Taxory

What Taxory does

Taxory is a Canadian professional accounting firm founded by Anna Grigoryan, providing bookkeeping, corporate tax preparation, HST filing, payroll processing, financial statement preparation, CRA audit representation, WSIB reporting, and annual return filing services. The firm is based in Toronto's High Park neighborhood with a second office in Mississauga, serving small business owners, individuals, and medium-sized corporations primarily across the Greater Toronto Area and Ontario, with remote service delivery available across Canada. Approximately 80% of the client base consists of small business owners operating in verticals including information technology, real estate, restaurants, trucking, construction, and the gig economy.

The firm's core technology stack is built around QuickBooks Online as the primary bookkeeping platform, supplemented by CaseWare for accounting and financial reporting, HubDoc for document management, and working knowledge of Wave, Xero, FreshBooks, Sage, and Zoho Books to support clients on varied platforms. Taxory does not develop proprietary software or offer an API or SaaS product; all services are delivered by professional accountants using standard third-party tools. The business model combines a recurring monthly retainer for bookkeeping packages (which bundle in complimentary corporate tax preparation and filing) with professional-services pricing for standalone corporate tax returns, HST filings, payroll, and hourly bookkeeping support.

Taxory is a privately held, founder-owned firm with no disclosed external funding, institutional investors, parent company, or subsidiaries. Customer acquisition is driven by direct engagement, an educational blog, Google reviews, localized SEO across GTA sub-markets, and a YouTube channel. With 1–10 employees and a single-firm-leader delivery model, the business is positioned as a relationship-driven local practice rather than a scalable platform, and its addressable market is the long tail of Canadian SMBs seeking compliant, hands-on accounting and tax support.

Name

Taxory

Legal name

Taxory

Website

https://taxory.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

1–10 employees

Short description

Taxory is a founder-led Canadian accounting firm based in Toronto and Mississauga that provides bookkeeping, corporate tax, HST, payroll, and CRA audit services to small businesses and individuals across the Greater Toronto Area and Ontario, using QuickBooks Online and other third-party accounting platforms.

Ownership category

akta.pro rank

Product category

Small Business Accounting Services

NAICS

Accounting, Tax Preparation, Bookkeeping, and Payroll Services (5412), Tax Preparation Services (541213), Payroll Services (541214)

akta.pro primary industry

Indirect Tax (VAT/GST/Sales & Use) Services (BPAHABAJ)

akta.pro secondary industry

Dispute Resolution, Appeals & Tax Tribunals (BPAIADAK)

Keywords

• Small business accounting
• Bookkeeping services
• Corporate tax preparation
• HST filing services
• Payroll services

Headquarters

HQ city

Mississauga

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Bookkeeping Services: Monthly retainer-based bookkeeping packages where clients pay a fixed monthly amount. Includes regular bank reconciliation, QuickBooks maintenance, and bookkeeping tasks. All packages include complimentary corporate tax preparation and filing.
2. Corporate Tax Services: Corporate tax return preparation and filing services for individuals, corporations, estates, trusts, and not-for-profit organizations. Includes tax planning utilizing available deductions and credits.
3. HST Filing Services: Monthly, quarterly, and yearly HST return preparation and filing with CRA.
4. Payroll Services: Payroll account setup, PayRun execution, T4/T4a preparation, and payroll tax remittance calculations.
5. Hourly Bookkeeping Services: Hourly-rate services for clients who do their own bookkeeping but need year-end preparation assistance.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Taxory is a Canadian accounting firm that delivers professional small business accounting, bookkeeping, and corporate tax preparation services. Its core offerings include monthly bookkeeping packages (with complimentary corporate tax filing), corporate tax return preparation (T2) for individuals, corporations, estates, trusts, and not-for-profits, HST filing, payroll services, financial statement preparation, CRA audit representation, WSIB reporting, and annual return filing. The firm primarily uses QuickBooks Online as its bookkeeping platform and serves clients across the Greater Toronto Area and across Canada.

