When Starting a Business, all
businesses, including home based businesses, internet
businesses, ebay, online web sites,
professional practices, contractors or any other business,
in New Jersey are required to identify their business
with one of two numbers: either a Social Security number or
an EIN or employer identification tax id number. A Social
Security number can be used on all your government tax id
number forms and other tax id number official documents, if
you are a sole proprietor, but most small business advisors
recommend that you apply for a Federal Tax Id Number (EIN)
and use that number instead.
Here is where you will need to use this federal Tax Id
Number : All corporations, employers, and those that need to
use a business Tax Id Number # instead of their SS#, are
required to have it. Also, in tax resale
certificates and some other business tax forms , you are
required to provide this number.
How to get your Tax Id Number - Tax ID Numbers - How
to Apply and Obtain a Tax Id Number
How do I get
tax ID numbers?
business needs its own Tax Id Number. To get a federal
Tax Id Number , state Tax Id Number , or seller's
Once the federal government issues you a tax
identification number , you will have to get a state Tax Id
Number from New Jersey as well. Find out more
here, or ask your lawyer, bookkeeper or accountant to do
this for you.
Here's a Few Other Tax Documents
and Business Permits You May Need When Starting a Small
In New Jersey, If you use a name other than your own
personal name to operate a business, you are legally
required to file a
DBA Certificate , also known as a dba (doing business
corporation or llc, is probably the best and cheapest
insurance for you and your new small business if you want to
limit your civil, tax, and personal liability.
If you buy or sell wholesale or retail in New Jersey and
the goods or items bought or sold are taxable, you need a
Reseller License or
If you will hire employees you are required to obtain a
federal tax id number (Employer Identification Number EIN)
as well as a
Id Number as well (for New Jersey ).
In most cases, you are required to get an New Jersey or
permit or business License , even if you are working
from home or you have an online business or selling on ebay-
but note: 99.9 percent of all businesses are required to
a business License or business tax registration certificate
( both the same).