The City of Philadelphia’s FY 2026 budget introduces several changes to the city’s tax structure. While tax rates are decreasing, some exemptions are being eliminated — including the $100,000 Business Income and Receipts Tax (BIRT) exemption. These adjustments will affect all businesses operating in the city.
Businesses can sign up to be notified when free tax prep services for small businesses will be available.
Businesses and entrepreneurs can reach out to the Department of Commerce’s Mayor’s Business Action Team (MBAT) for support in multiple languages at or 215-683-2100.
