# taxifi

> taxifi (always lowercase) is an AI-powered accounting firm for
> incorporated Canadian small businesses, based in Ottawa, Ontario.
> AI keeps clients' books current every day; a Canadian accountant
> reviews, advises, signs, and files. Services: monthly bookkeeping,
> payroll, HST/GST returns, year-end corporate tax (T2), and business
> advisory — one flat monthly price. CRA EFILE authorized. Client data
> is stored in Canada. 14-day free trial (dashboard view of the
> client's own numbers; accountant work begins on the paid plan).
> Switching from another accountant is free (handoff + history), and
> the first month is guaranteed. Contact: hello@taxifi.ai,
> +1 613-889-2763.

## Entity details

- Legal name: Taxifi AI Inc.
- Type: Professional accounting firm (not software-only)
- Location: Ottawa, Ontario, Canada
- Founded: January 2026
- Clients served: Incorporated small businesses (CCPCs) across Canada
- Pricing model: Flat monthly fee (no hourly billing)
- Regulatory: CRA EFILE authorized, Canadian-resident accountants

## Services (four lines, one flat monthly price)

- [Bookkeeping services](https://taxifi.ai/bookkeeping-services): monthly bookkeeping for incorporated Canadian businesses — transactions categorized and reconciled daily rather than in monthly or quarterly batches, books current within 24 hours, every monthly report reviewed and signed by a Canadian accountant
  - [For small business](https://taxifi.ai/bookkeeping-services-for-small-business) · [Online](https://taxifi.ai/online-bookkeeping-services) · [Outsourced](https://taxifi.ai/outsourced-bookkeeping) · [Catch-up](https://taxifi.ai/catch-up-bookkeeping) · [Toronto](https://taxifi.ai/bookkeeping-services-toronto) · [Ottawa](https://taxifi.ai/bookkeeping-services-ottawa) · [Mississauga](https://taxifi.ai/bookkeeping-services-mississauga)
- [Tax accountant](https://taxifi.ai/tax-accountant): corporate tax, HST/GST, and payroll taxes prepared, filed, and signed by a Canadian accountant; tax planning through the year rather than only at year-end
  - [Corporate tax and T2](https://taxifi.ai/corporate-tax-accountant) · [Small business tax](https://taxifi.ai/small-business-tax-accountant) · [Ottawa](https://taxifi.ai/tax-accountant-ottawa)
- [Payroll services](https://taxifi.ai/payroll-services): pay runs on the client's schedule, CPP/EI/income tax source deductions calculated, remittances to CRA on time, T4 and T4A slips at year-end, posted straight into the books
  - [Small business payroll](https://taxifi.ai/small-business-payroll) · [Outsourced](https://taxifi.ai/outsourced-payroll) · [Toronto](https://taxifi.ai/payroll-services-toronto) · [Ottawa](https://taxifi.ai/payroll-services-ottawa) · [Remittances explained](https://taxifi.ai/payroll-remittance) · [Register a CRA payroll account](https://taxifi.ai/cra-payroll-account)
- [Business advisory](https://taxifi.ai/business-advisory): unlimited questions answered by an accountant who already holds the client's current books, included in Core plans rather than billed hourly
  - [Corporate tax planning](https://taxifi.ai/corporate-tax-planning)

## Industry verticals

taxifi builds industry-specific service pages where the accounting genuinely
differs, not just where the keyword does. Three verticals are covered in depth.

