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.
In order to convict you of a tax crime, the IRS does not have to prove the exact amount you owe. The IRS has a general policy of not enforcing the filing of returns older than six years. The IRS can collect taxes, interest, and penalties for all of the taxes you have owed over the years. The IRS has programs in place to identify nonfilers. The filing of a return starts the audit and collection time limits. If you do owe taxes, you can probably work out an installment plan to pay off your debt. You may be able to negotiate a settlement with the IRS, depending on your ability to pay, that will significantly diminish your overall tax debt. The IRS may owe you money.