Headline
Headline
Back to Philadelphia, PA News

Worried about making estimated BIRT payments next year? Were giving you options.

Philadelphia, PALocal News

The City of Philadelphia clarified its Business Income & Receipts Tax (BIRT) policy for businesses filing in 2025 due to a legal challenge impacting the $100,000 exemption. New businesses, which were not required to file in the past three years, will not need to make estimated payments when filing tax returns for 2026. Starting in 2027, these businesses can opt to pay a 100% estimate or make quarterly payments throughout the year. In 2028, they will need to pay an estimated amount equal to the prior year's tax due. This policy aims to ease the tax burden on emerging businesses while ensuring compliance with the tax code.

The City has allowed new businesses to bypass initial estimated payments since 2018, creating a more supportive environment for startups. The Department of Revenue recommends that business owners consult with tax professionals familiar with local taxes. Future announcements regarding free tax preparation services and grant programs are expected from the Department of Commerce.

Related Articles

Philadelphia, PALocal News

Mayor Parker and City Commissioners to Host Press Conference Addressing Access to Secure and Convenient Voting Options Ahead of Election Day

Mayor Parker and City Commissioners will hold a press conference at the Satellite Election Office on October 27, 2025, to promote secure and accessible voting options for Philadelphia residents. The event will also address the mail ballot application deadline of October 28 and encourage voter engagement. Additionally, Mayor Parker will host a townhall meeting with the local Asian community later that day.

Philadelphia, PALocal News

Mayor Parker to Attend Gala Celebrating the Renaming of a Hall at Woodmere Art Museum

Mayor Cherelle L. Parker will attend a gala on October 26, 2025, to celebrate the renaming of Saint Michael’s Hall to Frances M. Maguire Hall for Art and Education at the Woodmere Art Museum in Philadelphia. The hall's renaming follows a $10 million donation from the Maguire Foundation, enhancing the city's art community.

Philadelphia, PALocal News

Free Food. Full Hearts. Stronger Communities.

Philadelphia's Free Food Finder connects residents with local food resources, offering groceries and meals at no cost. The initiative includes various meal sites and support for public benefits like SNAP and WIC, ensuring access to nutritious food for all. No ID is required to access these services, promoting inclusivity for those in need.