CPA Guide
Top CPA Firms in Tennessee
Find trusted, highly-rated Certified Public Accountants across Tennessee. Independently reviewed and ranked by our editorial team.
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CPA Services in Tennessee
Tennessee has no income tax on wages and salaries (it previously taxed investment income, but that was fully eliminated in 2021), making it one of the most tax-friendly states for individuals. The state’s economy is driven by healthcare (Nashville is the healthcare industry’s capital), manufacturing, logistics, and a growing technology sector, while tourism powered by Nashville’s music scene and Great Smoky Mountains adds significant economic activity.
Tennessee’s business-friendly environment has attracted major corporate relocations and expansions, including Amazon, Oracle, and numerous others. CPAs in Tennessee focus heavily on business taxation (the state’s franchise and excise tax applies to most businesses), sales tax compliance, and the financial planning needs of the state’s rapidly growing professional and entrepreneurial class.
Top 6 CPA Firms in Tennessee
Ranked by our editorial scoring system based on verified ratings and review volume
#1
Khoury CPA PLLC
★★★★★ (258 reviews)
📍 610 W College St #136, Murfreesboro, TN 37130
📞 (615) 956-6831
Certified Public AccountantAccountantAccountingBookkeeping
#2
Jerry Tipton CPA
★★★★☆ (226 reviews)
📍 6232 Washington Pike, Knoxville, TN 37918
📞 (865) 688-1883
Certified Public AccountantAccountant
#3
Compere CPA Group, Inc.
★★★★☆ (138 reviews)
📍 14981 Old Hickory Blvd, Nashville, TN 37211
📞 (615) 781-3007
Certified Public AccountantBookkeepingBusiness AdministrationPayroll
#4
Bellenfant, PLLC
★★★★★ (108 reviews)
📍 2919 Berry Hill Dr, Nashville, TN 37204
📞 (615) 370-8700
AccountingAccountantCertified Public Accountant
#5
TriStar Tax and Business Solutions Nashville
★★★★☆ (118 reviews)
📍 1300 Clinton St Ste 204, Nashville, TN 37203
📞 (615) 537-0314
Certified Public AccountantAccountantAccountingBookkeeping
#6
Holmes & Swafford CPAs
★★★★☆ (113 reviews)
📍 820 N Thompson Ln #1e, Murfreesboro, TN 37129
📞 (615) 295-2782
Certified Public AccountantTax ConsultantTax PreparationTax Preparation
🏆 How We Selected These Firms
Our editorial team evaluates CPA firms across Tennessee using a proprietary scoring model that considers:
✓ Google rating — only firms with 4.0 stars or higher are eligible
✓ Review volume — scored using a logarithmic formula to reward genuine review depth
✓ Verified address — firms must have a confirmed physical location
✓ No paid placements — rankings are editorial only, never paid
Last updated: 2025 | Data sourced from verified public business listings
Tennessee CPA & Tax FAQ
Q: Does Tennessee have an income tax on wages?
Tennessee has no income tax on wages, salaries, or most other personal income. The Hall Income Tax, which taxed interest and dividend income, was fully eliminated in 2021. Tennessee is now fully income-tax-free for individuals, making it one of the most tax-friendly states in the nation for workers and investors. Business income is, however, subject to Tennessee’s franchise and excise tax.
Q: What is Tennessee’s franchise and excise tax?
Tennessee’s franchise tax is 0.25% of the greater of: net worth or real/tangible property in Tennessee. The excise tax is 6.5% of net taxable income apportioned to Tennessee. Most businesses operating in Tennessee are subject to both taxes. Pass-through entities may or may not owe these taxes depending on their entity type and income level.
Q: What are Tennessee’s sales tax rates?
Tennessee has one of the highest combined sales tax rates in the nation — a 7% state rate plus local rates of 1.5%–2.75% brings the combined rate to 9.25%–9.75% in most areas. Tennessee broadly taxes most goods and many services. Food items for home consumption are taxed at a reduced rate, but prepared food is taxed at the full rate.
Q: Does Tennessee have favorable tax treatment for healthcare businesses?
Nashville is known as ‘Healthcare City USA,’ home to HCA Healthcare and hundreds of other healthcare companies. Tennessee’s lack of income tax is beneficial for healthcare executives and business owners. Healthcare companies in Tennessee must navigate the complex interplay of federal healthcare regulations and state franchise and excise tax obligations.
Q: How does Tennessee handle estate and gift taxes?
Tennessee repealed its state estate and gift taxes, effective 2016. There is no longer any Tennessee state tax on inherited assets or lifetime gifts. Estates are only subject to the federal estate tax for amounts above the federal exemption. This makes Tennessee one of the most favorable states for estate planning.
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