So my LLC is going to be online publishing content incorporated in Wyoming. I have an EIN, articles of formation, etc. My next steps are to start a business bank account, and of course consult with a CPA.

In the meantime however, I’m just feeling a little overwhelmed about a few things that I was hoping to clarify here.

1. What exactly is bookkeeping and am I supposed to be paying a service to do this? I had just assumed saving my business bank account statements would be how I kept my books. Then, at the end of the year, I give these statements to a CPA and they do my taxes for me. Is this not correct?

2. Why do some articles say I have to pay taxes quarterly (but file tax forms once a year), while others say I only do it once a year along with my tax forms? Are only some kinds of businesses supposed to pay quarterly, while others annually, and if so, what kinds?

3. Do I need to pay for a CPA service that I can consult with year round, or am I supposed to just see a CPA with my bank statements at year end, then pay them a one-time fee to file my taxes for me?

I guess altogether, I’m just a little overwhelmed by all of these paid services advertising bookkeeping + accounting services for $$/month. I get that for some businesses, especially brick and mortar ones, things can get a little trickier or confusing with their books. But for an online only business, do I really need to do more than pay a CPA once a year to file my taxes for me?