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Tennessee: Maximize Your Tax Savings with the Right CPA in the state

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Online CPAs in the state of Tennessee

Getting an appointment with a certified public accountant (CPA) used to mean you had to physically travel to the CPA's office for a face-to-face meeting, and as the client you had to bring all the relevant paperwork the CPA would need to prepare your taxes: receipts, bank statements, spreadsheets and anything else. After several hours (if you're lucky) of you and the CPA going through all of your information together, she would create your tax paperwork and get it ready for filing, charge you a significant fee, and then send everything to the IRS. The hope was always that you would help you receive an tax refund, and that it would be more than you paid for her Tennessee CPA services. But now a better option is out there. It should not be surprising that it's now possible to consult with an experienced tax CPA in Tennessee without ever having to leave your couch – or having to gather any paperwork. This is one of the many services that have become possible in today's age of digital tools and online resources. On top of a powerful A.I. that finds every possible tax deduction for you, FlyFin You gives taxpayers unlimited access, at no additional cost, to a team of tax experts with over 100 years of combined expertise with the Ask a CPA feature. When you provide a few details about your tax situation, a CPA responds to any and every tax question you have, whether it's how to fill out a tax form or how to know if any of the hundreds of deductions that are available apply to you. The CPAs at FlyFin have in-depth knowledge of the tax system and CPA services in Tennessee, including expertise in taxes for self-employed taxpayers such as nurses, delivery drivers and many more, as well as taxes for business structures such as LLCs, S-Corps, sole proprietorships and partnerships.

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Facts and figures about
taxes in Tennessee

13,569

CPAs across the state

tennessee
population

6,910,840

Residents as of 2022

population

460,300

People claiming self- employment tax deductions

population

128,500

S-Corps statewide

population

187,120

People taking itemized deductions

population

426,940

People claiming the QBI deduction

😵‍💫 1 Tennessee CPA for every 300 residents results in high CPA rates

😓 19 million taxpayers missed the filing deadline last year

😨 30 million taxpayers miss deductions without the right tax expert

😣 Almost 1/2 of all Americans pay more tax than necessary

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How to set up an LLC in Tennessee

Tennessee State Income Tax Rates & Brackets for 2023

The following tables represents Tennessee's income tax rates and tax brackets:

SINGLE FILER

Brackets

Rates

n.a

none

MARRIED FILING JOINTLY

Brackets

Rates

n.a

none

Filing Status

Standard Deduction Amt.

Single

n.a.

Couple

#VALUE!

