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.
Best Answer: If you mean a tax refund, you get the standard deduction of $3400 per dependent, then if you paid enough tax you get a tax credit of $1000 per child which reduces the tax you owe. For instance, my husband had $5500 federal tax withheld, we owe $5400 tax based on our net income after deductions, but we have 4 children so we get a tax credit of $4000, so we only owe $1400 and get a refund of $4100.