# Teplov CPA > Teplov CPA is a CPA-led accounting practice serving Canadian IT professionals, including independent consultants, incorporated contractors, freelancers, and technology businesses. Alex Teplov, CPA, is registered with CPA Ontario. Website: https://teplov.ca/ ## AI-readable files - [Concise index](https://teplov.ca/llms.txt): This file. - [Full site content](https://teplov.ca/llms-full.txt): Plain-text context with service summaries, specialties, and article bodies. - [Sitemap](https://teplov.ca/sitemap.xml): XML sitemap for all indexable pages. ## Pages - [Homepage](https://teplov.ca/): Overview of CPA-led accounting, tax planning, PSB review, GST/HST, and cross-border support for Canadian IT professionals, independent consultants, contractors, and technology businesses. - [Services](https://teplov.ca/services): Launch, Run, and Close compliance packages for business setup, ongoing operations, and corporation wind-down. - [Specialties](https://teplov.ca/specialties): Role-specific pages for software, DevOps, cybersecurity, data and AI, cloud, and technical leadership consultants. - [PSB Risk Review](https://teplov.ca/psb-risk-review): Personal services business risk review for incorporated contractors with single-client, agency, long-tenure, or government contracts. - [Incorporated IT Contractors](https://teplov.ca/incorporated-it-contractors): Corporate bookkeeping, T2 filing, GST/HST, owner compensation, shareholder account, and PSB review support. - [Ottawa Government IT Contractors](https://teplov.ca/ottawa-government-it-contractors): Federal government contractor page focused on Ottawa and Gatineau staffing-agency PSB risk and QST questions. - [First-Year Contractor](https://teplov.ca/first-year-contractor): Guidance for contractors moving from employment to business income, GST/HST, tax set-asides, and incorporation questions. - [Considering Incorporation](https://teplov.ca/considering-incorporation): Review of retained earnings, small business deduction assumptions, PSB risk, fiscal year choice, and timing before incorporating. - [US Clients](https://teplov.ca/us-clients): Canadian reporting, exchange-rate support, W-8 context, and GST/HST export-service review for U.S. client income. - [Behind on Books](https://teplov.ca/behind-on-books): Catch-up bookkeeping, QBO setup, overdue GST/HST, and source-document cleanup for disorganized contractor files. - [Switching Accountants](https://teplov.ca/switching-accountants): Prior-year review, CRA authorization, bookkeeping transfer, and contractor-specific gap review for IT contractors changing accountants. - [Corporation Between Contracts](https://teplov.ca/between-contracts): What stays in effect for a Canadian corporation between contracts: T2 and CO-17 filing, GST/HST account status, and corporate registry filings, plus the choice between continuing operations and winding down. - [Resources](https://teplov.ca/resources): Article library of Canadian IT professional tax guides, checklists, and CRA explainers. - [How We Work](https://teplov.ca/how-we-work): How Teplov CPA uses Microsoft 365, Teams, and SharePoint to run a dedicated client workspace for every engagement. - [About](https://teplov.ca/about): Professional standing, practice focus, and CPA-led service model. - [Contact](https://teplov.ca/contact): Intake form for Canadian IT professionals, independent consultants, and technology businesses. - [New Client File Review](https://teplov.ca/new-client-file-review): Every engagement begins with a file review. Understand the current condition of your books, tax filings, and CRA accounts before ongoing work begins. - [AI Disclosure](https://teplov.ca/ai-disclosure): How Teplov CPA uses AI tools for website development and content workflows. ## Specialty Pages - [Software Developers](https://teplov.ca/specialties/software-developers): CPA support for Canadian software developers with T4A income, agency contracts, U.S. clients, software deductions, GST/HST, and incorporation questions. - [DevOps Consultants](https://teplov.ca/specialties/devops-consultants): Tax planning and bookkeeping for Canadian DevOps consultants with cloud platform costs, agency contracts, U.S. clients, and corporation planning needs. - [Cybersecurity Consultants](https://teplov.ca/specialties/cybersecurity-consultants): CPA-led tax and accounting support for Canadian cybersecurity contractors handling certifications, tooling, client retainers, U.S. work, and PSB risk. - [Data and AI Consultants](https://teplov.ca/specialties/data-ai-consultants): Tax planning for Canadian data and AI consultants with high-value advisory contracts, U.S. clients, compute costs, software tools, and retained earnings. - [Cloud Architects](https://teplov.ca/specialties/cloud-architects): CPA support for Canadian cloud architects with incorporated consulting income, U.S. clients, GST/HST, equipment, and corporate tax planning. - [Fractional CTOs and Technical Advisors](https://teplov.ca/specialties/fractional-cto-technical-advisors): Tax