The actual expenditure totals for the city fiscal year ending September 30, 2026, should be submitted by November 16, 2026. The Department will use these expenditure totals to calculate the city’s January and July 2027 payments
>> Read the full notice HERE
Withholding on gaming winnings at Mississippi gaming establishments is collected at the rate of three percent (3%). Effective January 1, 2026, the amount subject to withholding is increasing to $2,000 on gaming winnings from horse racing, dog racing, jai alai, lotteries, keno, bingo, slot machines, sweepstakes, wagering pools, and poker tournaments, etc.
>> Read the full notice HERE
Senate Bill 3401, as passed during the 2026 Regular Session of the Mississippi Legislature, authorized a special tax to be levied on businesses located in the corporate limits of the City of Ackerman, Mississippi.
>> Read more here: Ackerman Tourism and Parks and Recreation Tax
Qualified employers are able to receive an income tax credit for offering an Individual Coverage Health Insurance Reimbursement (ICHRA) in lieu of a traditional employer-provided health insurance plan.
Mississippi will follow federal extensions granted to victims of Tropical Storm Arthur that took place on June 18, 2026. Taxpayers who reside or have a business in Covington, George, Greene, Hancock, Harrison, Pearl River, Stone, and Wayne counties have until February 1, 2027, to file individual income tax returns, corporate income and franchise tax returns, pass-through entity tax returns and quarterly estimated payments that were originally due during this period.
Mississippi will follow federal extensions granted to victims of severe storms, straight-line winds, tornadoes, and flooding that took place on May 6, 2026. Taxpayers who reside or have a business in Franklin, Lamar, Lawrence, Lincoln, and Wilkinson counties have until November 2, 2026, to file individual income tax returns, corporate income and franchise tax returns, pass-through entity tax returns and quarterly estimated payments that were originally due during this period.
The 2026 Second Amendment Sales Tax Holiday is Friday, August 28 to Sunday, August 30. During this timeframe sales tax will not apply on the sale of firearms, ammunition and certain hunting supplies as outlined in the Official Guide.
>> View the Official Guide HERE
There is a non-settling manufacturer (NSM) fee rate increase on returns filed for the July 2026 filing period forward.
>> Read more here: NSM Fee Rate Increase
Any person authorized to execute the sale or disposal of an abandoned vehicle shall notify, by certified mail, by using a third-party vendor that meets the requirements of the department, within (7) days of receipt of such vehicle instead of ten (10) days.
>> Read more here: Notice - MVS Abandonment Changes July 1 2026
The Sales Tax Holiday, often referred to as Tax Free Weekend, will start 12:01 a.m. Friday, July 10, 2026, and go through midnight Sunday, July 12, 2026. This means that sales tax is not due on eligible clothing, footwear or school supplies if the sales price of a single item is less than $100.
Read More Here