Missouri and Illinois Launch Back-to-School Sales Tax Holidays, Offering Savings on School Supplies
Missouri and Illinois have initiated their annual back-to-school sales tax holidays, providing consumers with opportunities to save on school-related purchases. Missouri's tax holiday runs from August 7-9, offering full exemption from state and local sales taxes on qualifying items such as clothing, school supplies, and certain electronics. Notably, Missouri's tax holiday includes clothing items up to $100, personal computers up to $1,500, and various school supplies. In contrast, Illinois offers a reduced state sales tax rate from 6.25% to 1.25% from August 7-16, though local taxes still apply. Illinois' tax holiday covers clothing items under $125 and school supplies, but excludes computers and related accessories.