Business and personal tax work in Smyrna

County

Rutherford County

Property tax (per $100 assessed, 2025)

1.8762 + 0.5257 = 2.4019

Sales tax, combined

9.75%

County Trustee

Teb Batey · Murfreesboro

Assessor of Property

Rob Mitchell · Murfreesboro

Population, 2020 → 2024

53,106 → 60,302

State and city business tax

Filed with the TN Department of Revenue

Straight-line distance

18.5 miles from Franklin

Sources: TN Comptroller, TN Department of Revenue, U.S. Census Bureau. Details

For a calendar-year Smyrna business, a partnership return (Form 1065) or S corporation return (Form 1120-S) is due March 15. A C corporation files Form 1120 by the 15th day of the fourth month, which is April 15 on a calendar year. Tennessee’s franchise and excise return follows the same fourth-month rule and can be extended seven months.

Owners whose business income passes through to their personal returns have a second set of dates. The IRS schedules 2026 estimated payments for April 15, June 15 and September 15, with the last one on January 15, 2027. We line these dates up for each client as part of business tax preparation, so the entity return and the owner’s return are built from the same numbers.

Tennessee charges franchise tax at 0.25 percent of a business’s Tennessee net worth, with a $100 minimum, and excise tax at 6.5 percent of Tennessee taxable income. Since Public Chapter 950 of 2024, the franchise tax no longer has a property measure. For tax years ending on or after January 1, 2024, the Schedule G calculation is gone and the tax rests on net worth.

Quarterly estimated payments come into play once combined franchise and excise liability reaches $5,000 in both the prior year and the current one. A Smyrna company close to that line is better off with a projection before the first quarter closes, which is the kind of work covered under tax projections and advisory.

Smyrna’s rate for tax year 2025 is 2.4019 per $100 of assessed value, combining Rutherford County’s 1.8762 with the town’s 0.5257. The Comptroller of the Treasury publishes those figures in Table VI of its 2025 Tax Aggregate Report. Smyrna has grown from 53,106 residents in April 2020 to an estimated 60,302 in July 2024.

Payments go to Trustee Teb Batey at PO Box 1316, Murfreesboro 37133, and the Assessor of Property, Rob Mitchell, works from 319 N Maple St, Suite 200, in Murfreesboro. Smyrna is 18.5 miles from the center of Franklin. La Vergne and Murfreesboro have pages of their own, and the rate is one of the inputs we review in tax planning.