TaxWhiz

Name

TaxWhiz

Legal name

TaxWhiz Professional Services Corp.

Website

https://taxwhizpro.ca

Company type

Private

Operating status

Operating

Ownership category

akta.pro rank

Product category

Tax Preparation and Accounting Services

NAICS

Tax Preparation Services (541213), Accounting, Tax Preparation, Bookkeeping, and Payroll Services (5412), Payroll Services (541214), Offices of Certified Public Accountants (541211)

akta.pro primary industry

Tax & Financial Document Preparation Organization (Non-Advisory) (HSAFAEAG)

akta.pro secondary industry

Payroll Tax Filing, Compliance & Remittance (BPACAIAC)

Keywords

• Canadian tax preparation
• Corporate tax filing
• Personal income tax
• Small business accounting
• Bookkeeping services

Headquarters

HQ city

Calgary

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Personal Tax Preparation (T1): Per-return pricing for individual Canadians across four service tiers: Student ($50), Essential ($100), Enhanced ($160), and Premium ($220). One-time per-filing fee.
2. Corporate Tax Preparation (T2): Per-service pricing for incorporated businesses including Nil T2 Filing, T2 Filing Only, Financial Statements + T2 Filing, and Bookkeeping + Financial Statements + T2 Filing. One-time or per-engagement fees.
3. Tax Planning Advisory: Custom-quoted engagements for structured tax strategies, reorganizations, cross-border planning, and advanced advisory.
4. Tax Accounting & Bookkeeping: Ongoing business support including payroll processing, bookkeeping, and account cleanup. Custom-quoted based on scope and duration.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

TaxWhiz Professional Services Corp. is a Canadian tax and accounting firm that prepares and files personal income tax returns (T1) and corporate tax returns (T2), and provides tax planning advisory, bookkeeping, payroll, CRA dispute resolution, audit support, and business registration services for individuals, newcomers, and small-to-medium-sized businesses across Canada. Its core offerings are delivered through a secure cloud-based client portal with e-signatures and processed end-to-end virtually from Calgary, Alberta.

Product overview

TaxWhiz is a Canadian tax and accounting firm offering a comprehensive suite of services organized around core tax products. The main offerings include Personal Tax Services (T1) with four pricing tiers ranging from Student ($50) to Premium ($220), and Corporate Tax Services (T2) with various filing and bookkeeping packages. Additional services include Tax Planning Advisory, Tax Accounting (bookkeeping and payroll), Tax Compliance, CRA Dispute Resolution & Audit Support, and Business Registration & Corporate Compliance. All services are delivered through a Secure Client Portal that enables encrypted document uploads and e-signatures, supporting the firm's nationwide virtual delivery model.

Differentiator

Problem solved

Functional benefit

Products and services

• Personal Tax Services (T1) Canadian personal income tax preparation and filing for individuals, including employees, students, self-employed persons (Uber/Lyft/T4A), contractors, investors, families, newcomers, and non-residents. Covers T4 employment income, T5 investment income, RRSP/FHSA claims, capital gains, rental income, foreign employment income, moving expenses, medical and donation claims, child care expenses, home buyers' amount, self-employment income, and audit support, delivered through four published pricing tiers.
• Corporate Tax Services (T2) Canadian corporate tax preparation, filing, and financial statement preparation for incorporated small and medium-sized businesses, dormant corporations, and active corporations. Includes Nil T2 Filing for inactive corporations, T2 Filing Only, Financial Statements + T2 Filing, and a full Bookkeeping + Financial Statements + T2 Filing package, sold as discrete bundled engagements.
• Tax Planning & Advisory Strategic tax planning advisory for individuals and businesses, including tax minimization strategies, dividend and capital gains planning, RRSP/TFSA/retirement optimization, interprovincial tax planning, cross-border tax planning, structured tax strategies, and corporate reorganizations. Delivered as custom-quoted engagements initiated through direct outreach.
• Tax Accounting and Bookkeeping Services Ongoing business support and bookkeeping services including full-service bookkeeping, general ledger maintenance, financial statement preparation, monthly and quarterly reporting, budgeting and cash flow support, payroll processing, and account cleanup services for continuous financial management.
• Tax Compliance Services Accurate, timely tax filings for individuals, corporations, trusts, partnerships, and non-residents to ensure compliance with federal and provincial legislation. Includes personal and corporate income tax returns, partnership and trust returns, cross-border tax reporting, GST/HST/QST preparation and filing, and non-resident tax filings.
• CRA Dispute Resolution and Audit Support Professional representation in Canada Revenue Agency and Revenu Québec matters, including responding to CRA review and audit requests, managing communications with CRA agents, preparing required documentation, arranging payment arrangements, and taxpayer penalty and interest relief applications.
• Business Registration and Corporate Compliance Federal and provincial incorporation, annual return filing, GST/HST/QST/PST account registration, payroll account setup, and minute book setup and maintenance for newly incorporated and existing Canadian businesses.
• Payroll Services Complete payroll setup and processing for Canadian businesses, including CRA deduction calculations and remittances, year-end reporting (T4, T4A, and RL-1 where applicable), and Record of Employment preparation.
• Accounting and Financial Reporting Full-service accounting and reporting offering bookkeeping, general ledger maintenance, financial statement preparation, monthly and quarterly reporting, and budgeting and cash flow support for ongoing business financial management.

