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.
Graphic Designer invoice fields
- Design fee — hour, default $75
- Project deposit — percent
- Stock assets — passthrough
- Revisions (over scope) — hour, default $65
State
KY
Avg invoice
$1,420
Net terms
14 days
Deposit
50%