Get Savings On Tax Free Purchases
Today on 'Mornings With Nathan and Bernie' Department of Revenue spokesperson Byron Henderson discussed the upcoming 'tax free weekend'. On the first consecutive Friday and Saturday in August of each year the Louisiana Department of Revenue provides tax savings for Louisianan's. This Friday August 1st and Saturday August 2nd you will save 4 percent on 'back to school' purchases as well as just about any qualifying retail purchase.
According to Department of Revenue spokesperson Byron Henderson the 4 percent savings applies to the first $2,500 of any retail purchase. In addition Henderson says you get get a tax deduction for private school tuition and home-schooling expenses. To claim these deductions you must be able to claim the student as a dependent and you must be able to document your purchases so keep your receipts.
To get more information you can click the blue arrow below to hear the interview in it's entirety.