I'd like to apply for an Illinois State Resale I.D. please.

A sellers permit allows two things: 

1.) First, it allows you to properly charge and pay sales tax on the sales you make. This is becoming more important for online businesses as laws concerning internet sales and sales tax regularly change.

2.) Also, it allows you to buy wholesale, which means it's tax free.


On the other hand, a business license is a certification, obtained usually from the city, sometimes from the county, and rarely from the state. This certification declares the legality of your business operations, as well as registering for local taxes, emergency services, and business incentives and subsidies.

As laws concerning internet sales change on an almost constant basis, it becomes essential for the business to get a sellers permit that plans to sell in different states . The said permit will allow the business to offer their services in their chosen states. When a state requires an online merchant to charge sales tax, it means that the business owner needs a sellers permit.

Another equally important factor to consider is the license in which the business will operate. Similarly, you need a business license in order to make your business location a legal place to sell. This is evidently required but it will benefit you in the end.


 

03 - Since you are selling taxable items, here are the licenses and tax ids you are legally required to obtain before starting business operations: 1. A business tax registration license2. 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 taxable items, you will need 4. A seller's permit.

Simply go online to our website at www.businessnameusa.com. Click on 'Order Now' and answer our online questionuaire. Then, fill in the business information form. You can leave some areas blank if the question is somewhat unrelated to your business. Finally, complete our payment information form and we will begin processing your order immediately.

Website: www.businessnameusa.com

Mail: P.O. Box 14927

         Long Beach, CA. 90853

Phone Number: (310) 455-6675

Without a sellers permit, a business is unable to properly charge or pay sales tax. This will inevitably lead to audits and fines for a business who operates without the permit. Probably, it may result in more extra charges in the future.Moreover, a business without the said permit cannot make wholesale purchases, which tends to be a money saver.

The essential nature of the business license cannot be understated. In its absence, the government have the power to decide to shut down a business. Furthermore, it can lead to the business owner being charged with a variety of misdemeanor penalties, as well as being subject to a wide range of fines.

Seller's Permit: $79.99

Business License: $79.99

Total: $159.98

Go online by using the link below to determine the cost of your forms on a state by state basis:

http://www.businessnameusa.com/services/fees.htm

We have recently reduced our already high competitive prices.