I've started an LLC in quarter 2, did some work and got paid. It was a great amount of fun! Now the terrible part. I need to pay taxes.
I'm okay with that. I knew the day would come. But the question is HOW? I have an EIN number, and my LLC is registered in Wisconsin, but that's it. I haven't registered either with Wisconsin or the IRS to pay taxes, and after my fruitless hours searching Google, it appears to me that they don't want me to know how to pay them!
July is almost over, I haven't paid taxes for quarter 2, and I've heard bad things about jail. What's the process of getting my money into their hands?
GET AN ACCOUNTANT.
Now. may already be late ;)
It's up to you to pay your taxes and setup your tax account with the Federal Government and your state.
Usually, you pay quarterly, depending on the type of business and the revenue stream/taxes owed.
If you take a look at this site: http://www.revenue.wi.gov/eserv/index.html you will find how to pay for Wisconsin.
As for the Feds, see this link http://www.irs.gov/businesses/small/article/0,,id=98277,00.html for how they deal with it. You are either considered and individual or you file as corporate.
@NetTecture makes a good point -- hire an accountant. That way, you can get setup properly and not have to worry about it.