I just started an LLC in Maryland at the start of this year and took the s election. I am the owner of the company and the only employee. I plan to do quarterly payroll and do it myself. I am hoping to get a list of what I need to pay and file on a quarterly basis. From my research, the following are all of my quarterly obligations:
- Pay and file quarterly payroll withholding. Do I pay this to the State or Federal?
- Pay quarterly state unemployment tax. If I reach the maximum tax in the first quarter do I still need to file in subsequent quarters?
- Pay quarterly federal unemployment tax. If I reach the maximum tax in the first quarter do I still need to file in subsequent quarters?
- Pay state quarterly estimated tax payment
- Pay federal quarterly estimate tax payment
Are there any other quarterly obligations that are not on this list? Can any of the above be combined or done just once per year to remove some of the administrative burden?
