Tax Holiday

Don’t forget that this Saturday, August 14th, is going to be a tax holiday here in Taxachusetts. You can spend up to $2500 (under certain restrictions, such as not being a business).

This isn’t as big a deal as it sounds. Food (outside of restaurants) and clothing (priced under $175) aren’t taxable in Massachusetts. Since back-to-school shopping is mainly a clothing thing, the mobs at the mall this Saturday won’t be saving much. On the bright side, the Apple Stores in Cambridge and Chestnut Hill and at the Northshore Mall will be open 24 hours for the holiday.

Saturday is a good day to buy a Mac. Just don’t try to write it off as a business expense afterwards.

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