Tennessee State Sales Tax Rates for 2023

County

Tax Rate

Anderson County

9.75%

Bedford County

9.75%

Benton County

9.75%

Bledsoe County

9.75%

Blount County

9.75%

Bradley County

9.75%

Campbell County

9.75%

Cannon County

9.75%

Carroll County

9.75%

Carter County

9.75%

Cheatham County

9.75%

Chester County

9.75%

Claiborne County

9.25%

Clay County

9.75%

Cocke County

9.75%

Coffee County

9.75%

Crockett County

9.75%

Cumberland County

9.75%

Davidson County

9.75%

De Kalb County

9.75%

Decatur County

9.75%

Dickson County

9.75%

Dyer County

9.75%

Fayette County

9.75%

Fentress County

9.75%

Franklin County

9.75%

Gibson County

9.75%

Giles County

9.75%

Grainger County

9.75%

Greene County

9.75%

Grundy County

9.75%

Hamblen County

9.75%

Hamilton County

9.75%

Hancock County

9.75%

Hardeman County

9.75%

Hardin County

9.75%

Hawkins County

9.75%

Haywood County

9.75%

Henderson County

9.75%

Henry County

9.75%

Hickman County

9.75%

Houston County

9.75%

Humphreys County

9.75%

Jackson County

9.75%

Jefferson County

9.75%

Johnson County

9.75%

Knox County

9.75%

Lake County

9.75%

Lauderdale County

9.75%

Lawrence County

9.75%

Lewis County

9.75%

Lincoln County

9.75%

Loudon County

9.75%

Macon County

9.75%

Madison County

9.75%

Marion County

9.75%

Marshall County

9.75%

Maury County

9.75%

Mcminn County

9.75%

Mcnairy County

9.75%

Meigs County

9.75%

Monroe County

9.75%

Montgomery County

9.75%

Moore County

9.50%

Morgan County

9.75%

Obion County

9.75%

Overton County

9.75%

Perry County

9.75%

Pickett County

9.75%

Polk County

9.75%

Putnam County

9.75%

Rhea County

9.75%

Roane County

9.75%

Robertson County

9.75%

Rutherford County

9.75%

Scott County

9.25%

Sequatchie County

9.75%

Sevier County

9.75%

Shelby County

9.75%

Smith County

9.75%

Stewart County

9.75%

Sullivan County

9.75%

Sumner County

9.75%

Tipton County

9.75%

Trousdale County

9.75%

Unicoi County

9.75%

Union County

9.25%

Van Buren County

9.75%

Warren County

9.75%

Washington County

9.75%

Wayne County

9.75%

Weakley County

9.75%

White County

9.75%

Williamson County

9.75%

Wilson County

9.75%

Tennessee State IRS Statistics of Income for 2020

Size of adjusted gross income

Item
(All amounts are in 1000s of dollars)

Number of returns

Number of single returns

Number of joint returns

Number of head of household returns

Number of individuals

Adjusted gross income (AGI)

