Invoice Software for Insurance Agent / Brokers in Minnesota

Invoice software for insurance agent / brokers in Minnesota: MN sales tax 6.88% (services usually exempt), late fees capped at 1.5%/mo under Minn. Stat. §334.01. Free plan available; Pro $45/mo.

State sales tax
6.88%
Late fee max
1.5%/mo
Avg invoice
$1,850
Metros
4
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Minnesota compliance for insurance agent / brokers

  • Sales tax: 6.88% state rate. Generally exempts services. State 6.875%; combined 7-8.875% in metros.
  • Late fees: Up to 1.5% per month under Minn. Stat. §334.01. Default 6%/yr; contract rates up to 8%/yr without license.
Avg invoice
$1,850
Net terms
30 days
Deposit
0%
State
MN

Insurance Agent / Brokers by metro in Minnesota