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Mississippi Top Credits & Incentives

Mississippi Top Credits & Incentives

New or expanding businesses in Mississippi can take advantage of the state’s income tax incentives. The Mississippi Jobs Tax Credit and the Manufacturing Investment Tax Credit are among the top programs offered in this state.

 

Jobs Tax Credit

Businesses must create and maintain 10-20 net new jobs as required based on the development ranking of the county (Tier 1-3).  Value is 2.5%, 5% or 10% of payroll expenses

 

Manufacturing Investment Tax Credit

The credit is calculated as 5 percent of the eligible project investment and is allowed for the year that the investment occurs.  The tax credit allowed on any project cannot exceed $1,000,000.

 

Also, See

 

Employee Retention Tax Credit (ERTC) Service

How do you claim the ERC?

Federal Employee Retention Credit (ERC) – Gross Receipts

Database of COVID National, State and Local Shutdown Orders

 

Other State Credits and Incentives

Georgia Top Credits & Incentives

Georgia Retraining Tax Credit

Georgia Job Tax Credit

Georgia Quality Jobs Tax Credit

Georgia Investment Tax Credit

Georgia Port Bonus Tax Credit

Tennessee Top Credits & Incentives

Standard, Enhanced, Super Job Tax Credits

Industrial Machinery Tax Credit

South Carolina Top Credits & Incentives

 

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