Tangible Personal Property

Operating a Business in Williamson County

Tangible Personal Property is defined as assets owned by the taxpayer and used, or held for use, by a business or profession, including but not limited to: equipment, furniture, fixtures, machinery, all raw materials, supplies, but excluding all finished goods of the manufacturer and inventories of merchandise held for sale or exchange.  

Tennessee law requires all businesses to report personal property. Failure to report will result in a forced assessment and is subject to penalty, as provided by TCA 67-5-903C.

Williamson County is working with a software provider (Just Appraised) to accept online files.

The online filing of the Tangible Personal Property Schedule B is the fastest and easiest way to complete and submit your Schedule B whether you are a Business Owner, an Authorized Agent, or Paid Preparer.

To make your online filing as smooth as possible, please take a few minutes to gather your information before you begin.   If you are an Authorized Agent or Paid Preparer filing the Schedule B on behalf of a Business Owner, you will be asked to provide your name, title, and contact info at the end of the filing session.

The Access Code is located on the 2026 Schedule B.   If you have any questions, please contact the Assessor’s Office by calling your appropriate contact person corresponding with the first letter of your business name, see below.

TO FILE YOUR 2026 SCHEDULE B CLICK HERE

Physical/Mailing Address Changes:

Personal Property Address Change Form

Please notify the Assessor’s Office in writing concerning business physical/mailing address changes. 

Please specify whether it is a mailing/physical address change, or both.   

Business Sale or Closure

IMPORTANT: If you sell or close your business, state law requires you to notify the Property Assessor’s office and pay your personal property taxes to the Trustee within 15 days after sale or closure.  Please notify the Assessor in writing of the sale date and the name of purchaser as promptly as possible.

How to Close Your Business

Personal Property Closed Business Form

1. Notify the Property Assessor’s Office in writing, of the date the business closed or is closing, please use form above.

2. Pay any outstanding taxes due to the Trustee (and city collector, if applicable).

3. Notify the State of Tennessee Department of Revenue, County Clerk, and city jurisdictions.

County Clerks Office/Business License Department (615) 790-5732

Tennessee Dept of Revenue (615) 253-0600

Lessors Lease Listing Form

Lessor’s Lease Listing Form

Download the excel file and then email linda.mangrum@williamsoncounty-tn.gov.

Personal Property Important Dates

January

Tangible Personal Property Schedules “Schedule B” mailed.

February 

Taxes due the last working day of February without interest.

March 1^st

Tangible Personal Property Schedules B’s are due.

May

Assessment Change Notices mailed.

June 

County Board of Equalization hearings. 

September 1st

Last day to file an amended schedule for timely filed schedules from the previous year.

October 1st

Taxes for current year are due and payable.

Personal Property Forms

Frequently asked questions:

“What if I owned assets prior to opening my business?”

Any items, whether owned or held in use by your business must be reported.

“Should I list my vehicle?”

Yes,if it's used for business operations,travel,etc., or commercially tagged'

“My account was forced, can I fix this?”

YES, within a certain time frame. Please contact the Assessor’s Office for the proper procedure on rectifying your account.

“What if I only close my business with the State and not the Assessor’s office?”

If you do not close your business with both offices, it will result in delinquent taxes with possible added court costs. 

Note: Please fill out and mail to:

Williamson County Property Assessor
Attn: Personal Property Dept.
1320 West Main Street, Ste 300
Franklin, TN 37064