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Robert Half International Employees: Navigate Tax Season Like a Pro


'Robert Half International employees must recognize the value of proactive tax planning, as strategic contributions to retirement accounts and thorough verification of deductions can significantly reduce tax liabilities and improve long-term financial outcomes.' – Michael Corgiat, a representative of The Retirement Group, a division of Wealth Enhancement Group.

'Robert Half International employees should leverage tax season as an opportunity to refine their financial strategies by maximizing contributions to retirement accounts, utilizing available tax credits, and staying ahead of state tax changes to ensure a more favorable financial outlook.' – Brent Wolf, a representative of The Retirement Group, a division of Wealth Enhancement Group.

In this article, we will discuss:

  1. How to optimize your retirement and health-related contributions before the tax deadline.

  2. Navigating state tax rules amid the rise of remote work.

  3. Leveraging key tax credits and deductions to help reduce your liability.

Robert Half International employees should be especially careful with their tax returns before filing them with the Internal Revenue Service this tax season. Last year, about USD 3,138  per  filer got refunds on average, IRS data showed. This concludes their IRS dealings  for  most, unless more information is requested. Remember the IRS sends written correspondence to prevent common frauds.

  1. Optimizing Contributions

Test whether you've contributed to your Health Savings Accounts (HSAs), Roth IRAs, and Traditional IRAs by the federal tax deadline of April 15, 2025 for the 2024 tax year. This includes requests for extensions, though different deadlines may apply to those affected by federal disaster declarations like the California wildfires. The IRS  website  should be updated regularly.

Independent contractors can contribute to a Simplified Employee Pension plan (SEP IRA) through the business tax reporting deadline. Some choose to invest the expected tax refunds in these contributions to avoid stagnation of funds.

  1. State Tax Compliance

The rise  of remote work has increased state tax liabilities - especially for workers from states different from their employer's location. Learn about the often complex state tax laws.

  1. Leveraging Tax Credits

Tax credits like the Child Tax Credit and Earned Income Tax Credit lower your tax liability directly. Also, education-related credits like the American Opportunity Tax Credit and Lifetime Learning Credit might help with higher education costs. Eligibility for these benefits must be verified.

  1. Income and Deductions Verification

Robert Half International employees should investigate all income sources and potential deductions. That includes paying for taxable unemployment benefits and getting all 1099 forms. Some tax obligations may be easier  to  with inflation adjustments  to  and a higher standard deduction in 2024.

State and local taxes, medical costs, mortgage interest, and charitable contributions are big deductions. Those itemizing deductions must be compared  with  the standard deduction. The home office deduction is still available for  self-employed individuals under certain conditions.

  1. Strategic Planning & Filing Extensions.

File for an extension if necessary by April 15 to extend your filing deadline to October 15. Remember this extension does not apply to tax payments due - which must be paid by the original deadline or  to  face penalties.

File early to limit identity theft risks and expedite refunds - and plan for next year. Use your tax return for planning - make informed decisions about state residency and tax withholding adjustments.

The tax maze requires proactive planning to improve your financial condition and minimize tax liabilities. Using contributions fully, understanding state tax consequences, claiming available tax credits, confirming all income and deductions and planning your filing time can improve your financial picture. Talking  to  a tax professional can give you tailored advice on your financial plans.

Those approaching or in retirement should know how Social Security income is taxed. Up to 85% of your Social Security benefits could be taxable based on your income. Timing withdrawals from retirement plans or earnings from part-time work affects your tax bracket and Social Security tax rate. Strategic planning can help minimize taxes on these benefits, as described in the IRS's 'Benefits Planner:  Planning  Your Taxes Now.' The Income Taxes and Your Social Security Benefit

Enjoy tax season with this guide to making informed contributions, understanding state tax compliance, and using tax credits to lower your tax bill. Prepare thoroughly by understanding state taxation, remote work impacts, and timely tax credits. Make sure your various income sources and potential deductions are documented.

Like regular health  check-ups , paying taxes helps you stay on top of your finances and within regulations. Contributing to retirement accounts is preventative financial care - it lowers future tax burdens and supports financial health. Like getting personalized health advice at your annual physical, a thorough tax review positions you for the coming fiscal year.

Articles you may find interesting:

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Sources:

1. 'IRA Contribution Deadline - Retirement Daily.'   TheStreet , 3 Mar. 2025. Entire article. Author: TheStreet Staff.

2. 'State and Local Tax Considerations of Remote Work Arrangements.'   National Conference of State Legislatures (NCSL) , 15 Sept. 2023, pp. 1-10. Author: NCSL Fiscal Affairs Program.

3. 'Tax-Saving Moves You Can Make Before Year-End.'   Charles Schwab , 10 Oct. 2024. Entire article.
Author: Hayden Adams.

4. 'Taxes in Retirement: 7 Tax Tips for After You Retire.'   TurboTax , 1 Mar. 2025. Entire article.
Author: TurboTax Staff.

5. 'Managing State and Local Tax Implications of Remote Work.'   Carr, Riggs & Ingram CPAs and Advisors , 6 Mar. 2025. Entire article. Author: Vicki Bolskar.

What type of retirement plan does Robert Half International offer to its employees?

Robert Half International offers a 401(k) retirement plan to its employees.

Does Robert Half International provide any matching contributions to the 401(k) plan?

Yes, Robert Half International provides a matching contribution to the 401(k) plan, helping employees maximize their retirement savings.

What is the eligibility requirement for employees to participate in the 401(k) plan at Robert Half International?

Employees at Robert Half International are eligible to participate in the 401(k) plan after completing a specified period of service, typically within the first year of employment.

Can employees at Robert Half International choose how much to contribute to their 401(k)?

Yes, employees at Robert Half International can choose their contribution percentage, allowing for flexibility in their savings.

Are there any fees associated with the 401(k) plan at Robert Half International?

Yes, like most 401(k) plans, there may be administrative fees associated with the plan at Robert Half International, but these are typically disclosed to employees.

What investment options are available in the Robert Half International 401(k) plan?

The Robert Half International 401(k) plan offers a variety of investment options, including mutual funds and other investment vehicles, to suit different risk tolerances.

Does Robert Half International allow employees to take loans against their 401(k) savings?

Yes, Robert Half International allows employees to take loans against their 401(k) savings, subject to certain conditions and limits.

How can employees at Robert Half International access their 401(k) account information?

Employees at Robert Half International can access their 401(k) account information through an online portal provided by the plan administrator.

What happens to the 401(k) savings if an employee leaves Robert Half International?

If an employee leaves Robert Half International, they have several options for their 401(k) savings, including rolling it over to another retirement account or cashing it out, subject to tax implications.

Does Robert Half International offer financial education resources regarding the 401(k) plan?

Yes, Robert Half International provides financial education resources to help employees make informed decisions about their 401(k) savings.

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For more information you can reach the plan administrator for Robert Half International at , ; or by calling them at .

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