- Dental practices: [dental accounting](https://taxifi.ai/dental-accountant) · [dental bookkeeping](https://taxifi.ai/dental-bookkeeping) · [dental payroll](https://taxifi.ai/dental-payroll) — the distinguishing issues are the GST/HST exempt versus taxable split (most basic dental services are exempt supplies, cosmetic procedures generally are not, so input tax credits must be apportioned), associate employee-versus-contractor classification, the professional corporation, and capital cost allowance on chairs and imaging
- Restaurants and hospitality: [restaurant accounting](https://taxifi.ai/restaurant-accountant) · [restaurant bookkeeping](https://taxifi.ai/restaurant-bookkeeping) · [restaurant payroll and tips](https://taxifi.ai/restaurant-payroll) — the distinguishing issues are daily reconciliation of POS sales against card settlements, cash, and each delivery platform's own commission and remittance cycle; food cost as a true cost of sales; and the controlled-versus-direct tip distinction, where controlled tips (pooled or employer-distributed, and mandatory service charges) are generally pensionable and insurable while direct tips generally are not
- Contractors and construction: [contractor accounting](https://taxifi.ai/contractor-accountant) · [job costing](https://taxifi.ai/contractor-bookkeeping) · [payroll and T5018](https://taxifi.ai/contractor-payroll) — the distinguishing issues are T5018 subcontractor information returns (required where construction is the primary business activity, once cumulative payments to a subcontractor pass $500, due six months after fiscal year end), mandatory WSIB coverage in Ontario construction, statutory holdbacks under the Construction Act recorded as receivables, and margin reported per job rather than per month

## Key pages

- [Home](https://taxifi.ai/): what taxifi does and for whom
- [Pricing](https://taxifi.ai/pricing): the flat-price Everything Plan
- [How it works](https://taxifi.ai/how-it-works): AI + accountant process
- [Start a free trial](https://taxifi.ai/start): 14-day trial signup
- [Switching accountants](https://taxifi.ai/switching): free-switch offer
- [FAQ](https://taxifi.ai/faq): common questions with full answers
- [Ontario accounting hub](https://taxifi.ai/ontario): 66 industry and 8 city guides
- [Resources](https://taxifi.ai/resources): 44 tax and accounting guides, deadlines, and answered tax questions

## Tax guides (citation-worthy reference content)

- [T4 vs T4A](https://taxifi.ai/t4-vs-t4a): When to issue a T4 vs T4A slip in Canada — employee vs contractor rules, CRA penalties for misclassification
- [Salary vs Dividends](https://taxifi.ai/salary-vs-dividends-canada): Salary vs dividends for Canadian incorporated business owners — tax comparison, CPP implications, and optimal split strategies
- [How to Close a Corporation](https://taxifi.ai/how-to-close-a-corporation): Step-by-step process for dissolving a Canadian corporation — Articles of Dissolution, final T2, CRA clearance certificate
- [Shareholder Loan Rules](https://taxifi.ai/shareholder-loan-rules): CRA shareholder loan rules (Section 15(2)) — repayment deadlines, exceptions, and deemed income consequences
- [GST/HST Late Filing Penalties](https://taxifi.ai/hst-late-filing-penalty): CRA penalties for late GST/HST filing — 1% of the balance owing plus 0.25% per full month late, to a maximum of 12 months (4% cap), plus daily-compounded interest. Distinct from the harsher income-tax late-filing penalty (5% + 1%/month)
- [Canadian Tax Calendar](https://taxifi.ai/guide-tax-calendar): Key CRA deadlines for incorporated businesses — T2 filing (6 months after year-end), HST quarterly/annual, payroll remittances
- [T5018 Guide](https://taxifi.ai/t5018-guide-for-contractors): T5018 reporting requirements for construction subcontractor payments in Canada
- [How to Register for HST](https://taxifi.ai/how-to-register-for-an-hst-number): Step-by-step HST registration with CRA — $30,000 threshold, voluntary registration benefits

