Accounting for lawyers in London
Law firms carry trust accounting obligations, WIP and disbursements, and partner draws, on top of the usual corporate books. In London, 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 London, books handled
London, Ontario supports a broad base of professional practices, trades, and health businesses that benefit from current books and included year-end tax.
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 London 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.
Common questions
Do you work with lawyers in London?
Yes. taxifi works with incorporated lawyers across London and the rest of Ontario. Everything happens online, with books current every day, filings on time, and your data stored in Canada, so there is no office visit to schedule.
What does taxifi handle for a London law firm?
Monthly bookkeeping, payroll and source deductions, HST returns, and the year-end corporate tax return (T2), all under one flat monthly price, reviewed and signed by a Canadian accountant. Ontario specifics like WSIB and the Employer Health Tax are part of the service.
I already have a bookkeeper or accountant in London. 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 London law firm, books and taxes handled
One flat monthly price for incorporated Ontario businesses, quoted live on a short call.
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