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

Royer Accounting is a technology-forward accounting firm and a proud Wagepoint partner. Here's what Andrew Royer, CEO of Royer Accounting, has to say about how Wagepoint helps their clients.

Protect your small business, clients and employees from hackers, fraud and unauthorized access with these tips for managing a secure payroll system within Wagepoint.

McRally is a cloud-based accounting firm and a proud Wagepoint partner. Here's what Jordon Sargisson, Associate at McRally has to say about how Wagepoint helps the firm and their clients.

Restaurant staffing, management and payroll all play crucial roles in day-to-day operations. See how simple restaurant tech can help prepare for patio season or any season.

In his summary of the 2021 Canadian Federal Budget, Eric Saumure, CPA, CA and Principal of Zenbooks, breaks down the key benefits and programs affecting Canadian small businesses and families.

Get insights and statistics on how Canadian small businesses have faired one year into the COVID-19 pandemic — including trends on headcount and adopting new technology. Download a copy.

Get key insights on the increasingly strategic role of small business payroll from Canadian Payroll Association VP of Education, Steven Van Alstine and Wagepoint Community Manager Bianca Mueller.

Wagepoint CEO Shrad Rao sat down on the 7shifts Restaurant Growth Path to discuss the crucial role technology plays in restaurant success and how payroll can help your business. Here's the recap.

Wagepoint Chief Product Officer Leena Thampan sat down on the Journey Map Podcast with the Craft & Crew team and shared her inspiring journey to the tech world. Here's the recap.

Use this table to make sure you are aware of the current minimum wage requirements for your province or territory. Also includes links to the federal and provencial labour departments.

Hyre is a digital HR platform that provides employee scheduling software and temporary staffing solutions for businesses. Find out why they chose Wagepoint as their payroll software provider.

We hosted a webinar to assist Wagepoint accounting and bookkeeping partners with how they can better onboard and support their client signups. Here's the recap and webinar recording.

Wagepoint's Chief Revenue Officer, Anastasia Valentine, is the newest business leader to accept membership into Forbes Business Development Council.

We're delighted to announce that Wagepoint has been nominated for a Canadian SME National Business Award in multiple categories. Learn more about the exciting news.

Wagepoint has partnered with Craver and we're excited to work together to enable and empower small business owners in the food and beverage industry.

Wagepoint CEO Shrad Rao discusses leadership styles, entrepreneurship and fostering a culture of resiliency on the CanadianSME Small Business Podcast. Here's the recap and the episode.

A must-read for small business owners and those who are self-employed. This list of small business tax deductions will prepare you for your conversations with bookkeepers, accountants and tax experts.

Wagepoint has joined the Canadian Franchise Association and we're excited to work together to enable and empower the Canadian franchise community.

It's tax season! These actionable workflow tips from Bianca Mueller, CPB will help you be prepared, maintain composure and stay on top of your game during this stressful time.

Providing a workplace where your remote employees feel supported and motivated is crucial to small business success. Here are five tactics you can apply right now to motivate your team.