How Do I Get a Mississippi Sales Tax ID?

How to Get a Mississippi Sales Tax ID Register with the Mississippi Department of Revenue Apply online, by mail, or in person Receive a sales tax number upon registration Tax ID Requirements in Mississippi Federal tax ID (EIN) and a Mississippi state tax ID needed EIN for federal tax purposes State tax ID for Mississippi … Read more

Do Family Businesses Need Professional Management?

Importance of Professionalism in Family-Owned Business Professionalizing family business management is an evolutionary process, vital for long-term survival and success. Here are key aspects to consider: Examining Stereotypes and Power Dynamics: Understanding and addressing the perceptions between founders/owners and professional managers is crucial. Decentralization and Empowerment: Delegating operational tasks to managers and empowering them leads … Read more

Why Do You Need a Business License?

Understanding Business Licensing A business license is an official document allowing a business to operate legally. Business licenses ensure compliance with laws and regulations. They enable opening business bank accounts, obtaining loans, and seeking grants. Most businesses need licenses before starting operations. Requirements for business licenses vary by location and industry. Local licenses allow businesses … Read more

Can I Name My Business as a Sole Proprietor?

Operating as a Sole Proprietorship A sole proprietorship takes the owner’s legal name by default. However, most states allow operating under a different "doing business as" (DBA) name. To do so requires registering the DBA name, usually with the Secretary of State. Registering a DBA name keeps personal identity separate from the business. Taxation and … Read more

Where Is My Montana State Tax Refund?

Tracking Montana Tax Refund To track your Montana tax refund, use the "Where’s My Refund?" online search tool on the Montana website. Your Montana refund status will be available after one week for e-filers and 12 weeks for paper filers. You will need to input your Social Security Number, the tax year, and your expected … Read more