Tennessee has no state income tax, so tax time here comes down to one thing done well: an accurate federal return that claims everything you're owed. Compass Tax Center handles exactly that — personally, year-round, and 100% virtually. From Memphis to the Tri-Cities, we're a secure upload and a phone call away.
Tennessee stopped taxing interest and dividends in 2021, so there's no state income tax of any kind anymore. For most Tennesseans that leaves one federal return — and we make sure it's accurate, on time, and claims every dollar you're owed.
No state form to wrestle with means your energy goes where it counts — a federal return that's right the first time. Whatever your year looked like, we handle it, and we're here after April, too.
In 2024, Tennessee repealed the property-based measure of its franchise tax and authorized refunds to businesses that had paid under the old rules. Many Tennessee companies were owed money back — but the refund window and paperwork had firm deadlines.
If you own a Tennessee business, this may still affect your filings and prior returns. We can review whether it applied to you and make sure your franchise and excise filings are right going forward.
Tennessee's “no income tax” reputation is real — but its sales tax is among the nation's highest, and businesses have their own filings. If any of these are you, they're firmly in our wheelhouse.
You don't need a tax office down the road — you need the right person handling your return. Everything we do is secure and fully virtual, so working with us is exactly as easy from Johnson City as it is from Nashville. And since we serve all 50 states, if life moves you out of Tennessee, your tax help doesn't have to change.
Start now or book a free consultation. We're here year-round — for tax season and everything after it.