1. Massachusetts-specific invoice requirements
- Sales tax line: 6.25% state rate. Most services rendered in Massachusetts are exempt from sales tax — but materials, parts, and tangible goods are not. State 6.25%; uniform statewide. No local sales tax.
- Late-fee cap: Massachusetts statute Mass. Gen. Laws ch. 271, §49 caps interest on unpaid invoices at 1.5% per month. Spell out the rate in writing on every invoice and in your contract — courts won't enforce undisclosed fees.
- Written contract required: Massachusetts requires a signed agreement for any job over $1,000. Reference the contract number on the invoice.
- Right-to-cancel notice: Customers in Massachusetts get 72-hour cancellation rights on certain home-services contracts. Disclose this in your terms.
2. Financial Advisor line items + standard terms
Every financial advisor invoice in Massachusetts should itemize work clearly. Standard financial advisors use Net 30 terms with no deposit required.
- Plan preparation flat fee — billed by flat.
- Hourly advisory — billed by hour (~$295 default).
- AUM fee — annual % — billed by pct (~$1 default).
- Tax-prep coordination — billed by flat.
3. Financial Advisor licensing in Massachusetts
Series 65 / 66 + state RIA registration required for fee-only advisors. CFP / CFA designations are industry-standard.
4. Send and follow up
Send the invoice the same day work completes. Use software that records open events and offers a one-click online payment so you don't need to chase a check by mail. Massachusetts customers expect digital payment options today — accepting card and ACH typically reduces days-to-paid by 30–50%.
Average invoice
$3,500
State
MA
Net terms
30 days
Deposit
0%
Massachusetts metro guides
Metro-specific guides include the combined sales-tax rate and local pricing benchmarks.