How to Invoice as a Event Planner in Farmington, NM

Invoicing guide for event planners in Farmington: 4.875% NM sales tax, 1.25%/mo late-fee cap, plus NM licensing and contractor rules.

Combined sales tax
4.875%
Late fee cap
1.25%/mo
Net terms
30 days
Deposit
50%
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1. Farmington-specific tax handling

  • State sales tax: 4.875%. Local jurisdictions in Farmington may add their own rate — verify with your local tax assessor.
  • Late fees: NM statute N.M. Stat. §56-8-3 caps interest on unpaid invoices at 1.5% per month.

2. Standard event planner line items

  • Planning package — billed by flat.
  • Day-of coordination — billed by flat.
  • Hourly consulting — billed by hour (~$125 default).
  • Vendor management — % of spend — billed by pct (~$15 default).

3. Payment terms that work in Farmington

Net 30 is standard for event planners. Most event planners in competitive markets like Farmington require a 50% deposit upfront before scheduling work. Accept card and ACH on the invoice itself — Farmington customers expect a one-click payment link in their inbox.

4. Licensing & disclosures

No license required. Liability insurance and venue COI requirements are standard.

Metro
Farmington
State
NM
Net terms
30 days
Deposit
50%

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