Preheat oven to 350°F and line a baking sheet with parchment paper.
In a large bowl, cream together the butter, granulated sugar, and brown sugar until smooth.
Beat in eggs one at a time, then stir in vanilla.
In another bowl, whisk together the flour, baking soda, baking powder, and salt.
Gradually blend dry ingredients into wet mixture.
Fold in the chocolate chips.
Drop rounded spoonfuls of dough onto the baking sheet.
Bake for 8-10 minutes or until edges are lightly golden.
Cool on the baking sheet for a few minutes before transferring to wire racks.