July 2022 tax and compliance deadlines

American flags, marching bands, and picnics in the park: It’s time to get outside and enjoy the summer. However, don’t forget about some important tax and compliance deadlines for July 2022.

In July, it’s recommended that you:

• File returns or extensions for taxpayers abroad.
• Review tax law changes for 2022.
• Review tax plans for second-quarter estimates for individuals and businesses.

Key Compliance Dates:

Friday, July 1—Semiweekly depositors deposit FICA and withheld income tax on wages paid on June 25-28.

Thursday, July 7—Semiweekly depositors deposit FICA and withheld income tax on wages paid on June 29-July 1.

Friday, July 8 —Semiweekly depositors deposit FICA and withheld income tax on wages paid on July 2-5.

Monday, July 11—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.

Wednesday, July 13—Semiweekly depositors deposit FICA and withheld income tax on wages paid on July 6-8.

Friday, July 15:

• Semiweekly depositors deposit FICA and withheld income tax on wages paid on July 9-12. 
• Social Security, Medicare, and withheld income tax: If the monthly deposit rule applies, deposit the tax for payments made in June.

Wednesday, July 20—Semiweekly depositors deposit FICA and withheld income tax on wages paid on July 13-15.

Friday, July 22—Semiweekly depositors deposit FICA and withheld income tax on wages paid on July 16-19.

Wednesday, July 27—Semiweekly depositors deposit FICA and withheld income tax on wages paid on July 20-22.

Friday, July 29—Semiweekly depositors deposit FICA and withheld income tax on wages paid on July 23-26.

Intuit Accountants Resources:

• The July 2022 calendar with filing deadlines and reminders for you and your clients.
• Key tax facts for 2021 and Key tax facts for 2022.

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