Certified Public Accountants 

Call Us:  440-926-9300

A Firm that Cares About its Clients.  Large Enough to Know, Small Enough to Care...

Ohio Prepares for Sales Tax Holiday

Residents of the Buckeye State will enjoy a sales tax holiday in early August. The holiday starts on Friday, Aug. 7 at 12:01 a.m. and ends on Sunday, Aug. 9 at 11:59 p.m. Senate Bill 243 enacted a one-time sales tax holiday to occur only in 2015. The holiday starts on Friday, Aug. 7 at 12:01 a.m. and ends on Sunday, Aug. 9 at 11:59 p.m.
During the holiday, the following items are exempt from sales and use tax:
  
  • An item of clothing priced at $75 or less
  • An item of school supplies priced at $20 or less
  • An item of school instructional material priced at $20 or less

Items used in a trade or business are not exempt under the sales tax holiday.
The Ohio Department of Taxation has posted Sales Tax Holiday Frequently Asked Questions on its website.  For any additional questions, please contact Elek & Noss CPAs at 440-926-9300.

Industries We Serve