The tap shoe with an adjustable tap assembly facilitates changing taps and can be used to alter the sound of the tap. The tap shoe with an adjustable tap assembly is a tap shoe having a toe portion and a heel, two taps, two metal spacer plates, machine screws, and nuts. The nuts are embedded in the heel and toe portion of a tap dancing shoe. The spacer plates are attached to the heel and toe portions, respectively, with adhesive and nails. Machine screws then secure the taps to the nuts in the toe portion and heel of a tap dancing shoe, being inserted through holes in the spacer plates. Self-locking nuts are used to eliminate the possibility of the machine screws vibrating loose.