In 2.5 weeks I start having an assistant here - hooray! But I have to write paychecks and I'm a little concerned about doing it correctly. I have never paid monthly or quarterly taxes the few years I've been open. I always just put it on a yearly tax form and...so far, so good.
I know paychecks have Federal, State, and Social Security and Medicare. Unemployment? Is that on the paycheck, too?
What about quarterly taxes? What do I need to pay? Anyone know what I can expect? I want to budget accordingly.
Any end of year taxes, or taxes paid once a year that I need to be aware of, besides the regular tax filing?
Confusing stuff! Thanks in advance
