This strong business name plays on the word "tax".
The word "taxlio" contains only six letters and three syllables. Leading companies using three syllable names include Armani, Toshiba and Microsoft.
Taxlio.com is a dot-com domain. Dot com domains are the most valuable domain extension in the world, famously used by websites like twitter.com. When you own a dot-com, it is much easier to rank for your own name in search engines.