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.
Illustrator invoice fields
- Project fee — flat
- Per-illustration rate — flat
- Usage license fee — flat
- Revision rounds beyond 2 — flat
State
KY
Avg invoice
$1,850
Net terms
30 days
Deposit
50%