Mississippi Business Considerations · Small Business Addendum
Mississippi is in the process of phasing out its personal income tax on earned income over a multi-year timeline, making this an evolving situation for business owners. Mississippi also has a corporate franchise tax separate from the income tax. This addendum covers the income tax phase-out timeline, corporate income and franchise tax, sales and use tax, annual report filing, business license requirements, registered agent obligations, and unemployment insurance. Written in plain English.
A companion to The Small Business Owner's Guide to Clean Books by Tidecount Financial Services.