Being a new business owner I'd like to know how I will know how much taxes I owe and where I can submit payment? TIA

[Vanessa A]

You will need to track your income and expenses throughout the year and then on the 15th day after every quarter submit the payments based on what you profited on the prior 3 months.

The easiest way to do this is to use something like QuickBooks Self-employed.   It will tell you how much you owe each quarter in self-employment taxes as long as you enter all of your income and expenses. 

 You will owe at least 15.3% on 92.35% of your profit.  This is your Self-Employment tax which is the Medicare and Social Security Taxes.  The rest of how much you owe will depend on your other income and what tax bracket you fall into. 

Your payments can be made online directly to the IRS.