April 2, 2011

Tax Relief...who knew?

Beginning April 1, 2011, we won't pay state sales tax on clothing and shoes that cost $55 or less, for the next year. No fooling!

The State of New York will once again exempt its share of sales tax (4%) on clothing and shoes. This exemption will apply to items under $55 in value until April 1, 2012, when it will apply to clothing and shoes under $110.

A majority of lawmakers lifted the clothing tax exemption last fall to help close the state's budget gap.

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