How to Get a Tax ID (EIN) in Natchez MS

Obtaining a Tax ID Number (EIN)

When starting a business in Natchez MS, serving as the administrator or executor of an estate, creator of a Trust or operating a Non Profit Organization obtaining a Tax ID (EIN) is a key responsibility. A Tax ID also known as an Employer ID Number (EIN) is a unique nine digit number that identifies your business or entity with the IRS for tax purposes, essentially like a Social Security Number for the entity. A Tax ID (EIN) is used for opening a business bank account, filing business tax returns and in many cases is required when applying for business licenses. In most cases it is helpful to apply for a Tax ID (EIN) as soon as your start planning a business to ensure that there are no delays in obtaining the correct licenses, financing and opening a business bank account that would be needed to operate.

Information to Consider Prior to Applying
Before applying for your Tax ID (EIN) you may want to consider a few things before starting the application including:

• Determine which structure your business or organization will operate as
• Determine the individual or organization that will serve as the responsible party
• Determine the physical address the business/entity will use – A physical address is required for all Tax ID (EIN)’s and a separate mailing address can be specified

Definition of Entities

• Sole Proprietor – An individual who owns a company that is not incorporated or registered with the state as a limited liability company (LLC).
• Limited Liability Company (LLC) – A LLC is a structure formed by filing articles of organization which allows members limited liability protection and pass through taxation.
• Corporation – A person or group of people who establish a legal entity by filing articles of incorporation with the state’s secretary of state.
• Estate of Deceased – An estate (or decedent estate) or succession is a legal entity created as a result of a person’s death.
• Trusts – All types of trusts including conservatorships, custodianships, guardianships, irrevocable trusts, revocable trusts, and receiverships.
• Partnership – An unincorporated organization in which two or more individuals share the profits and liabilities of a business venture.
• Church – For tax purposes, a “church” refers to any organization claiming to be a church including temples, mosques, and other houses of worship.
• Non-Profit Organization – Includes public charities, educational organizations, PTA/PTO Organizations, Community Sports Teams, Homeowners/Condo Associates, etc.

Mississippi State Tax ID

Outside of obtaining your Federal Tax ID (EIN) in Natchez MS you will also likely need a Mississippi State Tax ID. This ID is needed to pay business taxes, state income tax and/or sales tax on items you sell. Generally the State Tax ID is used for the follow:

• Sales and Use Tax
• Employee Income Tax Witholding
• Sales Tax Exemption Permits
• Excise Taxes for items like Alcohol, Tobacco, Firearms, Oil & Gas, heavy machinery, etc.

For specific detail refer to the Mississippi State Website at https://tap.dor.ms.gov/_/

Cities in Mississippi

• Church Hill, MS
• Washington, MS
• Sibley, MS
• Shaw, LA
• St Genevieve, LA
• Taconey, LA
• Fairview, LA
• Lucerne, LA
• Morville, LA
• Green Acres, LA
• Vidalia, LA
• Deer Park, LA
• Hammet, LA
• Black Hawk, LA
• Bougere, LA
• Oldenburg, MS
• Roxie, MS
• Hamburg, MS
• Cranfield, MS
• Garden City, MS
• Kirby, MS
• Knoxville, MS
• Leesdale, MS
• White Apple, MS
• Azucena, LA
• Montecello, LA
• Helena, LA
• Highland, LA
• Waterproof, LA
• Goldman, LA
• Consuella, LA
• Cooters Point, LA
• Concordia Lake, LA
• Panola, LA
• Delta Garden, LA
• Doty Garden, LA
• Dunbarton, LA
• Spokane, LA
• Ferriday, LA
• Frogmore, LA
• Minorca, LA
• Ridgecrest, LA
• Lake Saint John, LA
• Levee Heights, LA
• Levens Addition, LA
• Turtle Lake, LA
• Alcorn State University, MS
• Lorman, MS