Product overview

Taxory is a Canadian accounting firm (not a software product company) that provides a comprehensive suite of professional accounting and tax services for small businesses and corporations. The core offering consists of Corporate Tax Services (tax return preparation and filing), Bookkeeping Services (financial record maintenance using QuickBooks, including free corporate tax prep with packages), HST Filing Services (Harmonized Sales Tax compliance), Payroll Services (T4/T4a preparation and CRA remittance), and Nil Return Services (for inactive corporations). Additional services include Financial Statement Preparation (Balance Sheet, Income Statement, Cash Flow), CRA Audit Assistance, WSIB Reporting, and Annual Return Filing. Taxory also offers industry-specific services for Software Companies, Truck Drivers, Startups, Dentists, and Real Estate investors. The firm primarily uses QuickBooks Online as its bookkeeping platform and provides services throughout the Greater Toronto Area and across Canada.

Differentiator

Problem solved

Functional benefit

Products and services

• Bookkeeping Services Professional bookkeeping services including transaction recording in QuickBooks, receipt management, bank reconciliation, and ongoing financial record maintenance. All packages include FREE corporate tax return preparation and filing. Targeted at Canadian small business owners.
• Corporate Tax Services Corporate tax return preparation and filing services for Canadian corporations, individuals, estates, trusts, and not-for-profit organizations, including T2 returns, tax planning utilizing available deductions and credits, and interim income/expense projections.
• HST Filing Services Harmonized Sales Tax (HST) preparation and filing services for monthly, quarterly, or yearly returns, including HST account registration assistance for Canadian businesses.
• Payroll Services Payroll account setup, PayRun execution, T4 and T4a preparation, and payroll tax remittance calculation and filing to CRA for Canadian small businesses.
• Nil Return Services Filing services for Canadian corporations with no income or expenses, ensuring compliance with CRA requirements even when the company is inactive.
• Annual Return Filing Filing of annual returns with Corporations Canada for federal corporations or provincial registries, including Ontario Business Registry filings.
• Industry-Specific Accounting Services Specialized accounting services tailored for specific industries including Software Companies, Truck Drivers, Startups, Dentists, and Real Estate investors.

Quantifiable outcome

• Free corporate tax preparation and filing included with any bookkeeping package
• +1 more outcomes

Named customers5 records

Segments7 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

Feature3 records

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Pilot: Pilot delivers bookkeeping, tax, and CFO services to startups and small businesses, bundled into a subscription. Comparable to Taxory on target customer, service bundling, and recurring engagement model.
• Bench Accounting: Bench provides online bookkeeping and tax services for small businesses, with a bundled subscription model. It is a direct peer given its similar SMB target market, bookkeeping-plus-tax offering, and recurring revenue approach.
• 1-800Accountant: 1-800Accountant provides accounting, bookkeeping, and tax services to small businesses across North America. Direct peer given its SMB focus, bundled tax-and-bookkeeping services, and similar sales-led acquisition model.

Emerging players

• Botkeeper: Botkeeper combines AI-driven bookkeeping with human accountant review for SMBs. It overlaps with Taxory on the bookkeeping-for-small-businesses category but differentiates through automation-first delivery.

Broad incumbents

• QuickBooks Live (Intuit): Intuit's QuickBooks Live pairs its dominant SMB accounting software with on-demand human bookkeeping and tax help. It competes with Taxory on bundled bookkeeping/tax services, backed by Intuit's massive SMB software user base.
• Wave Accounting (H&R Block): Wave offers free accounting, invoicing, and receipt software for small businesses, owned by H&R Block. It overlaps with Taxory's SMB client base and is a key indirect competitor via self-service software.
• Xero: Xero is a global cloud accounting platform for SMBs and the accountants who serve them. It is a software incumbent in Taxory's delivery stack and an indirect competitor via Xero's advisory and bookkeeping partner ecosystem.
• BDO Canada: BDO Canada is a major national accounting firm serving SMBs, corporations, and not-for-profits. Overlaps with Taxory on Canadian SMB accounting, tax compliance, and advisory services, but at a much larger scale and broader service portfolio.
• FreshBooks: FreshBooks is cloud accounting software aimed at service-based small businesses. It is part of Taxory's delivery toolset and an indirect competitor via self-service accounting for the same SMB segments Taxory serves.

Regional players

• MNP LLP: MNP is one of Canada's largest accounting firms, with strong presence in Ontario and across the country. Comparable to Taxory on Canadian SMB tax and bookkeeping, but operates at significantly greater scale and breadth.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@TaxoryInc
• Xx.com/taxory
• LinkedInlinkedin.com/company/taxory

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Taxory