What are the required legal documents that I am required to give to a client or that a client is required to give to me? I guess this might depend on your legal structure. I am staring as a sole proprietor.
First and foremost you will want a signed contract. Second, if you are in the US you will need to provide your client with a W-9 for tax reporting purposes.
Also, be sure to get a EIN from the IRS so that you do not have to give anyone your SSN.
Just wanted to add that if a client pays you more than $600 in a year they should send you a 1099 that will stipulate how much they paid you total. The client also sends one copy to the IRS to make a record of the expenditure.
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Thanks for the information Tess & Lee - I wasn't sure if I should include the 1099 with my welcome packette or send it later - I will include it when I get the signed contract now. - Great information and I didn't know the limit was $600 ---