Direct costs can include expenses like pay for employees who provide goods or services and any money needed to purchase and maintain specialized equipment. — Getty Images/aldomurillo In financial ...

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Direct taxes are imposed directly on individuals and entities according to their income or wealth whilst indirect tax is imposed on goods, services or transactions and eventually paid by consumers.

With an indirect loan, the issuer or holder of the debt doesn't have a direct relationship with the borrower. Instead, a third party issues the loan, with the help of an intermediary.

In the first article of this series of articles related to selling to the federal government, I discussed federal acquisition regulations (FAR), cost accounting standards (CAS) and the types of ...