Philadelphia City Council passed a Fiscal Year 2026 budget on June 12, which includes several changes to the City’s tax structure. Tax rates are dropping, and most importantly, some exemptions are going away. One of them is the $100,000 Business Income and Receipts Tax (BIRT) exemption.
Businesses with under $100,000 in Philadelphia gross receipts were exempt from filing and paying the BIRT. Due to a legal challenge, businesses will not be able to use this exemption starting January 1, 2026, and thereafter. Businesses must file and pay the BIRT (regardless of income) in 2026 for activities conducted in Philly in 2025.
Get prepared now, attend our information sessions
The Departments of Commerce and Revenue are hosting a series of in-person and virtual information sessions to help businesses:
- Understand upcoming changes to the City’s tax structure,
- Prepare for next year (when you need to file for 2025),
- Learn about free tax preparation services and financial support programs, and
- Find out where to get personalized assistance for all aspects of doing business in Philly.
For example, businesses will learn about the Philadelphia Small Business Catalyst Fund and the Mayor’s Business Action Team (MBAT).
Register now
The information sessions are designed to help businesses learn about available resources to help them operate and navigate the tax changes successfully. The events are free, but you need to register. Here are the details and how to register:
Online events
- Webinar 1:
When: Wednesday, June 25, 2025 | 9 a.m. – 11 a.m.
How: By joining this ZOOM Link
- Webinar 2:
When: Thursday, July 10, 2025 | 10 a.m. – 12 a.m.
How: By joining this ZOOM Link
In-person events
- Workshop 1:
When: Thursday, July 24, 2025| 5 p.m. – 7 p.m.
Where: Ciao Events, 7959 Oxford Ave, Philadelphia, PA 19111
How: Sign up today with this Eventbrite link!
- Workshop 2:
When: Tuesday, July 29, 2025| 5 p.m. – 7 p.m.
Where: LA21 (Lancaster Avenue 21st Century Business Association), 3500 Lancaster Avenue, Philadelphia, PA. 10104
How: Use this link to sign up!
- Workshop 3:
When: Thursday, August 7, 2025| 12 p.m. – 2 p.m.
Where: Free Library BRIC, 1901 Vine Street, Philadelphia, PA 19103
How: Use this link to sign up!