July 2019 Tax and Compliance Deadlines

Stars and stripes, fireworks and streamers … no matter how you’re celebrating America’s birthday, don’t forget to advise your clients on the list of important tax and compliance deadlines for July.

In July, it’s recommended that you:

• Alert clients to 2019 mid-year tax planning opportunities.
• Schedule continuing professional education for 2019 – be sure to check out our education and training for Intuit® ProConnect™ Tax Online, Lacerte® and ProSeries®.

Key Compliance Dates:

Wednesday, July 3 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on June 26-28.

Monday, July 8 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on July 29-July 2.

Wednesday, July 10:

• Tipped employees who received $20 or more in tips during June report them to the employer on Form 4070, Employee’s Report of Tips to Employer.
• Semiweekly depositors deposit FICA and withheld income tax on wages paid on July 3-5.

Friday, July 12 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on July 6-9.

Monday, July 15 – Monthly depositors deposit FICA and withheld income tax for June.

Wednesday, July 17 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on July 10-12.

Friday, July 19 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on July 13-16.

Wednesday, July 24 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on July 17-19.

Friday, July 26 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on July 20-23.

Wednesday, July 31:

• Deposit FUTA tax owed through June if more than $500.
• File Form 941, Employer’s Quarterly Federal Tax Return, for the second quarter of 2019 (if tax deposited in full and on time, file by Aug. 12).
• File 2018 Form 5500, Annual Return/Report of Employee Benefit Plan, or Form 5500-EZ, Annual Return of A One-Participant (Owners/Partners and Their Spouses) Retirement Plan or A Foreign Plan, for calendar-year retirement and benefit plans.
• Semiweekly depositors deposit FICA and withheld income tax on wages paid on July 24-26.

Intuit® ProConnect™ Resources:

• The July 2019 Calendar with filing deadlines and reminders for you and your clients.
• Key Tax Facts for 2018 and Key Tax Facts for 2019.
• 5 Key Tax Changes for Your Individual Clients in 2018 and Key Tax Developments for 2019.

As always, visit Intuit ProConnect for more information and training resources.