Many companies still maintain a trimmed-down team of outside sales reps. But even their outside reps are spending more time selling remotely using the telephone and Internet. To better understand this seismic shift, letâs compare inside sales vs. outside sales. There are three key differences. What is Inside Sales and How is it Different? 1.
One of the best ways to lower your tax bill is to reduce your taxable income. You can contribute to up to $17,500 to your 401(k) or similar retirement savings plan in 2014 ($23,000 if you are 50 or older by the end of the year). Money contributed to the plan is not included in your taxable income.
This is true even if the taxpayer is given a short-term extension to pay or an installment agreement. Advise students to encourage taxpayers who cannot fully pay their tax amount owe, to pay as much as possible with their return to reduce these charges. Point out that TaxWise automatically calculates the amount that is owed when the payment total is less than the amount of the tax.