Did you know around 20% of new businesses fail in their first year, and nearly 50% shut down by year five?

That grim reality often comes down to an unclear financial position. Many business owners struggle to make key decisions because their books and statements don’t tell the full story. In fact, over 60% of owners say they aren’t confident in their accounting knowledge.

That’s where TaxFlow steps in.

We believe accounting should do more than just meet compliance. It should inform, empower, and guide. At TaxFlow, we go beyond the numbers — delivering structured financial reporting and advisory insights that show how your business is truly performing, from sales and profit margins to cash flow and cost efficiency.

Our clients count on us for clear, consistent reporting and strategic advice that supports smarter planning, decision-making, and long-term growth.

As part of our Accounting and Advisory service, we support you with:

• Recurring bookkeeping to keep your financial records clean and up to date
• Setting up internal controls to reduce risk and improve financial accuracy
• Financial projections
• Sales tax filing (GST/HST/QST)
• Payroll processing and remittances
• Payroll year-end forms (T4s, RL-1s)
• Dividend slips (T5s) and year-end reporting

We stay sharp, proactive, and on top of every update in accounting standards. When we see a strategy that could benefit you, we don’t hold back — we’ll flag it and explain it.

And if you’re looking for that extra push — needing investment or credit — we include financial projections as part of this service too. Let’s map out not just where you’ve been, but where you’re going.