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Doing Business in Memphis

Memphis Accounting and Advisory Services

Memphis is the second largest city in Tennessee, with a population of over 652,000, and serves as the seat for Shelby County. Often referred to as Home of the Blues, the name reflects the important role the city played in the development and popularization of the music genre. There are 19,900 businesses located in Shelby County, employing over 429,000 residents. The city is home to the National Civil Rights Museum, Elvis Presley’s Graceland, Beale Street, Memphis Botanic Gardens, and the Orpheum Theatre.

Tennessee Business Incentives

The state offers a variety of incentives to attract new companies, retain existing ones, and capture the attention of growing corporations. These incentives are available to Memphis companies, making targeted machinery investments, creating new jobs, and more. A summary of the available tax credits and deductions includes the Standard Job Credit, Industrial Machinery Tax Credit, Job Tax Credit, and certain state sales and use tax exemptions.

Memphis Business Organizations

There are also several business organizations, chambers, and associations focused on the development of commerce in the area. These groups serve the diverse needs of businesses in different industries facing unique challenges. This includes the Greater Memphis Chamber, Tennessee Small Business Development Center, Back Business Association, Entrepreneur Network Center, Memphis IT Council, Downtown Memphis, and the Tennessee Minority Business Development Agency.

Map of Memphis (TN)

Memphis (TN) Accounting Services

When a Memphis organization experiences a compliance challenge or financial reporting need, they turn to Calvetti Ferguson to help. Whether a start-up or established business, our firm can help with routine compliance issues to more complicated “once in a lifetime” events. The combination of practical experience combined with technical expertise allows team members to bring a fresh perspective to conventional challenges.

Memphis CPA Services

Below is a summary of the accounting, tax, consulting, and technology advisory services offered to Memphis businesses, including:

Contact our Memphis CPAs

Calvetti Ferguson provides tax, accounting, and consulting services to businesses, organizations, and high-net-worth individuals located in Memphis and across Tennessee. If you have questions or need information on how we can help, complete the form below, and a team member will follow up shortly.