New Mexico's tax-free weekend is July 25-27, with some businesses, like Sport Systems, offering tax exemptions on all items in the store.
Texas' tax-free weekend is August 8-10, focusing on clothing, backpacks, and school supplies under $100.
Economists suggest shopping early to avoid potential price increases due to inflation.
Families can save hundreds of dollars on essential back-to-school items during these events.
Why this matters: These tax-free weekends provide crucial financial relief for families preparing for the school year. Taking advantage of these opportunities can significantly reduce the financial burden of back-to-school shopping.
New Mexico's tax-free weekend includes clothing, shoes (under $100), computers/tablets (under $1,000), and standard school supplies. Sport Systems in Albuquerque is going a step further by offering tax-free shopping on all items in their store.
In Texas, the sales tax holiday focuses on clothing, backpacks, and school supplies, all priced under $100. This includes in-store and online purchases from Texas retailers.
Rising inflation costs and potential tariffs make early shopping beneficial. Families with grade-school students are expected to spend an average of $858 on clothing and school supplies, making tax-free weekends a critical opportunity to save money.
Q: When is the tax-free weekend in New Mexico?
July 25-27.
Q: When is the tax-free weekend in Texas?
August 8-10.
Q: What items qualify in Texas?
Clothing, backpacks, and school supplies under $100.
Q: Where can I find a list of qualifying items?
See the links in the In-Depth Analysis section.
Plan your shopping in advance to maximize savings during the tax-free weekends.
Check the specific qualifying items for each state to ensure your purchases are eligible.
Consider shopping early to avoid potential price increases.
Explore local businesses like Sport Systems in New Mexico for additional savings opportunities.
Do you think tax-free weekends provide enough relief for families? Share your thoughts in the comments!
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