And then there were two

August 23, 2006

The 2006 sales tax holiday season is winding down.

Maryland_sales_tax_holiday_logo
The last two late-summer events are now under way in Connecticut and Maryland. Washington, D.C., has one more after Thanksgiving, then that
closes this year’s tax holiday books.

But for the next few days, careful shoppers in Connecticut and Maryland can save some money.

Connecticut’s sales-tax holiday began Sunday and shoppers there have
through Saturday, Aug. 26., to buy tax-free clothes and shoes. The main
caveat: To avoid the Nutmeg State’s 6% sales levy, each item bought in the
next four days must cost less than $300. Get the complete guidelines here.

Starting today, Maryland shoppers can escape the 5% sales tax on
clothing and footwear priced at $100 or less. The tax-free holiday in
the Old Line state lasts through Sunday, Aug. 27. The full list of
tax-exempt items can be found
here.

Happy tax bargain shopping!

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Those procrastinating filers aren’t a problem. In fact, the IRS appreciates taxpayers who take time to fill out their 1040 forms correctly. It also is grateful that tax submissions are spread out a bit, especially now that the IRS is a leaner agency. Processing returns is easier when they arrive throughout the year instead of in massive bunches.

But enough about Uncle Sam’s tax collection issues. The focus now is on all y’all who filed for extensions, giving you another six months to complete your return. Since your new mid-October due date will be here before you know it, let’s get started now on meeting it.

The ol’ blog is here to help you finish up your extended Form 1040. You can start with January’s tax tips page, which has links to the rest of the year’s tips by-month collections. You also can peruse various tax categories for more tailored advice by clicking on the More Tax Posts drop-down menu at the top of this (and every) page.

And to make sure you don’t miss your new filing deadline, the count-down clock below will let you know just how much time you to file by Oct. 15. At the latest.e. (Note: I’m in the Central Time Zone, so adjust accordingly for where you live.)

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