Tax Law and News July 2018 Tax and Compliance Deadlines Read the Article Open Share Drawer Share this: Click to share on X (Opens in new window) X Click to share on Facebook (Opens in new window) Facebook Click to share on LinkedIn (Opens in new window) LinkedIn Written by Intuit Accountants Team Published Jun 29, 2018 2 min read Happy birthday, America! As we celebrate with flags, cookouts and fireworks, let’s take a look at this month’s important tax and compliance deadlines. In July, it is recommended that you: Alert clients to 2018 mid-year tax planning opportunities. Schedule Continuing Professional Education for 2018. Key Compliance Dates: Thursday, July 5 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on June 27-29. Friday, July 6 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on June 30 – July 3. Tuesday, July 10 – Tipped employees who received $20 or more in tips during June report them to the employer on Form 4070, Employee’s Daily Record of Tips and Report to Employer. Wednesday, July 11 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on July 4-6. Friday, July 13 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on July 7-10. Monday, July 16 – Monthly depositors deposit FICA and withheld income tax for June. Wednesday, July 18 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on July 11-13. Friday, July 20 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on July 14-17. Wednesday, July 25 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on July 18-20. Friday, July 27 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on July 21-24. Tuesday, July 31: Deposit FUTA tax owed through June if more than $500. File Form 941, Employee’s Quarterly Federal Tax Return, for the second quarter of 2018 (if tax deposited in full and on time, file by Aug. 10). File 2017 Form 5500, Annual Return/Report of Employee Benefit Plan, or 5500-EZ, Annual Return of One-Participant (Owner and Their Spouses) Retirement Plan, for calendar-year retirement and benefit plans. Intuit® ProConnect™ Resources: The July 2018 Calendar with filing deadlines and reminders for you and your clients Key Tax Facts for 2017 and Key Tax Facts for 2018 New Tax Developments for 2017 and Beyond and 5 Key Tax Changes for Your Clients in 2018 As always, visit Intuit ProConnect for more information and training resources. Previous Post What the Wayfair Case Means for Sales Tax Next Post IRS Announces They Are Working on a New 1040 Tax… Written by Intuit Accountants Team The Intuit® Accountants team provides ProConnect™ Tax, Lacerte® Tax, ProSeries® Tax, and add-on software and services to enable workflow for its customers. Visit us online or follow us on X, Instagram, Facebook, and LinkedIn. More from Intuit Accountants Team Comments are closed. Browse Related Articles Client Relationships Google review templates for tax pros Workflow tools ProConnect™ Tax AI-powered Client Briefing Workflow tools Early onboarding is a must for new tax software Tax Law and News June 2025 tax and compliance deadlines Tax Law and News 7 unrealistic ways people spent their tax refunds Workflow tools Shopping for new tax software? Grow your practice Increasing revenue without increasing clients Practice Management Top 3 reasons tax firms choose hosting Practice Management Hosted, cloud solutions, or on-prem? Practice Management How to stay in lockstep with the IRS “Security Six”