Recent Posts

Can a foreign national receive an honorarium payment?

Written by Kimberly Martin, Tax Compliance Accountant. This month’s Finance Division Knowledge Base spotlight is on honorarium payments for foreign nationals. In very limited circumstances,...

Fighting Credit Card Fraud

Written by Heidi Kozlowski. Credit Card Fraud: The Facts The Federal Trade Commission reported that, in 2021, the number of fraudulent credit card transactions in...

What is a Fixed Price Award?

Written by Justo Torres, Director for Contracts and Grants Fixed price awards play a critical role in research on campus. Sponsors will typically issue fixed-price...

Meet the University Payroll Team

Written by Regina House. University Payroll is a section within the University Controller’s Office. The University Payroll Team is responsible for paying over 10,000 permanent...

Year End Planning Guide

Written by Blain Woods. The P&BS Year End Planning Guide gives departmental business officers direct access to guidelines and instructions designed to empower them to...

New FAI and Donor Services Office Hours

Written by Erin Delehanty. Foundations Accounting and Investments (FAI) and Donor Services are excited to introduce joint office hours beginning in 2024. These office hours...

Annual Tax Information: Reporting and Withholding

Written by Andrew Coats. NC State University is required by the IRS to provide information returns to vendors, individuals, etc. who have received payments from...

Is It Allowed On My Contract or Grant?

Written by Justo Torres, Director for Contracts and Grants. This month’s Finance Division Knowledge Base spotlight is on What is an allowable cost versus an...

Contracts vs. Grants vs. Cooperative Agreements

Written by Justo Torres, Director for Contracts and Grants. Are all contracts or grants the same, regardless of what they are called? The short answer...