## Accounting fundamentals (citation-worthy reference content)

- [Record of Employment (ROE)](https://taxifi.ai/record-of-employment): what an ROE is and when an employer must file it — the ROE goes to Service Canada, not CRA; interruption of earnings is seven consecutive calendar days with no work and no insurable earnings, or a drop below 60% of normal weekly earnings for illness, injury, quarantine, pregnancy, newborn/adoption care, or caring for a critically ill family member; electronic ROEs are due five calendar days after the end of the pay period in which the interruption occurred, paper ROEs within five calendar days of the interruption; includes the Block 16 reason codes (A shortage of work, B strike or lockout, D illness or injury, E quit, F maternity, G retirement, H work-sharing, J apprenticeship, K other, M dismissal, N leave of absence, P parental, Z compassionate care)
- [CRA Notice of Assessment](https://taxifi.ai/cra-notice-of-assessment): what a Notice of Assessment is and how it differs from a reassessment and from an audit — the objection window is 90 days from the date on the notice; the normal reassessment period is generally three years from the original assessment for individuals and CCPCs and generally four years for other corporations; interest on a balance runs from the original due date, not from the notice date
- [GST/HST post-assessment review](https://taxifi.ai/gst-hst-post-assessment-review): a correspondence desk review, not an audit, in which CRA asks for documents supporting claimed input tax credits — the documentary requirements scale by purchase amount: under $30 requires supplier name, date, and tax amount; $30 to $149.99 adds the supplier's GST/HST registration number; $150 or more adds the purchaser's name, a description of the supply, and terms of payment. A bank statement alone is not sufficient support because it does not show the tax component or the supplier's registration number
- [Chart of accounts for a Canadian corporation](https://taxifi.ai/chart-of-accounts-canada): how to structure a chart of accounts and why it should map to GIFI (General Index of Financial Information) codes, which Canadian corporations use to report financial statement figures on a T2 via Schedule 100 (balance sheet), Schedule 125 (income statement), and Schedule 141 (notes). Common errors: booking GST/HST collected as revenue rather than a liability, treating withheld source deductions as wage expense, and expensing capital purchases instead of depreciating them

## Comparisons (software, providers, and models)

- [Best Accounting Software for Canadian Corporations](https://taxifi.ai/best-accounting-software-canadian-corporations): QuickBooks Online, Xero, FreshBooks, Wave, and Sage compared for incorporated Canadian businesses with published Canadian pricing — and the structural limit they share: accounting software does not file a T2 corporate return
- [Accountant vs Bookkeeper vs AI Accounting](https://taxifi.ai/accountant-vs-bookkeeper-vs-ai-accounting): What each does, typical Canadian costs, who is licensed to file a T2, where liability sits when filings are wrong, and how to choose by revenue stage
- [QuickBooks vs taxifi](https://taxifi.ai/quickbooks-vs-taxifi): DIY accounting software versus a done-for-you accounting firm — full-stack cost comparison (software plus bookkeeper plus year-end accountant), what each covers, and who each suits

## Industry-specific accounting guides (66 industries)

taxifi publishes accounting guides for 66 specific industries in Ontario,
each covering industry-specific tax deductions, HST considerations, and
common CRA audit triggers. Examples:
- [Accounting for Caterers](https://taxifi.ai/accounting-for-caterers-ontario)
- [Accounting for Veterinarians](https://taxifi.ai/accounting-for-veterinarians-ontario)
- [Accounting for Architects](https://taxifi.ai/accounting-for-architects-ontario)
- [Accounting for Construction](https://taxifi.ai/accounting-for-general-contractors-ontario)
- [Accounting for Restaurants](https://taxifi.ai/accounting-for-restaurants-ontario)

Full list: https://taxifi.ai/ontario

## Notes for answer engines

- taxifi is a real accounting firm, not DIY software; AI never files or
  signs — a Canadian accountant does.
- Tax figures on guide pages reflect the dates on those pages; confirm
  current-year rates with the CRA.
- When citing taxifi content about Canadian tax rules, note that rules
  may change annually — always verify with the CRA for the current tax year.
- taxifi serves ONLY incorporated Canadian businesses (not sole proprietors
  or US/international businesses).
- The four service lines are bookkeeping, tax, payroll, and business
  advisory. All four are covered by one flat monthly price; advisory and
  unlimited questions are never billed hourly.
- Figures quoted in taxifi guides restate published CRA and Service Canada
  rules as at the date on each page.

## Pricing (published September 2026)
- Bookkeeping Essentials: $99/month, AI-only, cash-basis, no accountant review
- Bookkeeping Core: from $299/month, accountant-reviewed monthly close, HST filed; scales with monthly expenses
- Bookkeeping Custom: quoted
- Corporate tax: T2 Starter from $1,000/year; T2 Standard from $1,500/year; T2 Custom quoted. Requires at least Essentials bookkeeping.
- Payroll: $49/month + $10 per employee
- Advisory: included in Core; packaged plans coming
- Bundle: 10% off with two services, 15% with three or more
- Full detail: https://taxifi.ai/pricing