IRS & MS STATE NEWS
IRS Urges Taxpayers to Review Withholdings
Taxpayers can avoid withholding too much or too little of their federal taxes in 2018 by using the IRS Withholding Calculator.
Summer Tax Tips
On July 3rd, the IRS began the seventh year of its Summertime Tax Tip program.
Mississippi Sales Tax Holiday
The Mississippi Department of Revenue released its official guide to the Sales Tax Holiday which will take place between 12:01 AM Friday, July 28, 2017, and Midnight Saturday, July 29.
IRS Impersonators Scamming Taxpayers Post- Tax Season
A new phone scam involving bogus certified letters and threats of arrest is being used to dupe taxpayers across the country this summer. For more information about the tell-tale signs of a scam and how to recognize genuine methods of communication by the IRS, please...
New and Growing Businesses May Benefit from MS Jobs Tax Credit
Mississippi businesses that have hired 10 or more new employees in the past year may be eligible for tax credits of up to 10% with the little known Jobs Tax Credit. Interested employers must undergo an application process to be considered. For more information, please...
IRS releases Statistics of Income Bulletin for Spring 2017
Each quarter, the IRS’ Statistics of Income Division provides the Statistics of Income Bulletin summarizing the most recent data provided by taxpayers through their returns and financial documents.
IRS Offers Tips to Taxpayers Preparing for Hurricane Season
June 1st marks the beginning of another hurricane season. In response, the IRS has provided taxpayers with suggestions for how to prepare for these types of storms as well as other inclement weather such as tornadoes and flooding.