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.
By spending a few hours each year keeping abreast of the tax law, you can save thousands of dollars on taxes over the years. Keeping a tax-reduction mindset in your everyday life will serve your finances well. If you owe $1,000 in taxes and receive a $150 tax credit, your taxes owed decrease to $850. Thatâs an extra $150 in your pocket.