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Income Tax Cut Headed For Governor

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.
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Hosemann Wants State Gas Tax Suspended

A small part of what we’re paying for gas is the state fuel tax of 18.4 cents per gallon.  And Lt. Governor Delbert Hosemann says that’s a tax we could do without—for six months.   He’s proposing suspending the tax as Mississippi and the rest... Read More.
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Senate Approves Tax Cut Plan

Some senators argued it was too much while some said it didn't go far enough.  But the vote Wednesday was 40 to 11 to pass a plan to cut taxes in Mississippi.  The bill would phase out the four per cent income tax bracket... Read More.
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Reeves Likes “Pieces” Of The Two Tax Plans

Governor Reeves is making it clear he favors elimination of the state income tax.   But he's not ready to fully support the House plan which would phase out the income tax because it also includes tax increases.   Reeves says there are "pieces" of the... Read More.
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The Tax Free Weekend Has Started

The Tax Free Weekend has started. According to the Mississippi Department of Revenue this sales tax holiday is from 12:01am today, Friday July 30th, and runs till midnight on July 31st.  Any clothing item or shoes under $100. is tax free as are school... Read More.
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IRS Tax Deadline Extended

The IRS will delay the traditional April 15 tax filing due date until May 17 to cope with added duties and provide Americans more flexibility, according to a House committee. The IRS and Treasury did not immediately respond to a request for comment Wednesday.... Read More.
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