1. Champaign-specific tax handling
- State sales tax: 6.25%. Local jurisdictions in Champaign may add their own rate — verify with your local tax assessor.
- Late fees: IL statute 815 ILCS 205/4 (Interest Act) caps interest on unpaid invoices at 1.5% per month.
2. Standard video editor line items
- Hourly editing — billed by hour (~$95 default).
- Per-finished-minute — billed by flat.
- Color grading — billed by flat.
- Audio mix & sound design — billed by flat.
3. Payment terms that work in Champaign
Net 30 is standard for video editors. Most video editors in competitive markets like Champaign require a 33% deposit upfront before scheduling work. Accept card and ACH on the invoice itself — Champaign customers expect a one-click payment link in their inbox.
4. Licensing & disclosures
No license required. Stock footage, music, and SFX licensing must be passed through with explicit terms.
Metro
Champaign
State
IL
Net terms
30 days
Deposit
33%