August 11 - Report Tips to Employer
If you are an employee who works for tips and received more than $20 in tips in July, you must report it to your employer using IRS Form 4070 by August 11. Your employer is required to deduct FICA and income tax withholding for these tips from your normal pay. If your regular wages are insufficient to pay FICA and tax withholding, your employer will record the uncollected withholding in box 8 of your annual W-2. When you file your annual return, you will be obligated to pay any uncollected withholdings.
August 2025 Business Due Dates
August 11 - Social Security, Medicare and Withheld Income Tax
Fill out Form 941 for the second quarter of 2025. This deadline applies only if you deposited the tax for the quarter in whole and timely.
August 15 - Social Security, Medicare and Withheld Income Tax
If you are an employer and the monthly deposit regulations apply, the deadline for submitting your Social Security, Medicare, and withheld income tax deposits for July 2025 is August 15. This is also the deadline for the nonpayroll withholding deposit for July 2025, assuming the monthly deposit rule applies.
Weekends & Holidays:
If a due date comes on a Saturday, Sunday, or legal holiday, it is automatically extended to the following working day that is not a legal holiday.
Disaster Area Extensions:
Please keep in mind that when a geographic area is classified as a disaster area, deadlines will be extended. For further information on whether an area has been declared as a disaster area and the filing extension dates, please visit the following websites:
FEMA: https://www.fema.gov/disaster/declarationsIRS: https://www.irs.gov/newsroom/tax-relief-in-disaster-situations
