Terms of Service

These Terms of Service are between you and Mykolay Chelabchi, doing business as MC Soft Solution (“we”, “us”), and cover your use of MagicTax. You accept them by ticking the box in MagicTax that says you agree. If you use MagicTax for a business, you also accept them for that business, and you confirm you may do so.

How we handle what you upload is in the first-upload acknowledgment and the Privacy Policy.

MagicTax reads the bank statements and other documents you upload, categorizes their transactions, with AI and with rules it learns, and builds books and reports from them, such as a P&L. You review the categorizations and clear each month before its reports are built. MagicTax is a tool you operate. We do not prepare, sign or file tax returns, and we do not give tax, legal or accounting advice.

You sign in to MagicTax with your own email address. MagicTax is not meant for children under 13. Keep your sign-in safe: you are responsible for what is done with it. If you think someone else has used it, tell us at mchelabchi@gmail.com straight away.

Upload only documents you have the right to upload: your own business’s, or ones their owner has allowed you to give us. Before the first upload for each business, MagicTax asks you to confirm the required part of its first-upload acknowledgment, which says what MagicTax does with what you upload and who reads it. That required part is part of these Terms.

Your documents and your books stay yours. You let us store, read and process them only to run MagicTax for you, as the first-upload acknowledgment and the Privacy Policy say. If you give the Help train permission, what we may keep under it is set by that permission’s own words.

If someone else brings a claim against us because you uploaded a document you had no right to upload, you will pay our reasonable costs of that claim, including what we must pay under it.

MagicTax shows the price before you order. Prices are in US dollars and do not include sales tax. Confirming an estimate fixes the rate for each statement-month, and you are charged as statements are read. If adding to an order later earns a better rate for it, the difference, and any sales tax on it, goes back to your balance. A price change never changes an order you have confirmed or a plan you have paid for.

You pay from your balance. To buy, or to add money by card, you need a United States billing address saved in Billing, because we work out sales tax from it. You add money to it by card in MagicTax, or outside MagicTax by quoting your order reference, and we add it for you. A card payment is at least the minimum and at most the maximum MagicTax shows when you pay. We charge a card only when you press the button that names the amount, and only cards are taken. Stripe, our payment processor, takes the card details. MagicTax does not receive or store the card number. A card you choose to keep is held by Stripe, and you can remove it in Billing. Before MagicTax reads a statement, your balance must cover its deposit and any sales tax on it; the deposit is taken as the statement is read, and the rest of the price, and any sales tax on it, is due when the report is built.

On a business shared by several people, one of them pays for it: the one who invited the others. What the business uses, such as its statements and the months of its balance sheet, comes out of that person’s balance, and only that person can buy a plan, an order or an opening balance build for it.

The balance sheet is priced per month of the year it covers, for the business, not per bank account. It has no deposit. To buy it, add it to the year’s order. You then pay for its months on the sheet: any member can press Pay, the button shows the amount, and the money is taken from the balance of the person who pays for the business. You can pay before the sheet adds up. It can be downloaded only once its months are cleared and paid and nothing is left unreconciled; a month whose statement arrives later is paid for when someone presses Pay for it, and the months already paid stay paid. Downloading it never takes money. For a year covered by the yearly plan, the balance sheet is included.

Starting the build of a first year’s opening balance is a one-off charge for the business. It is shown on the estimate, only the person who pays for the business can start it, and it is taken from their balance when they do. Typing in the opening figures yourself, from Schedule L or from last year’s closing figures, is free.

The add-on for Magi, the MagicTax AI agent, is renewed each month from your balance only, never from a card, until you turn it off, until your balance cannot pay the next month, or until the business is archived or you leave it. We do not send a notice when it stops. Codes and discounts work as MagicTax shows them.

