Don't forget: Tax-free weekend in Arkansas

Why it matters: Just in time for back-to-school inflation, the holiday aims to offset hot inflation, which remains a huge challenge, with price shocks not seen since the 1980s that are squeezing consumers and souring their view of the economy.

Details: Tax won't be charged statewide on any item falling into categories including:

• Clothing less than $100 per item.
• Accessories less than $50 per item (including cosmetics, jewelry or sunglasses).
• Electronics commonly used by students for study (computers, cell phones, printers).
• School art supplies and instructional materials.

Yes, but: Several items under safety, sporting or sewing equipment are taxable.

The bottom line: Check out the official list of what gets taxed — and what doesn’t — before heading out to shop.