Romeoville, IL (PRWEB) May 15, 2006 -
There’s no doubt about it. Tax breaks are always a good thing, especially when they protect families from disaster.
The State of Florida recently approved its second Sales Tax Holiday on emergency supplies.
Beginning 12:01 a.m. Sunday, May 21, 2006 and ending at midnight, June 1, 2006, Florida residents can purchase emergency preparedness items, including portable generators, without paying state sales tax.
“The concept is great as long as you read the fine print first,” says Jon Hoch, founder of ElectricGeneratorsDirect.com, an online generator superstore. (http://www.electricgeneratorsdirect.com)
According to Hoch, the new law applies to “portable generators selling for $1,000 or less,” which is ideal for families looking to purchase a small portable generator for a relatively small home.
Here’s the Catch:
According to the fine print, “If the sales price of a qualifying item exceeds the allowable threshold amount, this tax exemption will not apply and the total purchase price is subject to tax.”
“In layman terms, if you buy a portable generator for exactly a grand, you don’t pay sales tax. However, if you buy one for just a penny more, you pay all of the sales tax,” warns Hoch.
ElectricGeneratorsDirect.com offers 126 different generator models. Only 38 models (or 30%) of the available generators qualify for the tax rebate. (http://www.electricgeneratorsdirect.com/catalog/shopbyprice.php)
Larger portable generators, ranging from 6,000 to 15,000 watts, do not qualify. Not a single home standby generator qualifies.
So even if you purchase a home standby generator for $2,000, don’t expect to pay only half the sales tax. You will be responsible for paying the entire tax bill if you buy it locally, says Hoch.
Here’s an Inside Tip:
Local retailers are stockpiling small portable generators, preparing for the upcoming holiday.
Today, shelves are fully stocked because everyone is waiting for the sales tax holiday to start.
“Once it starts, generators will be flying off shelves as quickly as Miami Heat playoff tickets. If you don’t act quickly, there is a good chance that retailers could run out of stock before it expires,” says Hoch.
The mad rush is a game of musical chairs that most residents simply don’t want to play. So how do you get the incentive without the wait?
Easy, says Hoch. ElectricGeneratorsDirect.com offers a tax-free guarantee every day. The online generator superstore never charges sales tax on any order at any time.
“If you purchased a small portable generator or a large standby generator online before the tax holiday, you simply won’t pay sales tax,” says Hoch.
“The tax isn’t the issue if you buy online. Just make sure that you get a good one before they’re gone,” warns Hoch.
ElectricGeneratorsDirect.com is an online generator superstore owned and operated by Power Equipment Direct, Inc. (http://www.powerequipmentdirect.com)
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