, you will still be charged tax on the additional $10. Additionally, items sold as a set will only be tax-free if the individual items are under $100. This means that a $150 backpack and lunchbox set would not be eligible for the tax exemption, even if both items are under $100 individually.
While the tax-free weekend is a great opportunity to save money, it’s important to be aware of any rules or regulations that may apply. For example, layaway items are only eligible for the tax exemption if the final payment is made during the tax-free weekend. This means you can’t simply put a down payment on an item and pay the remainder later to receive the tax exemption.
Maximizing Your Savings During Arkansas’ Tax Free Weekend: Tips and Tricks
Now that you know what items are eligible and what to watch out for, let’s dive into some specific strategies for saving money during the tax-free weekend.
- Start shopping early – don’t wait until the last minute to avoid crowds, and to ensure that items you want are still in stock.
- Use coupons and store promotions – just because an item is tax-free doesn’t mean you can’t use other discounts or offers as well. Look for coupons and special deals to stack with the tax exemption for even bigger savings.
- Shop online – if you don’t want to brave the crowds, you can still take advantage of the tax exemption by shopping online. Just be sure to make your purchases during the tax-free weekend to avoid paying taxes.
- Make a budget and stick to it – plan ahead and create a budget for your shopping trip. Having a clear spending plan will help you stay on track and avoid overspending or impulse buying.
- Shop around – don’t be afraid to compare prices and visit multiple stores to find the best deals. Just because one store is offering the tax exemption doesn’t mean they have the best prices overall.
By following these tips and tricks, you can stretch your dollars even further and save big during the tax-free weekend.
Why You Should Keep an Eye Out for Arkansas’ Tax Free Weekend
If you’re still on the fence about participating in the tax-free weekend, consider the impact it can have on your life and your community. By saving money on items like school supplies and clothing, you can stretch your budget further and make your hard-earned dollars go farther. Additionally, the tax-free weekend can stimulate the local economy and generate revenue for businesses in your area. By participating in the event, you’re not only saving money, but you’re supporting your community as well.
Arkansas’ Tax Free Weekend: What You Can and Can’t Buy
To avoid any confusion or disappointment at checkout, it’s important to know exactly what items are eligible for the tax exemption. Here’s a list of items that will be tax-free during Arkansas’ tax-free weekend:
- Clothing, footwear, and accessories under $100 per item
- School supplies
- Art supplies
- Instructional materials, such as textbooks and workbooks
Items that are not eligible for the tax exemption include:
- Sporting equipment and protective gear
- Electronic devices, such as computers and cell phones
- Tools and equipment
- Jewelry and watches
If you’re unsure about whether an item is eligible or not, be sure to ask a store associate for clarification before making your purchase.
An Overview of Arkansas’ Tax Free Weekend: History and Impact on Shoppers
Arkansas’ tax-free weekend has been around since 2011 and has continued to be an annual event ever since. Over the years, the eligible items have changed slightly, but the purpose of the event remains the same – to help shoppers save money on back-to-school essentials and other qualifying items.
The impact of the tax-free weekend on shoppers and the local economy can be significant. By encouraging people to shop locally and supporting businesses in the community, the event can generate revenue and boost economic growth. Additionally, the tax exemption can help families stretch their budgets further and provide much-needed relief during a busy and expensive time of year.
Conclusion
By now, you should have a clear understanding of when Arkansas’ tax-free weekend is, what items are eligible for tax exemption, and how you can save big during this event. Remember to plan ahead, mark your calendar, and create a budget to make the most of your shopping experience. With the right strategy, you can take advantage of the tax exemption and get everything you need for the upcoming school year or beyond.
By participating in the tax-free weekend, you’re not only saving money, but you’re also supporting your community and boosting the local economy. So, whether you’re a seasoned tax-free weekend pro or a first-time participant, use these tips and tricks to make the most of this exciting event.
