Irs Installment Agreement Interest Rate
Specify Time and Amounts of Payments - Entering your hourly rate and projected time for completion, or the total amount of payment for the project may not be enough. Depending on the project's scope, the contract should include: Any portion of fees to be paid upfront. Any fees to be paid at milestones as a project proceeds. Payment for work completed if a client cancels the contract. Late fees if the client doesn't pay on time. Hourly rate for your time due to delays caused by the client or for client's request to perform additional work.
Describe your obligations, including the service you must perform to fulfill your obligations under the contract and be as detailed as possible. For example, if you are writing a marketing brochure for a customer, describe the length of the brochure, the purpose of the brochure and establish that you are only responsible for providing the text, and not the layout or design, for the brochure.