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How to handle accepting a C2C?

wizzy subscriber Posts: 1 Member

February 2021 in Accounting and Financial Management

Hi,

I have an LLC in Texas and was just offered a C2C(A.l). This would be my first. I'm not sure what the (A.l) part of that means and hope someone can tell.

Also, would there happen to be a guide any where's about:

- what I need to ask from the other party offering the C2C?

- what forms I am responsible for as well as the other party?

- I understand taxes should be paid quarterly.

- anything else I'm missing?

Just trying to understand how to properly handle and accept a C2C.

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