Terms of Service

Last Updated: December 19, 2024

1. Introduction

Welcome to Taxlog ("we," "our," or "the Service"). By accessing or using our platform, you ("User," "you," or "your") agree to be bound by these Terms of Service ("Terms"). If you do not agree to these Terms, please do not use our Service.

Taxlog is a transaction tracking and categorization platform designed specifically for individuals and small businesses. We help you organize financial transactions from bank alert emails to simplify tax preparation.

2. Service Description

Taxlog provides the following services:

  • Automated extraction of transaction data from forwarded bank alert emails
  • AI-powered transaction categorization and organization
  • Financial insights and tax-related flagging
  • Transaction reconciliation tools
  • Optional accountant review services

⚠️ IMPORTANT: Taxlog is a transaction tracking tool, NOT a complete tax filing solution. We do not file taxes on your behalf.

3. Eligibility & Service Limitations

Our Service is designed exclusively for:

  • Individuals / Sole Proprietors
  • Small Businesses with fewer than 10,000 monthly transactions

⚠️ CRITICAL LIMITATION: If your monthly transaction volume exceeds 10,000, our Service may not accurately track all transactions. We explicitly exclude support for large corporations, high-volume businesses, or enterprises. Users exceeding this limit should seek enterprise accounting solutions.

4. User Responsibilities

You are responsible for:

  • Accurate Email Forwarding: Setting up and maintaining Gmail filters to forward bank alerts
  • Transaction Review: Regularly reviewing categorized transactions for accuracy
  • Corrections: Correcting any miscategorizations or missing transactions
  • Tax Compliance: Ensuring all tax filings are accurate and complete
  • Professional Consultation: Consulting with a qualified tax professional for tax advice
  • Account Security: Maintaining the confidentiality of your account credentials

5. Liability Disclaimer

NO LIABILITY FOR TAX FILING ERRORS

WE EXPLICITLY DISCLAIM ALL LIABILITY FOR:

  • Incorrect Transaction Amounts: Errors in extracted or categorized transaction amounts
  • Missed Transactions: Transactions not captured due to email forwarding issues or technical limitations
  • Categorization Errors: Incorrect category assignments by our AI
  • Tax Filing Mistakes: Errors in tax returns filed based on data from our Service
  • Penalties & Interest: Tax penalties, interest, or fines resulting from inaccuracies
  • Financial Loss: Any financial losses resulting from use of our Service

YOU ARE SOLELY RESPONSIBLE FOR VERIFYING ALL DATA AND ENSURING TAX COMPLIANCE.

6. Data Processing & Accuracy

Our Service uses automated systems to:

  • Extract transaction data from email alerts
  • Categorize transactions using AI algorithms
  • Flag potential tax-relevant items

No Guarantee of Accuracy: While we strive for accuracy, we do not guarantee that:

  • All transactions will be correctly extracted
  • Categorizations will be 100% accurate
  • Tax flags will capture all relevant items

7. Accountant Review Services

If you opt for accountant review services:

  • Accountants are independent professionals, not employees of Taxlog
  • Accountants provide review and categorization assistance only
  • Accountants do NOT provide tax filing services through our platform
  • You may be liable for additional fees charged by accountants

Disclaimer: We do not guarantee the quality, accuracy, or compliance of accountant services. Any disputes should be resolved directly with the accountant.

8. Intellectual Property

All content, features, and functionality of Taxlog (including software, algorithms, design, and branding) are owned by Taxlog and protected by copyright, trademark, and other intellectual property laws.

9. Account Termination

You may cancel your account at any time through your account settings. We reserve the right to:

  • Suspend or terminate accounts that violate these Terms
  • Suspend accounts with payment issues
  • Terminate the Service with 30 days' notice

10. Modifications to Terms

We reserve the right to modify these Terms at any time. Changes will be effective upon posting to our website. Continued use of the Service constitutes acceptance of modified Terms.

11. Governing Law

These Terms shall be governed by and construed in accordance with the laws of the Federal Republic of Nigeria. Any disputes shall be resolved in the courts of Nigeria.

12. Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY LAW, TAXLOG SHALL NOT BE LIABLE FOR:

  • INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES
  • LOSS OF PROFITS, REVENUE, DATA, OR BUSINESS OPPORTUNITIES
  • DAMAGES EXCEEDING THE AMOUNT YOU PAID FOR THE SERVICE IN THE PAST 12 MONTHS

13. Contact Information

For questions about these Terms, please contact us at:

  • Email: [SUPPORT_EMAIL]
  • Address: [COMPANY_ADDRESS]

By using Taxlog, you acknowledge that you have read, understood, and agree to be bound by these Terms of Service.