Compliance: July 2015 Tax Deadline Dates

Here are July 2015 Tax Deadline Dates that you should be aware of when fulfilling your tax compliance requirements when preparing and filing your taxes.

July 2015 Tax Deadline Dates

• July 1— Occupational excise taxes
  File Form 11C to register and pay the annual tax if you are in the business of accepting wagers.
• July 4— Everyone
  Federal Holiday (Independence Day) – Details
• July 10— Employees who work for tips
  If you received $20 or more in tips during June, report them to your employer – Details
• July 10— Communications and air transportation taxes under the alternative method
  Deposit the tax included in amounts billed or tickets sold during the first 15 days of June.
• July 14— Regular method taxes
  Deposit the tax for the last 15 days of June.
• July 15— Social security, Medicare, and withheld income tax
  If the monthly deposit rule applies, deposit the tax for payments in June.
• July 15— Nonpayroll withholding
  If the monthly deposit rule applies, deposit the tax for payments in June.
• July 27— Communications and air transportation taxes under the alternative method
  Deposit the tax included in amounts billed or tickets sold during the last 15 days of June.
• July 29— Regular method taxes
  Deposit the tax for the first 15 days of July.
• July 31— Social security, Medicare, and withheld income tax
  File Form 941 for the second quarter of 2015. Deposit or pay any undeposited tax under the accuracy of deposit rules.
• July 31— Certain small employers
  Deposit any undeposited tax if your tax liability is $2,500 or more for 2015 but less than $2,500 for the second quarter.
• July 31— Federal unemployment tax
  Deposit the tax owed through June if more than $500.
• July 31— All employers
  If you maintain an employee benefit plan, such as a pension, profitsharing, or stock bonus plan, file Form 5500 or 5500EZ for calendar year 2014. If you use a fiscal year as your plan year, file the form by the last day of the seventh month after the plan year ends.
• July 31— Form 720 taxes
  File Form 720 for the second quarter of 2015.
• July 31— Wagering tax
  File Form 730 and pay the tax on wagers accepted during June.
• July 31— Heavy highway vehicle use tax
  File Form 2290 and pay the tax for vehicles first used in June.

Karla Dennis

As seen in Forbes Magazine, Karla Dennis is an expert tax and business strategist. As an enrolled agent, Karla is licensed to represent taxpayers in all 50 states. She holds a Masters in Taxation and Business Development and is the author of two books, Tax Storm and Against the Odds.

Karla, CEO of consultancy firm Karla Dennis And Associates, Inc.™, has saved her clients thousands of dollars and has been featured in various media outlets such as Forbes, MSNBC, KTLA, Yahoo! Finance, and SmartMoney, marking her as the ultimate tax expert.

As of 2014, Karla became the new host on the “Mind Your Business” radio show, KTLK AM 1150, sharing her financial and business knowledge with the greater Orange County and Los Angeles areas. As a supporter of women’s rights and issues, Karla is part of the Women Network, an organization built to educate and mentor women. In addition, Karla is the radio host for Women Network Radio, a show that aims to uplift and empower women of all walks of life.