Bello, Reilley, McGrory & DiPippo, P.C.

Good Evening, Attached please find a letter from Council President Kyle Shenk to the residents and business owners of Bridgeport. Bridgeport Borough Council and Staff wish each of you a Happy New Year, and join you in hoping for a brighter and healthier 2021.

MERRY CHRISTMAS & HAPPY HOLIDAYS !!!

December 22, 2020 Press Release: Philadelphia wage tax for Bridgeport workers working from home in Bridgeport... Bridgeport Borough residents who worked in the city of Philadelphia during 2020 and have been required by their employer(s) to work from home, have the opportunity to realize a tax savings in 2021. The Philadelphia wage tax is currently 3.448% while Bridgeport’s earned income tax for the borough totals 1%. Potentially a direct savings of some 2.448% on your total taxable income. In order to realize this savings, it is important that you contact your payroll or human resource department and request that they establish an account with the Borough’s third-party payroll collection agent, Berkheimer Tax Innovations at 610-599-3139 or their website https://www.hab-inc.com/. Upon doing so your employer will then begin to withhold your taxes based on your home as your work location. As noted above, the current wage tax rate is 1%, and you will also be subject to the borough's Local Services Tax of $1.00 per week/$52.00 per year. If you are self-employed you should already have a direct account with Berkheimer for the required quarterly payments of both taxes. It is important to note that borough residents receive a direct offset for any wage and/or net profits taxes paid to Philadelphia. Meaning that if you have paid Philadelphia during 2020 it would be applied directly against any liability for taxes properly due to Bridgeport Borough.