• Money in your balance that you have not spent is refundable, and we do not take a fee out of it. Ask us at mchelabchi@gmail.com, and we refund it within 14 days of your request. Money you added by card goes back to that card, newest payment first. If a card payment is too old for the card to take back, or the card is closed, we agree another way with you. Money you paid outside MagicTax goes back the way you paid.
• If MagicTax cannot read a statement, the money held for it goes back to your balance.
• A deposit for a statement MagicTax has read, a block of transactions or documents once MagicTax has read it, and a month of the Magi add-on that has started are not refunded.
• The months of a balance sheet, once paid, are not refunded, except a better rate going back to your balance as clause 5 says.
• A first year’s opening balance build, once started, is not refunded.
• A yearly plan, once paid, is not refunded.
• Sales tax on something that is not refunded is not refunded either. Tax we collected in error goes back to your balance.

If you dispute a card payment with your bank, we take the disputed amount off whatever is still unspent on your balance (money held for a statement being read is not taken), and card payment is paused for you until the dispute is closed. If it closes without the bank taking the money back, what we took goes back on your balance. If the bank takes the money back, the pause ends and nothing goes back on your balance. If you had already spent part of it, we write to you about that part and settle it with you.

Prices do not include sales tax. Adding money to your balance is not taxed. Where the law makes us collect sales tax, we add it when your balance pays for something. We show it on the button or order you confirm, or, for what is charged as statements are read, we show the rate. The tax on each payment is worked out from your billing address when that payment is taken. We keep a record of each sale, with the address it was taxed on, and tax we collected in error goes back to your balance.

When you use MagicTax, you agree:

• not to upload documents you have no right to upload;
• not to try to reach other people’s sign-ins or businesses, or to test, probe or get around MagicTax’s security;
• not to overload MagicTax, or read it with bots or scrapers;
• not to resell MagicTax or share your sign-in, or use MagicTax to build a competing service;
• not to use MagicTax for anything illegal, including false books or hiding income.

If you find a security problem, tell us at mchelabchi@gmail.com.

Categorizations can be wrong. You review them and clear each month. Check them, or have your accountant check them, before you or anyone else relies on them. You are responsible for your books, your reports and your tax returns.

MagicTax may be unavailable at times. We announce planned downtime under the bell and on your home screen. Downtime we did not plan, we cannot announce in advance.

MagicTax IS PROVIDED “AS IS” AND “AS AVAILABLE”. AS FAR AS THE LAW ALLOWS, WE GIVE NO WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING THAT MagicTax OR ITS CATEGORIZATIONS ARE ACCURATE OR COMPLETE, THAT IT IS ALWAYS AVAILABLE, OR THAT IT IS FIT FOR A PARTICULAR PURPOSE.

As far as the law allows, Mykolay Chelabchi, doing business as MC Soft Solution is not responsible for indirect or knock-on losses, or for taxes, penalties or interest that come from relying on MagicTax’s categorizations or reports. Our total responsibility to you for anything to do with MagicTax is limited to the greater of $100 or what you paid us in the 12 months before the claim.

That limit is the most we could owe you, not an amount we owe. You would still have to show that we caused you a direct loss. We would owe that loss and no more, up to the limit.

These limits do not cover fraud, harm we cause on purpose, or anything else the law does not let us limit.

You can stop using MagicTax at any time.

We may stop your access to MagicTax if you break section 7 or the law, or do not pay what you owe. We tell you why first, unless security or the law needs us to act at once.

We may also end MagicTax for everyone. If we do, we announce it under the bell, on your home screen and on MagicTax’s front page at least 14 days before it ends, unless we must stop sooner for security or legal reasons.

If we stop your access, or end MagicTax, and it is not because of something you did, we refund the money in your balance that you have not spent.

In MagicTax you can delete a statement, or archive a business, and before you confirm, MagicTax lists the main things that go and stay; this clause is the full list.

After a grace period (10 days today; MagicTax shows the number when you confirm), MagicTax removes the file, its transactions, corrections and reports, and what Magi learned for your business from them. Archiving a business does this for every statement in it. Copies in our encrypted backups are gone about 8 days after that, as the backups roll over. Deleting cannot reach what the AI services that read your documents keep under their own rules.

