Accounting for lawyers in Kingston
Law firms carry trust accounting obligations, WIP and disbursements, and partner draws, on top of the usual corporate books. In Kingston, 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 Kingston, books handled
Kingston's professional, health, and service businesses are a natural fit for a flat-monthly firm that keeps the books current and files the T2.
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 Kingston 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 Kingston lawyers choose taxifi
Kingston's demand is anchored by institutions — the university, the hospitals, the military, corrections — and its heritage housing stock keeps skilled local businesses busy year-round. It is a smaller market where reputation travels fast, and where owners tend to know their customers better than they know their numbers.
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 Kingston 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
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 Kingston practice, that is a calculation from your real numbers, and it is the kind of advisory taxifi includes rather than bills by the hour.
How is my work-in-progress taxed?
For most professionals, the old ability to exclude work-in-progress from income has been phased out — WIP is now generally brought into income as it accrues, valued under the current rules. Practically, that means unbilled time isn't invisible to tax, and a firm that tracks WIP monthly plans for it while a firm that doesn't meets it at year-end as a surprise.
Is taxifi a fit for a smaller Kingston business, or is it built for big companies?
It is built for exactly this size of business — incorporated, owner-run, a handful of staff or none. The flat monthly price is scoped to your actual volume, so a Kingston business isn't paying for capacity it doesn't use. Bigger only means the quote is revisited.
I already have a bookkeeper or accountant in Kingston. 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 Kingston law firm, books and taxes handled
One flat monthly price for incorporated Ontario businesses, quoted live on a short call.
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