Memorial Day has become the unofficial
start of summer as it is packed with BBQs, trips to the local pool, camping and
boating, but in Texas it is also a sales tax holiday.
We are accustomed to sales tax
holidays as a way to bring shoppers out near the start of school, but Texas is
holding its fifth annual Energy
Star Sales Tax Holiday this Memorial Day Weekend.
Texans are encouraged to purchase
energy-efficient appliance without paying state or local sales taxes on the
Energy Star models have claim to cut
energy usage in half so buyers will not only save on taxes, but also on utility
This is truly a great benefit to the
consumer, but I find it interesting from a tax standpoint and wonder what the
motive is for the government entity. Is
it a way to give back to the business owner and to drive sales for a certain
Do you own an Energy Star model and
have you found it to be a useful way to spend your money?
Remember, if you do head out this
weekend, stay safe and have fun! Also,
if you need to plan for your taxes, we work year round and would be more than
happy to meet with you!
Disclaimer: Every effort has been taken to provide the most accurate and honest analysis of the tax information provided in this blog. Please use your discretion before making any decisions based on the information provided. This blog is not intended to be a substitute for seeking professional tax advice based on your individual needs.