The Mississippi Legislature has sent Governor Reeves the largest tax cut in state history. The bill would trim the state income tax to a single four per cent bracket over a four-year period. Mississippi currently has tax brackets of four and five per cent. ... Read More.
Employment in Mississippi decreased during the first months of the coronavirus pandemic in 2020.But, an expert says personal income in the state increased during that time because of federal payments that were intended to head off a steep decline in the national economy.State economist... Read More.
The Treasury Department launched a new web tool allowing quick registration for Economic Impact Payments for eligible individuals who do not normally file a tax return, and also announced that it would begin making automatic payments. However, for some people receiving benefits from the... Read More.
Mississippi's state auditor could get a look at tax returns to verify the income of people enrolled in public assistance programs. The state Senate passed a bill Tuesday to allow that process. Supporters said it will help ensure that people... Read More.