Kentucky compliance baked into the template
- Sales tax: 6.00% state rate. Applies to services rendered. Recently expanded to many services (2023 reforms). Uniform 6%, no local.
- Late fees: Up to 1.5% per month under Ky. Rev. Stat. §360.010. Legal rate 8%/yr; contract rates up to 19%/yr or 4% over Fed discount.
Freelance Developer invoice fields
- Development — hour, default $125
- Project milestone — flat
- Third-party services — passthrough
State
KY
Avg invoice
$6,800
Net terms
15 days
Deposit
25%