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 0.5% of the tax you owe per month -- or part of a month -- until the tax is paid in full. Youâll be charged up to a maximum penalty of 25% of the tax due. The 0.5% rate increases to 1% if the tax remains unpaid 10 days after the IRS issues a notice of intent to levy.