True North Tax Services LLC

True North Tax Services LLC Offering you professional tax preparation services at an affordable price. Filing your taxes can be stressful. Passed the IRS exam for Enrolled Agent in 2005.

I have been preparing and filing taxes professionally for more than 20 years with one goal: to give my clients the peace of mind knowing their filings are done right. Rest assured knowing that your tax matters are competently and accurately handled. And when a need arises, our firm is ready and capable to handle everything for you so you can focus on what matters most to you. I work with you on a

personal level to determine the best solutions for your unique needs and achieve the best possible results, saving you money and time. I graduated from Cleveland State University with a Bachelors degree in Business Administration majoring in Accounting.

The IRS is more likely to audit certain types of businesses, such as those that are primarily cash-based. Although you p...
07/21/2026

The IRS is more likely to audit certain types of businesses, such as those that are primarily cash-based. Although you probably can’t change the nature of your transactions, you can control the accuracy of your tax returns. Minimize errors by maintaining meticulous documentation. Generally, you should keep tax records for at least three years — the normal statute of limitations for an IRS adjustment. And don’t try to go it alone: Call us at (440) 747-7041 for help reducing the likelihood of attracting IRS scrutiny, as well as for support if your tax return is ever questioned.

If you have a traditional pension and are approaching retirement, get ready to make some decisions! Pension plans usuall...
07/20/2026

If you have a traditional pension and are approaching retirement, get ready to make some decisions! Pension plans usually give retirees a choice between receiving payouts as a lump sum or an annuity. A lump-sum distribution allows you to invest the money as you see fit. Annuity payments can provide guaranteed income for life. Call us at (440) 747-7041 to discuss the costs, risks and advantages of each option.

The ultimate success of a business often comes back to decisions made at its inception. If you’re planning to start a bu...
07/17/2026

The ultimate success of a business often comes back to decisions made at its inception. If you’re planning to start a business, one key decision is choosing its structure, commonly sole proprietorship, C corporation, S corporation, partnership or limited liability company. In addition to owner liability variations, all have different tax requirements that can affect everything from hiring to cash flow to owner income. Another critical decision is choosing a tax year — either a calendar year or a fiscal year (12 consecutive months ending on the last day of any month except December). Call us at (440) 747-7041. We can help you make the best decisions for your current situation and your business’s future.

One of the easiest ways to reduce the size of your taxable estate is to take advantage of your gift tax annual exclusion...
07/15/2026

One of the easiest ways to reduce the size of your taxable estate is to take advantage of your gift tax annual exclusion. For 2026, you can transfer up to $19,000 per recipient gift-tax-free. And you can double the exclusion to $38,000 per recipient if you split the gifts with your spouse. But it’s critical to understand the rules of gift-splitting to avoid unintended tax consequences. To elect to split gifts, the spouse making the gift must file a gift tax return, and the other spouse must consent by checking a box on the return and signing it. Contact us at (440) 747-7041 for additional details.

You’ll probably owe tax on your retirement income — how much depends on factors such as the types of retirement accounts...
07/14/2026

You’ll probably owe tax on your retirement income — how much depends on factors such as the types of retirement accounts you own and your other income sources. In general, retirees should withdraw funds from any taxable accounts first, tax-deferred accounts second and tax-free accounts last. But different withdrawal strategies may benefit you. The important thing is to start planning before you retire. Call us at (440) 747-7041 for help.

Business owners and self-employed individuals who use their vehicle for business may be able to deduct auto-related expe...
07/13/2026

Business owners and self-employed individuals who use their vehicle for business may be able to deduct auto-related expenses. But if a vehicle (including a car, van, pickup or panel truck) is used both for business and personal purposes, the expenses must be split based on mileage. These rules apply to both owned and leased vehicles. There are two methods for calculating auto expenses: actual expenses and the standard mileage rate. Both require careful recordkeeping, though using the mileage rate is generally easier. Contact us at (440) 747-7041 to determine which method makes sense for your situation.

Home renovations can improve a residence’s comfort, functionality, aesthetics and resale value. They might also provide ...
07/10/2026

Home renovations can improve a residence’s comfort, functionality, aesthetics and resale value. They might also provide tax benefits. You may be able to deduct mortgage interest on debt used to substantially improve your home. Certain improvements can also increase your tax basis, potentially reducing taxable gain when you sell. Medically necessary modifications may qualify as deductible medical expenses, subject to limits. And if you overlooked claiming now-expired credits for qualifying energy-efficient home improvements you made in 2025, an amended return may be worth considering. Call us at (440) 747-7041 to talk taxes before or after a home renovation.

Roth IRA and Roth 401(k) accounts help you save for retirement with after-tax dollars. Both accounts grow tax-free, and ...
07/08/2026

Roth IRA and Roth 401(k) accounts help you save for retirement with after-tax dollars. Both accounts grow tax-free, and distributions are also tax-free if you meet certain conditions. However, higher earners may be ineligible to contribute to a Roth IRA. Income limits don’t apply to Roth 401(k)s, which also allow higher annual contributions. If you’re unsure where to put your retirement savings, contact us at (440) 747-7041 for more information on the tax considerations.

Your business can show a profit on paper and still face cash shortages because profit and cash flow measure different th...
07/07/2026

Your business can show a profit on paper and still face cash shortages because profit and cash flow measure different things. Profit reflects revenue minus expenses, while cash flow tracks the movement of cash in and out of your business. Cash shortfalls are especially common for growing businesses. That’s because you typically must pay suppliers, vendors and lenders upfront, and then wait for customers to pay you. Understanding the difference between profit and cash flow — and how to account for each — can help you make smarter financial decisions. Contact us at (440) 747-7041 to learn strategies for improving cash flow management.

The 40% generation-skipping transfer (GST) tax generally applies to transfers made to people two generations or more bel...
07/06/2026

The 40% generation-skipping transfer (GST) tax generally applies to transfers made to people two generations or more below you, like your grandchildren. And it applies on top of any gift or estate tax due. The good news is that a large GST tax exemption is available: $15 million for 2026. So most taxpayers don’t need to worry about the GST tax. But if you have a large estate, you can allocate your GST tax exemption to contributions to a dynasty trust and allow assets to skip several generations of taxation. Contact us at (440) 747-7041 to learn more.

Address

5556 Pearl Road
Parma, OH
44129

Opening Hours

Monday 9am - 7pm
Tuesday 9am - 7pm
Wednesday 9am - 7pm
Thursday 9am - 7pm
Friday 9am - 7pm

Telephone

(440) 747-7041

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