Life moves quickly. It’s easy to get distracted. But that can be costly.
Miss an important financial date or deadline, and you could be on the hook for a penalty or lose out on a limited-time opportunity to save money.
Enter our “Money Calendar” series.
In this edition, we’ve rounded up the noteworthy money dates in June 2025. Take a look and mark your calendar with any dates that apply to you. And if you enjoy this series, sign up for the Money Talks Newsletter so you don’t miss the next edition. Look for it on the last weekday of every month.
Atlantic hurricane season starts — June 1
Hurricane season might not seem like a financial event offhand, but the degree to which you prepare for it could directly affect your finances if you live in a hurricane-prone area.
If you’re unsure how or where to start, you can find hurricane preparedness tips from authorities like the American Red Cross and the National Oceanic and Atmospheric Administration, which is home to the National Hurricane Center.
Florida’s Disaster Preparedness Sales Tax Holiday — June 1-14
Just as some states offer back-to-school sales tax holidays, during which they waive sales taxes on purchases like school supplies, some states offer disaster preparedness sales tax holidays.
During these periods, sales taxes are waived for certain products needed to prepare for hurricanes or other natural disasters.
Florida now has two such sales tax holidays per year. The state’s first Disaster Preparedness Sales Tax Holiday starts June 1. A list of products that qualify for the tax break is available on the state’s Department of Revenue website.
Deadline for estimated tax payments — June 16
This is the deadline for the second quarterly installment of estimated taxes for the 2025 tax year — the one for which your tax return is due by April 2026. This deadline applies to the self-employed and other workers who earn income that isn’t subject to withholding, who use IRS Form 1040-ES to pay this tax.
Tax return deadline for overseas extension filers — June 16
If you are a U.S. citizen or resident alien living overseas or on military duty outside the U.S. and you requested an extension to file your federal income tax return, it’s typically due June 15. That date falls on a Sunday this year, however, so the deadline is the next business day: Monday, June 16.
Taxpayers living overseas only get a two-month extension, whereas U.S.-based taxpayers who request an extension get an extra six months.
Federal Reserve meeting — June 17-18
The Federal Reserve’s Federal Open Market Committee (FOMC) generally meets eight times a year. On the second day of these two-day meetings, the committee votes on whether to change its target range for the federal funds rate. So June 18 is the next time that they might change it.
Any change to the federal funds rate can affect everything from your savings account yield to your credit card interest. To learn more about what this means for you, check out “What Is ‘the Fed’ — and Why Should You Care?”
Juneteenth — June 19
Juneteenth is a federal holiday. So expect many financial institutions to be closed.
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