Philadelphia’s BIRT Proposal: Small-Business Relief or a Tax-Planning Opportunity?
Philadelphia’s Proposed BIRT Exemption: Small-Business Relief With Two Big Questions Philadelphia’s small businesses need meaningful tax relief. But a proposal to exempt sole proprietors and single-member LLCs from the Business Income and Receipts Tax, commonly known as BIRT, raises two important questions: Would the exemption withstand a PA constitutional challenge? And could it create tax-saving
