Tax Law and News

July 2025 tax and compliance deadlines

Written by Christopher J. Picciurro, CPA/PFS, MBA, ARA
Modified Jun 18, 2025
1 min read

The temps may be heating up, but we’re keeping it cool at Intuit Accountants. Check out these important tax and compliance deadlines for July 2025, and be sure to share this list with your clients.

In July, it is recommended that you:

File Q2 excise tax and payroll returns: Prepare and file Forms 720, Quarterly Federal Excise Tax Return; 941, Employer’s Quarterly Federal Tax Return; and 5500, Annual Return/Report of Employee Benefit Plan.
S Corporation and partnership planning: Confirm that clients are on track for the September 15 extension deadline.
Mid-year payroll audit: Conduct payroll compliance checks to avoid year-end issues.
Enroll in a specialized tax course: Dive into any area you haven’t explored to expand your expertise, such as cryptocurrency taxation or international tax laws.

Key Compliance Dates

Thursday, July 10—Tips reporting for June.

Monday, July 14—Regular method excise taxes deposit for the last 15 days of June.

Tuesday, July 15—Monthly payroll tax deposit for June (Form 941).

Friday, July 25—Communications and air transportation taxes deposit for the last 15 days of June.

Tuesday, July 29—Regular method excise taxes deposit for the first 15 days of July.

Thursday, July 31:

Form 941 for Q2 2025 due.
Form 720 (Q2 excise tax) and Patient-Centered Outcomes Research (PCOR) Fee due.
Form 5500 for employee benefit plans (if applicable).
Wagering tax (Form 730, Monthly Tax Return for Wagers) and Form 2290, Heavy Highway Vehicle Use Tax Return) for June due.

Intuit® Accountant Resources

The July 2025 calendar with filing deadlines and reminders for you and your clients.
Navigating the tax landscape
Intuit Tax Guide 2024
IRS annual inflation adjustments for tax years 2024 and 2025
Key Tax Facts for 2024 and Key Tax Facts for 2025

Chris Picciurro is a highly respected expert in U.S.-based tax planning and strategy for real estate investors. Based in Franklin, TN, where he resides with his family, Chris is an accomplished public speaker, recognized for delivering informative and engaging presentations at notable events hosted by organizations such as the National Association of Tax Professionals (NATP), Michigan Association of CPAs, and the Memphis Investment Group. He also previously participated as an Adjust Professor at Baker College and Davenport University. Chris served on the Intuit Tax Council from 2017-2020, and is a co-founder and executive officer of the Integrated CPA Group, founder of Teaching Tax Flow, and the Monthly Recurring Revenue Institute. More from Christopher J. Picciurro, CPA/PFS, MBA, ARA