Quantifiable outcome

• 300+ personal and corporate tax filings completed annually
• +2 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature2 records

Partnerships

Two partnerships are on record, tiered core.

• StripecoreTechnology or IntegrationStripe is used as the payment processing platform for all online transactions on the TaxWhiz website, including service fee payments and invoices. TaxWhiz explicitly states it does not store or access full credit card details, relying entirely on Stripe for secure payment handling. Stripe Climate membership also reflects TaxWhiz's commitment to sustainability.
• CCH iFirmcoreTechnology or IntegrationCCH iFirm (CCH iFirm Portal) is used as the file exchange platform for communicating and sharing documents with CRA and between firm and clients. Part of TaxWhiz's secure document management infrastructure.

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Bench Accounting: Canadian-born cloud-based bookkeeping and accounting service targeting SMBs with a subscription model. Comparable to TaxWhiz's bookkeeping and financial statement offerings for small incorporated businesses, with a similar virtual delivery model.
• FreshBooks: Canadian-headquartered cloud accounting platform serving freelancers and small businesses. Competes with TaxWhiz for the SMB bookkeeping and invoicing segment, with a self-serve software model rather than full-service tax preparation.
• H&R Block Canada: Largest dedicated tax preparation retailer in Canada with both in-person and digital offerings for personal T1 filings. Directly comparable to TaxWhiz's core personal tax service, with similar tiered-pricing structure and SMB/cross-border extensions.
• CloudTax: Canadian cloud-based tax preparation software for individuals and small businesses. Directly comparable in target market and self-serve digital delivery, competing for the same Canadian filers TaxWhiz serves.
• TurboTax Canada (Intuit): Intuit's flagship DIY tax software in Canada. Competes with TaxWhiz for self-directed individual filers, and Intuit's QuickBooks Online integration is also used by TaxWhiz for bookkeeping, making it both a competitor and a technology ecosystem partner.
• Wealthsimple Tax: Canadian consumer-facing tax platform (formerly SimpleTax) offering DIY tax filing. While not a service-based peer, it competes directly for the same individual tax customers TaxWhiz targets, especially price-sensitive first-time filers and students.

Broad incumbents

• Intuit Canada (QuickBooks): Canadian arm of Intuit providing QuickBooks Online, which TaxWhiz itself implements for clients. As a broad incumbent in cloud accounting, it competes indirectly for the SMB bookkeeping workflow that anchors many of TaxWhiz's corporate engagements.
• BDO Canada: Major Canadian accounting firm providing tax, audit, and advisory services to SMBs and mid-market companies. Overlaps directly with TaxWhiz's corporate T2, bookkeeping, and advisory offerings but at materially greater scale and geographic depth.
• Xero Canada: Global cloud accounting platform with a strong Canadian SMB base. Competes for the cloud bookkeeping and financial reporting segment that complements TaxWhiz's corporate tax and bookkeeping bundles.
• MNP LLP: One of Canada's largest accounting and tax advisory firms, serving SMBs and mid-market clients across all provinces. Significantly larger than TaxWhiz, with a full suite of tax, audit, and advisory services that competes for the same corporate client base.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/TaxWhizCA
• Instagraminstagram.com/taxwhizca
• TikToktiktok.com/@taxwhizca

Revenue estimate

Valuation estimate

Number of profiles

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 TaxWhiz