Yes. I would suggest that you pay for a consultation with a certified public accountant who could advise you about the various things you will need to do, including quarterly state and federal tax filings and withholding etc. Not accounting can also advise you on setting up the various accounts you will need to establish for your bookkeeping This consultation will be worth its weight in gold.
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Mr. Lundeen is licensed to practice law in Florida and Vermont. The response herein is not legal advice and does not create an attorney/client relationship. The response is in the form of legal education and is intended to provide general information about the matter within the question. Oftentimes the question does not include significant and important facts and timelines that, if known, could significantly change the reply and make it unsuitable. Mr. Lundeen strongly advises the questioner to confer with an attorney in your state in order to ensure proper advice is received.
This ans. does not create an attorney/client relationship.