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

Obtaining a Tax ID Number (EIN)

When starting a business in Vicksburg 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 Vicksburg 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

• Bovina, MS
• Letourneau, MS
• Delta, LA
• Vburg, MS
• Carpenter, MS
• Hermanville, MS
• Edwards, MS
• Grand Gulf, MS
• Port Gibson, MS
• Redwood, MS
• Richmond, LA
• Quimby, LA
• Ashley, LA
• Mound, LA
• Englewood, LA
• Tallulah, LA
• Thomastown, LA
• Utica, MS
• Utica Junior College, MS
• Cayuga, MS
• Hinds Junior College, MS
• Newellton, LA
• Newlight, LA
• Notnac, LA
• Balmoral, LA
• Lake Bruin, LA
• Flowers Landing, LA
• Somerset, LA
• Tensas Bluff, LA
• Westwood, LA
• Valley Park, MS
• Learned, MS
• Raymond, MS
• Bolton, MS
• Pattison, MS
• Omega, LA
• Talla Bena, LA
• Roosevelt, LA
• Sanbeimer, LA
• Sondheimer, LA
• Satartia, MS
• Lorman, MS
• Alcorn State University, MS
• Mayflower, LA
• Locust Ridge, LA
• Saint Joseph, LA
• Saranac, LA
• St Joseph, LA