Other Allowable Cost Issues, contd.
{"Image DocumentName": "Other Allowable Cost Issues, contd.", "Image ImageDescription": "Distributions to Shareholders of S Corporations are not an allowable cost, and will be treated as a distribution of profits or dividends, not as wages. Dividends are not an Allowable Cost. Allowable Cost Rules under rental agreements with Related Parties contain additional restrictions. Allowable rent expense under related party leases may not exceed the actual costs to the related party that owns the property. (Generally, mortgage interest, RE taxes, insurance, maintenance /utilities & depreciation) 10/22/2014.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}