Philadelphia Introduces Free Business Tax Assistance Program for Small Businesses

The City of Philadelphia is launching a free business tax assistance program for small businesses with revenue under $250,000. The program will provide local, state, and federal tax preparation assistance, including navigating changes to the City's tax structure. Eligible businesses must be based in Philadelphia and have a maximum revenue of $250,000 in 2024. The program will be administered by the Department of Commerce and will offer in-person and virtual services in multiple languages.

The City of Philadelphia is set to launch a free business tax assistance program, targeting small businesses with revenues under $250,000. This initiative aims to provide comprehensive tax preparation assistance, including navigating changes to the city's tax structure. The program will be administered by the Department of Commerce and will offer both in-person and virtual services in multiple languages.

Eligible businesses must be based in Philadelphia and have a maximum revenue of $250,000 in 2024. The program is designed to help small businesses navigate the complexities of local, state, and federal tax regulations, ensuring compliance and optimizing tax benefits.

The program will be available to small businesses that meet the specified revenue threshold and are located within Philadelphia's boundaries. Businesses can expect to receive assistance in various areas, including tax planning, compliance, and preparation. The Department of Commerce will oversee the program, ensuring that all services are delivered efficiently and effectively.

For more information on the program and how to apply, interested businesses can contact the Department of Commerce. The program is expected to be a valuable resource for small businesses in Philadelphia, helping them manage their tax obligations and focus on growth and innovation.

References:
[1] https://www.uschamber.com/co/run/business-financing/small-business-grants-and-programs