Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government contractors. This is the second article in a multi-part ...
In financial accounting and taxes, attributing expenses to the correct category isn’t just a tip or guideline; it’s a requirement when filing IRS forms, requesting grant funds, or reporting to ...
Congratulations! The program officer at your favorite foundation has finally invited you to submit a proposal for the new program you would like to start. You’re thrilled, but now comes the hard part: ...
What are cost transfers and why do we monitor them so closely? A Cost Transfer is the transfer of an expenditure, or cost, that initially posted to one project or account and is then transferred to ...
The indirect cost rate is a percentage of Modified Total Direct Costs negotiated and approved by the Department of Health and Human Services. This means that when proposals for grants and contracts ...
A new report from the Treasury Inspector General for Tax Administration said that Internal Revenue Service claims regarding the Direct File pilot program last tax season omitted more than a third of ...