Accounting for lawyers in Hamilton
Law firms carry trust accounting obligations, WIP and disbursements, and partner draws, on top of the usual corporate books. In Hamilton, taxifi handles it online: books current every day, filings on time, and a Canadian accountant reviewing and signing every file.
CRA EFILE authorized · Every file reviewed by an accountant · Switching is free — about an hour of your time
Lawyers in Hamilton, books handled
Hamilton blends established trades and manufacturing with a growing wave of new owner-operated businesses across the city.
For lawyers specifically, taxifi covers the work below as part of one flat monthly price, with Ontario’s HST, WSIB, and Employer Health Tax handled inside the service:
- Corporate bookkeeping (kept separate from trust accounting)
- Disbursement and WIP tracking
- Payroll for staff and associates
- HST returns prepared and filed
What we take off a Hamilton law firm’s plate
Operating books, kept off your trust account
Trust accounting has its own Law Society rules; we keep your firm's operating and corporate books current and coordinate cleanly with your trust records.
WIP and disbursements
Work in progress and disbursements are tracked so revenue reflects the work actually done and billed.
Associate and staff payroll
Payroll runs on schedule with source deductions to CRA on time and T4s ready at year-end.
Why Hamilton lawyers choose taxifi
Hamilton's economy has manufacturing bones and a renovation-era present: older housing stock being rebuilt street by street, waterfront and downtown redevelopment, and GTA spillover bringing new customers — and new competition — up the escarpment. It is a growth market that rewards businesses ready to scale cleanly.
That context shapes the work: trust obligations, work-in-progress, and bookkeeping the Law Society expects to be immaculate is the normal state of a Hamilton law firm's paperwork. taxifi absorbs it — daily AI bookkeeping, accountant-signed filings — so the operating books stay clean and the trust records stay untouchable.
Common questions
How should trust money show up in my firm's books?
It shouldn't — not as revenue, and never mixed with operating funds. Trust money belongs to clients, sits in its own account with its own meticulous records and reconciliations, and moves to the operating side only when it is actually earned and billed. The firm's books have to keep that wall perfect, because the Law Society audits the wall, not the intentions.
Can I practise through a professional corporation?
Ontario lawyers can practise through a professional corporation under Law Society rules, with share ownership generally restricted to licensees — and whether it is worth doing depends on how much income you can afford to leave in the corporation. For a Hamilton practice, that is a calculation from your real numbers, and it is the kind of advisory taxifi includes rather than bills by the hour.
We're growing with Hamilton. Can taxifi scale as we do?
That is the design. The flat monthly price is quoted for the size you are now and revisited as you grow — adding payroll when you hire, HST filings as volumes rise, and advisory when the decisions get bigger. Growing Hamilton businesses shouldn't outgrow their bookkeeping every eighteen months.
I already have a bookkeeper or accountant in Hamilton. How hard is switching?
The switch is free: we deal with your current provider directly, collect your file and history, and take over the monthly work. Any catch-up is scoped and priced before you commit. Your part is about an hour, and mid-year is fine.
Your Hamilton law firm, books and taxes handled
One flat monthly price for incorporated Ontario businesses, quoted live on a short call.
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