Hi,

First, I'll apologize if this is covered elsewhere. I've searched many places for answers but since everyone's situations are different, I'm not sure I'm getting the correct information.

I recently started working for a small business consulting company. I am paid by my boss via personal check, no taxes deducted. I know I have to pay taxes on my income, but the when and how and how much I should set aside are my biggest concerns. I just don't know where to start or my best course of action.

I am married (spouse is a regular W2 employee), I have three children and own a home. If any of that matters, I don't know.

Main questions:

1. How much should I set aside from each check?
2. Can I pay once a year when we file my husbands return?
3. Do I pay quarterly and if so, what forms?
4. Are fees for filing quarterly (if required) deductible?

Any information and/or help that can be provided to make this easily understandable is greatly appreciated.

Thanks you!