Understanding the difference between direct costs and indirect costs is crucial for anyone running a business. This knowledge helps in accurately tracking expenses, setting prices, and maximizing tax ...

Knowing the difference between direct and indirect costs is important for pricing, taxes, and financial health. See how these expenses differ and why it matters.

Some lawmakers and the Trump administration have criticized the government’s long-standing model for reimbursing universities ...

Facilities and Administrative (F&A) Costs are charged to externally sponsored awards, unless specifically prohibited by the funding agency. A percentage of F&A Costs recovered from sponsored projects ...

Since the 1940s, payments for indirect costs have risen from 8 percent to more than 60 percent.

Indirect taxes are charged on goods and services, not on income or profits. These taxes are collected by businesses, such as retailers or producers, who then pass the payments to the government. The ...

After two decades of work in biomedical research policy, there is no topic Carrie Wolinetz hates talking about more than indirect costs. She’s addressing them now because they are crucial.

Cost of goods sold (or COGS) is the sum of direct expenses that have gone into producing products and services that a business has sold.

Scientists warn that the NIH’s 15% cap on indirect costs could threaten research funding. Learn why this policy is under fire.

The cost of psychopathic damage is exorbitant and largely incalculable, although estimates of direct costs in the U.S. approach $1.6 trillion annually.

National Institutes of Health slashed overhead costs allowed under its grants to match private foundations, but the two don't account for expenses in the same way.