Just started a new business and don't know where to start

Blankenshipwellness — Tue, 24 Feb 2026 07:04:39 GMT

Hello,

I just started a brand new single member LLC as a health coach. Where can I find information on how I keep track of everything and how to pay taxes? I'm completely new to starting a business and all that is required. I have not yet started making any income, but plan on it very soon. Does it matter if this is a side-gig instead of my main source of income? Thank you so much

Re: Just started a new business and don't know where to start

Faith C — Wed, 30 Aug 2023 16:44:44 GMT

Hi Blankenshipwellness,

Thank you for asking and congratulations on starting your business! For a single member LLC, they might not need to make estimated tax payments if they owe less than $1,000. If you have a W-2 jobs, you can either file Form W-4 to have more tax withhold from your work, or you can make an estimated tax payment by Jannuary 15th.

You may use our tax calculator to estimate your tax liability and pay the estimated tax liabilty through IRS by Jannuary 15th. Here is A Guid to Paying Quarterly Taxes for your reference.

topic Just started a new business and don't know where to start in Self employed

Just started a new business and don't know where to start

Re: Just started a new business and don't know where to start