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.
Rack up enough of deductions and youâll pull yourself down into a lower tax bracket and end up with a big refund, if youâre lucky. These are worth more to those in higher tax brackets. By contrast, a non-refundable tax credit reduces the amount of taxes owed. The value is the same for everyone.