This strong business name plays on the word "tax".
Taxlio has only six characters and three syllables. Successful brands using three syllable names include Toshiba, Adobe and Santander.
Taxlio.com is a .com domain. Dot com domains are the most sought after top-level-domain in the world, used by famous websites like google.com. When you own a .com, it is much easier to rank for your own name in search engines.