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IF #3160003494 Ribbons and Labels Issue Date: 3/19/2020Closing Location Mississippi Department of Revenue 500 Clinton Center Drive Clinton, MS 39056BID Coordinator Erica Greenwood, SR. Contract Analyst Telephone:
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The IFB - Mississippi Department is typically needed by individuals or organizations who wish to participate in the procurement process with the Mississippi Department. This may include contractors, vendors, suppliers, and other entities interested in providing goods or services to the department.
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IFB stands for Income Franchise Business, which is a form used by the Mississippi Department of Revenue for businesses to report income and calculate taxes owed.
All businesses operating in Mississippi that generate income must file the IFB with the Mississippi Department of Revenue.
To fill out the IFB, businesses must provide information regarding their income, deductions, and any relevant tax credits, following the guidelines set forth by the Mississippi Department of Revenue.
The purpose of the IFB is to ensure that businesses report their income accurately and pay the appropriate taxes to the state of Mississippi.
The IFB requires reporting of total income, business expenses, and any tax credits or deductions applicable to the business.
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