Total income: Number

Amount

Salaries and wages in AGI: Number

Amount

Business or profession net income (less loss): Number

Amount

Partnership/S-corp net income (less loss): Number

Amount

Self-employed health insurance deduction: Number

Amount

Student loan interest deduction: Number

Amount

Charitable contributions if took standard deduction: Number

Amount

Total itemized deductions: Number

Amount

State and local income taxes: Number

Amount

State and local general sales taxes: Number

Amount

Qualified business income deduction: Number

Amount

Child and dependent care credit: Number

Amount

Child and other dependent tax credit: Number

Amount

Self-employment tax: Number

Amount

Earned income credit: Number

Amount

Refundable education credit: Number

Amount

Recovery rebate credit: Number

Amount

Total tax liability: Number

Amount

Total additional Medicare tax: Number

Amount

Net investment income tax: Number

Amount

Tax due at time of filing: Number

Amount

Total overpayments: Number

Amount

All returns

3,349,310

1,632,950

1,180,300

451,240

6,201,280

221,175,861

3,268,020

224,240,121

2,667,190

149,003,234

605,880

11,022,645

128,500

9,666,619

77,340

526,690

192,210

143,562

838,490

222,211

187,120

8,033,807

27,690

531,744

132,270

397,019

426,940

3,076,400

98,800

52,007

798,200

1,635,683

460,300

1,883,558

616,380

1,467,217

126,240

108,393

635,350

918,174

2,370,350

29,425,144

77,430

174,693

81,340

480,562

587,830

3,887,265

2,653,960

9,213,493

Under $1

119,220

87,900

21,310

6,310

160,440

0

37,990

0

10,870

402,027

20,720

0

7,010

0

2,390

13,293

1,500

1,501

15,510

4,019

0

0

0

0

0

0

0

0

10

7

80

98

5,260

17,637

6,430

9,280

1,860

1,687

67,320

99,631

6,870

21,350

360

895

0

0

3,490

7,957

85,020

239,883

$1 under $10,000

438,020

350,190

41,300

38,560

483,790

2,155,498

437,970

2,229,220

300,290

1,601,862

76,030

207,156

3,650

0

4,240

13,027

4,240

3,262

51,470

12,161

2,460

55,073

200

576

1,640

1,777

1,020

251

0

0

300

117

60,450

43,473

147,690

177,594

14,260

12,197

125,240

191,695

72,160

47,393

20

22

0

0

32,230

15,969

354,150

532,204

$10,000 under $25,000

679,700

432,100

90,870

141,610

1,067,860

11,779,453

679,700

11,975,341

527,250

8,336,230

139,220

941,237

6,860

0

8,180

25,846

15,640

10,815

106,320

26,722

7,070

173,232

520

1,074

4,970

7,000

45,630

30,497

4,900

1,493

72,650

25,937

109,240

186,057

249,370

788,859

31,920

27,287

150,460

230,087

396,980

371,752

50

33

0

0

56,630

64,018

605,180

1,768,641

$25,000 under $50,000

844,040

446,080

190,320

176,700

1,500,720

30,600,823

844,040

30,928,645

734,640

24,593,524

119,670

979,365

12,230

62,554

11,480

47,214

53,090

36,879

183,940

47,423

20,780

528,761

1,760

3,792

13,960

28,169

87,700

142,742

23,960

13,168

257,300

325,165

81,770

217,329

204,400

486,778

29,330

24,975

116,840

162,481

665,900

1,560,094

130

167

0

0

112,070

176,250

727,840

2,105,260

$50,000 under $75,000

458,090

184,060

203,200

55,360

926,890

28,098,138

458,090

28,401,956

395,540

21,725,079

72,510

892,303

12,190

121,724

9,220

48,756

46,320

35,525

141,400

37,741

24,940

658,110

2,470

7,425

16,960

37,236

66,620

173,991

15,740

7,854

149,760

358,336

53,140

180,688

8,500

4,706

15,570

13,295

62,080

81,355

424,990

2,046,008

100

129

20

5

96,820

218,136

360,120

1,025,460

$75,000 under $100,000

277,770

66,030

188,910

17,460

652,420

24,055,403

277,770

24,309,294

239,180

17,923,051

49,740

805,967

11,740

149,743

7,350

44,303

29,490

21,335

106,540

29,144

21,060

590,613

2,660

9,885

14,530

34,815

52,290

173,167

15,080

7,816

103,420

295,945

38,380

156,980

0

0

11,590

9,840

43,150

49,537

272,420

2,063,662

110

144

0

0

71,080

213,680

206,140

689,269

$100,000 under $200,000

390,910

52,290

321,230

12,470

1,014,790

52,675,409

390,910

53,328,240

339,730

38,470,647

83,220

2,217,817

31,040

756,978

15,720

117,629

41,930

34,245

179,860

49,975

50,960

1,671,380

7,780

45,169

36,300

106,354

102,120

543,832

29,090

16,022

165,500

483,498

66,700

402,534

0

0

21,700

19,112

69,070

102,806

389,530

6,131,871

3,680

1,310

1,230

396

140,290

678,941

249,810

1,097,808

$200,000 under $500,000

113,470

11,480

98,760

2,240

314,430

32,547,165

113,470

33,221,698

97,090

21,037,676

34,020

2,713,837

27,340

2,079,011

12,310

130,543

0

0

46,560

13,078

41,540

1,736,917

7,060

109,097

31,270

124,636

53,470

688,721

8,700

4,825

48,990

146,307

32,550

375,281

0

0

0

0

1,190

582

113,410

5,817,873

51,500

41,322

55,300

61,167

59,890

840,522

53,090

572,731

$500,000 under $1,000,000

18,820

1,790

16,470

370

54,190

12,686,193

18,820

12,984,011

15,430

6,812,401

6,980

1,144,829

9,760

1,931,565

3,890

50,447

0

0

5,180

1,469

11,510

734,868

2,490

57,370

8,670

38,758

11,240

252,182

1,050

639

200

280

8,110

138,830

0

0

0

0

0

0

18,820

3,136,159

14,610

48,673

16,300

72,805

10,620

528,842

8,090

289,232

$1,000,000 or more

9,280

1,040

7,940

170

25,760

30,450,482

9,280

30,677,029

7,170

8,100,737

3,770

1,571,729

6,680

5,912,726

2,570

35,632

0

0

1,720

479

6,810

1,884,853

2,760

297,356

3,970

18,274

6,850

1,071,017

270

183

0

0

4,700

164,749

0

0

0

0

0

0

9,280

8,228,982

6,890

81,998

8,490

346,189

4,720

1,142,950

4,520

893,005

Frequently Asked Questions

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What exactly does a Tennessee CPA do?

What makes Smart CPAs different?

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Why does FlyFin offer Smart CPAs?

FlyFin was developed for freelancers, gig workers, independent contractors and sole proprietors because they're responsible for so much more when it comes to taxes and are more in need of expert tax advice than perhaps any other kind of taxpayer. With a robust artificial intelligence, FlyFin tracks business expenses automatically for self-employed individuals and identifies every possible tax-saving write-off. FlyFin also makes it possible for any kind of taxpayer to file taxes and leave 95% of the work to FlyFin CPAs. They prepare tax returns with guaranteed 100 percent accuracy, saving taxpayers time and money. By downloading the FlyFin app, they can complete the process of getting their taxes in fewer than 15 minutes.
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