taxifi

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About taxifi

taxifi provides daily bookkeeping and tax filing services for incorporated Canadian businesses. The service uses AI to categorize transactions and keep accounts balanced, while a Canadian accountant reviews and signs off on every monthly report. Taxes including HST, payroll taxes, and year-end T2 filings are handled by the accountant and included in a flat monthly fee. Clients receive a live dashboard showing money in the business and amounts owed to the CRA. The service targets incorporated businesses with employees on payroll, including trades, marketing firms, professional services, health practices, real estate, e-commerce, and restaurants. Setup involves connecting bank accounts, credit cards, and payroll systems once, after which AI processes transactions daily and the accountant provides ongoing tax planning and business advisory. All data is stored in Canada and the service is CRA EFILE authorized.

Key features

  • AI-powered daily transaction categorization
  • Monthly accountant review and signing of reports
  • HST, payroll, and T2 tax filings included
  • Live dashboard showing money in pocket and CRA obligations
  • Unlimited accountant advisory and questions
  • Payroll runs and source deductions handled
  • Year-end slips and corporate tax returns included
  • Business advisory on tax planning and cash flow

Use cases

  • Daily bookkeeping for incorporated Canadian businesses
  • HST and payroll tax filing for businesses with employees
  • Year-round tax planning and business advisory for incorporated entities

Pros

  • Daily bookkeeping with AI categorization
  • Flat monthly pricing with no hourly billing
  • All filings handled by a Canadian accountant
  • Live dashboard tracking cash flow and tax obligations
  • CRA EFILE authorized and data stored in Canada

Cons

  • Requires incorporated Canadian businesses with payroll
  • Pricing determined via discovery call, not transparent upfront
  • No free tier or self-service option

Frequently asked questions about taxifi

What does taxifi do for incorporated Canadian businesses?

taxifi provides daily bookkeeping, tax filing, and business advisory services for incorporated Canadian businesses. It uses AI to categorize transactions and keep accounts balanced, while a Canadian accountant reviews and signs off on every monthly report, including HST, payroll taxes, and year-end T2 filings.

Who is taxifi designed for?

The service targets incorporated Canadian businesses with employees on payroll, including trades, marketing firms, professional services, health practices, real estate, e-commerce, and restaurants.

How does taxifi handle pricing?

taxifi operates on a flat monthly fee that includes daily bookkeeping, tax filings, and ongoing advisory services, with no hourly billing or surprise invoices.

What integrations does taxifi support?

Clients connect their bank accounts, credit cards, and payroll systems once during setup, after which AI processes transactions daily.

Can taxifi handle industry-specific accounting needs?

Yes, taxifi supports over 54 industries, each with tailored accounting solutions, such as tracking lumpy commissions for real estate professionals or managing tipped payroll for restaurants.

How do I get started with taxifi?

Getting started involves a one-time setup call to connect financial accounts, after which AI processes transactions daily and a Canadian accountant reviews and files taxes monthly.

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