The income tax required to be withheld under § 10–908 of this subtitle shall be withheld: by a payor other than a fiduciary or S corporation and by an employer: on the basis of each weekly, 2–week, semimonthly, or monthly regular period of payment; or if there is no regular period of payment as specified in item (i) of this item, on a daily basis; and by a payor who is a fiduciary, on a quarterly basis.