Tax free weekend is here again (August 21-23), and for 2009 the list of tax free items has again been updated (see below). So, stores will be stacked with items on sale, malls will be madhouses with people trying to save, and those without a great need to shop will be staying as far away as possible.

The basic rule of thumb is that the law exempts clothing and footwear priced under $100. However, there are exceptions and most accessories don't qualify. Also, for 2009, school supplies have been added to the list of items that are tax free. The tax savings themselves aren't THAT great... about $8 for every $100 you spend. And since most people wouldn't exactly rush to a store advertising just 8% off some items, many retailers combine some of their larger sales with this tax free weekend. This makes the tax free savings an even bigger bonus on top of already discounted prices. Retailers count on moving a high volume of merchandise, and selling both tax free and taxed items, while shoppers are in a frenzy this weekend.

From Collin Creek, to Willow Bend and Stonebriar malls, expect large crowds. The Allen Premium Outlets are traditionally packed as well. The new malls (Waters Creek at Bethany and 75, and The Village at Stacey and 75) should see a ton of traffic too. Even Walmart and Target stores are typically packed. The good news is that there's just no shortage of shopping in Collin County. Know this though: those out for the best savings and selections will be out in droves early. Personally, I'll be avoiding the malls and retail stores all weekend. Not that I don't like saving money, but I'm not a big fan of shopping and I don't really like crowded stores/malls. For those who compare shopping to hunting though, and see great savings as a big kill, this weekend is big-game heaven and peak shopping season. To see the complete list of tax free/taxable items, go here: http://www.window.state.tx.us/taxinfo/taxpubs/tx98_490/tx98_490.html
Happy hunting/super shopping!

Ryan Cave, The "Caveman"
Truth, Honor & Personal Integrity
214-789-9366
www.CaveRealty.com