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 ...

Learn how turnkey costs include all necessary expenses to make a product or service market-ready, covering direct and indirect costs, including materials and fees.

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: ...

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 ...

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 ...

If you’ve managed a project before, you’ll know that keeping costs down is one of the biggest challenges during a standard project management life cycle. If your costs overrun, it can easily lead to ...