By accepting these Terms, you agree that these stay:

• With no end date: the record of each order and payment, and of each plan, add-on and report bought, with the business name printed on it, the business’s bank accounts (label, bank, last four digits and type), the months covered and any code used; the record of each card payment (its Stripe reference, amount and outcome, any decline reason and the Stripe account that took it); the Stripe customer reference that ties your card payments together; and the record of any dispute over a card payment. Stripe keeps its own record of payments under its own terms; deleting in MagicTax does not delete it.
• With no end date: the record of each opening balance build: the tax year, its price, who started it and how it was paid.
• With no end date: your billing address, and the record of each sale: its price, any sales tax, the address it was taxed on, the tax jurisdictions and rates, and Stripe’s references.
• With no end date: a record of each statement or other paper you uploaded: its file name, a fingerprint of the file, its size and pages, the dates, and who uploaded and who deleted it, and for a statement the bank, last four digits and period read from it. The file itself and its transactions are gone.
• With no end date: a record that the business existed: its name and address, stored encrypted, who could reach it, and who archived it and when.
• With no end date: every upload attempt, the months marked as cleared, counts of your requests to MagicTax, and records of how much MagicTax read and categorized for the business under a code that does not name it.
• With no end date: your account — your sign-in email and name.
• With no end date: your answers to the Help train permission, the record of your acceptance of these Terms (which version, when, and the internet address it came from, stored encrypted), and any email in which you accepted the early-access agreement.
• When you delete one statement: your list of customers and vendors, including any first named on it, and your requests for a new account; these go when the business is archived and removed. Your conversations with Magi lose the turns about that statement; the rest show for 30 days and go when you clear them or the business is removed.
• For up to 90 days: notifications about your payments, news from us, and notifications about the business a deleted statement belonged to. Notifications about an archived business go when it is removed.

If you gave the Help train permission, what was kept under it stays too, as that permission says.

We will ask what you think. If you send us suggestions, we may use them to improve MagicTax without owing you anything for them. Feedback does not give us any other use of your statements or transactions.

If you have a problem with MagicTax, write to us at mchelabchi@gmail.com. Most things can be put right that way.

Before you start a court case against us, write to us at mchelabchi@gmail.com, say what went wrong and what you want, and give us 30 days to put it right. We do the same before we start one against you. This step does not pause or shorten any time limit for bringing a claim.

You can bring a claim in small claims court wherever its rules allow. Any other claim goes to the state or federal courts in the State of California, and you and we agree to those courts.

Nothing in these Terms stops you, at any time and without writing to us first, from contacting or complaining to a government agency, such as the Treasury Inspector General for Tax Administration (TIGTA), the IRS, the Federal Trade Commission or your state’s attorney general. Nothing in them stops you from writing an honest review of MagicTax either.

If we change these Terms, we announce it under the bell, in a notice on your home screen and on MagicTax’s front page, at least 14 days before the new version takes effect, unless the law or security makes a change necessary sooner. After it takes effect, MagicTax asks you to accept the new version.

Until you accept it, the version you accepted still applies. In MagicTax you can still see your books, download the reports you have paid for and, if you own a business, archive it. You cannot upload documents or buy anything. This includes adding money by card. Statements you uploaded before are still read. An order or plan you have already paid for keeps the Terms it was bought under, and the Magi add-on keeps charging until you turn it off.

We may transfer these Terms to a company that takes over MagicTax. We will tell you when that happens, and what you agreed to stays the same.

If you accepted the MagicTax early-access agreement, these Terms and the Privacy Policy replace it once you have accepted both, as its clause 1 says. An early-access order that left nothing to pay stays as it was.

These Terms are governed by the laws of the State of California. This does not take away protections your own state’s law gives you that cannot be waived.

If a court finds part of these Terms cannot be enforced, the rest still applies. These Terms, together with the first-upload acknowledgment and any permission you give in MagicTax, are the whole agreement between you and us about MagicTax.

Questions: mchelabchi@gmail.com.