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The Department of Revenue has created a new way for taxpayers to submit Voluntary Disclosure Agreements (VDA). Taxpayers who wish to enter the VDA program can now email their request to vdaprogram@dor.ms.gov.

Voluntary disclosure is the process of reporting previously unpaid tax liabilities. Our program is designed to promote compliance and to benefit taxpayers who discover a past filing obligation and liability that have not been discharged. This program is not designed for taxpayers who have engaged in income shifting tax strategies, tax shelter activities, fraud, or negligence.  The Department offers the VDA Program as a service to the taxpayer.  

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MCCOMB, Miss. – On September 16, 2024, Lashotta Smothers, 40, of McComb, was indicted by a Pike County Grand Jury on charges of fraudulent statements and representations (MS Code 97-7-10) and Computer Fraud (MS Code 97-45-3) for fraudulent tax returns she filed for tax years 2021-2023.

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The Department of Revenue will require all Withholding taxpayers filing Wage or Withholding Informational Returns with 10 or more W-2s or 1099s to file electronically for tax years beginning on or after January 1, 2024 and all subsequent tax years.

Failure to file returns electronically may subject taxpayers and/or tax preparers to a penalty of twenty-five dollars ($25.00) for the first instance of noncompliance and five hundred dollars ($500.00) for each additional instance of noncompliance. This authority is granted to the Department of Revenue under Miss Code Ann Section 27-3-83 and Title 35, Part 1, Chapter 4 of the Mississippi Administrative Practices and Procedures Code.

W2-1099 Mandate

On August 26, 2024, 69-year-old Ray A. Sims, Jr. of Hattiesburg entered a plea of guilty on two counts of tax evasion (Mississippi Code 27-3-79) before Lamar County Circuit Judge Brad Touchstone.

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On August 13, 2024, Jared Frank Cannon, 46, of Ocean Springs, MS, was indicted by a Jackson County Grand Jury on charges of tax evasion (MS Code 27-3-79) for tax years 2017-2022.

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The Department of Revenue is accepting applications for the 2024 Summer Internship Program. Applications and supporting documents should be submitted by Monday, April 1, 2024. 

Check out the DOR Internship requirements and opportunities by clicking here. You may also view the testimonial video of former interns' experiences. 

Updated Electing Pass-Through Entity FAQs

House Bill 1733 of the 2023 Legislative Session was signed into law on March 27, 2023. This bill amended Miss. Code Ann. Section 27-7-17 to revise the methods of depreciation that may be used for certain expenditures and property for state income tax purposes. This bill is effective from and after January 1, 2023.

Depreciation Notice

House Bill 1668 of the 2023 Legislative Session was signed into law on March 27, 2023. This bill amended Miss. Code Ann. Section 27-7-26 by revising the method by which a partnership, S corporation or other similar pass-through entity may elect to become an “electing pass-through entity” for state income tax purposes, and provided that any additional income tax credits generated by the electing pass-through entity shall be passed through to the owners on a pro rata basis and that any excess credit may be carried forward as an overpayment or refunded. Limitations applicable to credits generated by the electing pass-through entity shall apply at the owner, member, partner or shareholder level. This bill is effective from and after January 1, 2023 and applies to any income tax return with an original due date on or after January 1, 2023.

Notice 80-23-002: Updated Guidance on Pass-Through Entity Election

Electing Pass-Through Entity FAQs

2022 Electing Pass-Through Entity Summary of Form Changes

The Mississippi Second Amendment Weekend holiday takes place between 12:01 a.m. Friday, August 25, 2023 and 12:00 midnight Sunday, August 27, 2023. 

Official Guide to the 2nd Amendment Sales Tax Holiday