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The company I am currently working for does not deduct taxes of any kind from my paycheck, which is something I've never experienced before and am unsure what to do concerning paying state and federal taxes

Sounds like some of my old friends...The company is will probably give you a Form 1099 or not report the compensation at all.

Unless you are a legitimate sub-contractor your employer is in violation various and sundry laws, regulations, probably a few codes, too.

.Do I need to pay taxes on a quarterly basis? Yes

Can I pay at the end of the year?Yes, but there are penalties for not paying quarterly taxes.

What are things to consider? Unless you are a legitimate sub-contractor (salesman ?) your employer is probably violating the law. I would discuss the tax situation with the bookeeping department and find out what they plan to do. Don't forget about SS taxes.

buzman
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