I am opening a store online to sell jewelry that I want to purchase from wholesalers. 

Your state Tax ID is a social security number for your business at the state level. By getting one, you gain the ability to file the necessary tax returns with the state, as well as claim business deductions, and file for your business seperately from your person.

On the opposite end, your sellers permits gives you a number needed to make the actual purchases from the wholesalers, as well as opening the account into which you actually pay your sales tax fees, without which you are in danger of audits.

To do so I need to register as a sole proprietor in NY and obtain a tax id. Where do I go and what do I do in order to do this?

To purchase from wholesellers, and obtain your tax id, you need to go to the same place, but do two different things. Both of them are required for the other to have any value.

A New York Tax ID is required by the state and establishes your businesses status with the state and opens your account. Once this account is opened, you will be able to pay your taxes properly and in time to avoid an audit.

To purchase from wholesalers, as well as sell with sales tax included, it is essential to acquire a sellers permit from the state. Once you have done so, not only will you be able to purchase goods tax free from wholesalers, you will have the necessary ID and account to pay your sales tax dues to the state.

03 - Since you are selling jewelry, here are the licenses and tax ids you are legally required to obtain before starting jewelry operations:

1. A business tax registration license

2. A DBA assumed business name

3. A federal tax id number also is required in most state for those that they get a seller's permit, and if you are a partnership or you want to use it instead of you social security number to open a bank account.

Also, note that forming an llc or incorporating eliminates the requirement of getting a dba. It is a good idea to form an llc to avoid personal liability from business transactions. Since you are dealing in jewelry, you will need

4. A seller's permit.

Simply go online to www.businessnameusa.com and complete our three step process of quiz, busines information and payment, and we will begin processing your order imediately.

By phone: 310-455-6675

By mail: P.O. Box 14927 Long Beach CA, 90853

And online at: www.businessnameusa.com

Consider the situation of a business man without these permits:

Let us say Paris Hilton has decided to begin selling jewelry. She sells her jewelry, makes a profit, but has failed to do something important. She hasn't charged for sales tax on every purchase. Whats worse, her business is not registered with the state. Eventually she will be audited, and rather than auditing the business for her sales tax dues, because she lacks a tax ID, she herself will be audited, and all her personal tax matters goner over with a fine tooth comb. Hardly an ideal situation.

Due to recent reductions of our already bargain prices, the listed permits will cost a competitive total of $359.96, even including a wide variety of filing fees as part of our DBA package.