Why you Need to Get Your State Tax ID Numbers in Time

January 8, 2016 Leena Thampan

It would be great if the only thing you had to do to register your business with the government was to get your Federal Employer Identification Number (FEIN) and be done with it.

However, to be a payroll-compliant small business, you also need to apply for your State Withholding Identification number as well as your State Unemployment Identification number, both of which helps the state and local tax agencies ensure that your tax filings and deposits are going to the right account.

In my guest post for NextGenJustice, you can get all the details on who should apply, the obvious and not-so obvious benefits of applying for your State-specific Tax IDs in time. Read the full post here: Why you should apply for a State Tax ID sooner rather than later.

NextGenJustice is a U.S. based tribe of Legal Solutions Managers who provide fast, legal relief for startups and small business owners in the U.S. Check out the Wagepoint marketplace to get access to the NextGenJustice Startup Starter kit, exclusively priced at $199 for the Wagepoint community.

About the Author

Leena worked for some of the big guns in the media industry before deciding her true calling was to be the ultimate curator of our brand - this is our version of the story, of course. She spends her days cooking culinary masterpieces from all over the world. And if you are not really careful, she might just offer it to you.
Follow on Twitter More Content by Leena Thampan

Why You Should Treat Apps as Billable Resources

Could apps be potential billable resources? It's common for software to be considered a direct expense for ...

The Four Ways That Direct Deposit Benefits Your Business

Direct deposit has a number of benefits for both businesses and employees, and in this post, we highlight t...

Return to Home

Welcome to the Wagepoint Blog!

Why you Need to Get Your State Tax ID Numbers in Time

About the Author

Previous Article

Next Article

Why you Need to Get Your State Tax ID Numbers in Time

About the Author

Previous Article

Next Article

Most Recent Articles

Not every small business needs complex features for their timekeeping. Get to know Wagepoint's tool, Track, and get access to the live demo from our webinar.

Saving time and money is as simple as tracking time and money. Learn about the relationship between timekeeping and payroll, and how online tools can help your bottom line — all in our webinar recap.

Are all taxes the same? Definitely not. When it comes to payroll taxes and income taxes in the US, it's crucial to know the difference — and how they relate to each other.

If the CRA sends you a payroll notice of assessment, don’t panic. Run through our top seven reasons for receiving a notice — and how to fix them.

That trade show you've been planning for months — now it's next week. It's "go time" and that means packing like a boss and making your conference game plan. See how it's done.

Cash flow is a common concern for small businesses. When it affects your ability to make payroll, it becomes even more concerning. Here are a few ideas on how to bridge the gap.

What's the difference between payroll tax and income tax? Is it like the difference between brown and beige? Wagepoint has the simple answer to understanding payroll and income taxes.

Wagepoint would rather not nickel and dime you when you're running payroll. We've covered how to avoid situations that cause extra fees.

Offering simple, straightforward and all-inclusive pricing, Wagepoint explains the instances that can lead to additional fees and how to avoid them.

What do you do if you get a payroll tax notice? First, figure out why it happened then take steps to resolve the concerns.

Looking for the right small business payroll software can feel overwhelming. This overview and checklist will help you in comparing payroll software.

When you've identified a low performing employee, it's definitely a buzz kill. Learn how to make a game plan to turn underperformers around before you have to take drastic action.

Artificial intelligence (AI) will play a huge role in the future of work across all industries. It doesn't mean the robots will take over. In fact, they'll help us do our jobs better.

When you're relaxing on your day off, the last thing you want to worry about is getting paid. See what statutory holidays you're entitled to as an employee.

Check out 9 ways sales automation can make your sales team's life easier — and lead to more customers and growth for your business.

Check out a recap of a webinar on what every Canadian small business should know about changing payroll providers. Hosted by Jennie Moore of Moore Details Inc.