Sure I could write this myself, but before I go reinventing the wheel is there a function that already does this?
This is an old question but still worthy of discussion.
Here is my solution, using the excellent dateutil module.
from dateutil import rrule,relativedelta
year = this_date.year
quarters = rrule.rrule(rrule.MONTHLY,
bymonth=(1,4,7,10),
bysetpos=-1,
dtstart=datetime.datetime(year,1,1),
count=8)
first_day = quarters.before(this_date)
last_day = (quarters.after(this_date)
-relativedelta.relativedelta(days=1)
So first_day is the first day of the quarter, and last_day is the last day of the quarter (calculated by finding the first day of the next quarter, minus one day).