planning for Canadian fractional CTOs and technical advisors with retainers, U.S. clients, equity-like arrangements, and corporation planning. ## Articles - [Deposits, Retainers, and Deferred Revenue for Consulting Firms](https://teplov.ca/resources/deposits-retainers-deferred-revenue-consulting-firms): Cash received before work is delivered is not revenue yet. Getting the deferred revenue liability wrong misstates the corporation's actual position. - [Fixed-Fee vs Time-and-Materials Contracts for IT Consultants](https://teplov.ca/resources/fixed-fee-vs-time-materials-contracts-it-consultants): The contract type a firm chooses changes how revenue is recognized, how margin risk sits, and what the books need to track project by project. - [Client Reimbursements, Pass-Through Costs, and Disbursements](https://teplov.ca/resources/client-reimbursements-pass-through-costs-disbursements-it-consultants): Billing a client for travel or a subcontractor at cost feels like a wash. GST/HST and revenue reporting do not always treat it that way. - [Instalment Catch-Up Strategy When Income Jumps](https://teplov.ca/resources/instalment-catch-up-strategy-income-jumps-it-contractors): CRA's instalment reminders are based on last year's income. When this year is much higher, following them can leave a large balance due. - [Insurance, E&O, Cyber Coverage, and Deductibility for IT Contractors](https://teplov.ca/resources/insurance-eo-cyber-coverage-deductibility-it-contractors): Professional liability, cyber, and general liability insurance are deductible for IT contractors, but which entity should pay depends on structure. - [Paying a Spouse or Family Member for Admin Work](https://teplov.ca/resources/paying-spouse-family-member-admin-work-contractor-corporation): Paying a spouse for genuine admin work can be a reasonable corporate deduction, but wages have to reflect real work and hold up as reasonable in amount. - [Non-Resident Subcontractors and Foreign Vendors for IT Consulting Firms](https://teplov.ca/resources/non-resident-subcontractors-foreign-vendors-it-consulting): Paying an offshore developer or US contractor brings withholding tax, T4A-NR, and GST/HST questions a domestic subcontractor invoice does not raise. - [PST/RST Sales Tax Issues Outside GST/QST for IT Contractors](https://teplov.ca/resources/pst-rst-sales-tax-outside-gst-qst-it-contractors): GST/HST is not the only sales tax an IT contractor can owe. BC PST, Saskatchewan PST, and Manitoba RST can apply to software sold into those provinces. - [Associated Corporations and the Small Business Deduction](https://teplov.ca/resources/associated-corporations-small-business-deduction): Two corporations under common control share one $500,000 SBD limit. The association test is fact-specific and often catches consultants off guard. - [Holdco Structures for Growing IT Consulting Firms](https://teplov.ca/resources/holdco-structures-growing-it-consulting-firms): A holding corporation lets retained earnings accumulate away from operating risk, but it adds a second T2, association exposure, and real setup cost. - [Home Office Expenses for Incorporated IT Contractors Outside Quebec](https://teplov.ca/resources/home-office-expenses-incorporated-contractors-outside-quebec): Incorporated contractors paid by salary claim home office costs through T777 and T2200, a narrower route than the sole proprietor T2125 deduction. - [Vehicle Expenses for Incorporated IT Contractors](https://teplov.ca/resources/vehicle-expenses-incorporated-it-contractors): Incorporated contractors can claim vehicle costs through corporate ownership, a per-kilometre allowance, or an employee expense claim, each taxed differently. - [Provincial Permanent Establishment for Remote IT Contractors](https://teplov.ca/resources/provincial-permanent-establishment-remote-it-contractors): Which province taxes the corporation depends on where the permanent establishment is, not where the client is based, and remote work makes this less obvious. - [USD Accounts, Payment Processors, and FX Records for IT Contractors](https://teplov.ca/resources/usd-accounts-payment-processors-fx-records-it-contractors): Wise, PayPal, Stripe, and USD bank accounts each generate exchange-rate records the corporation needs, and fees and FX gains get tracked differently. - [Corporate Investments and Passive Income for Incorporated IT Contractors](https://teplov.ca/resources/corporate-investments-passive-income-it-contractors): Investing retained earnings inside a corporation triggers rules that can erode the small business deduction and raise the tax rate on active income. - [T1135 for Foreign Assets and USD Investment Accounts](https://teplov.ca/resources/t1135-foreign-assets-usd-investment-accounts-it-contractors): Once specified foreign property crosses CAD $100,000, T1135 must be filed, and foreign brokerage accounts or foreign securities are commonly missed triggers. - [CRA Review Evidence Packages for IT Contractors](https://teplov.ca/resources/cra-review-evidence-packages-it-contractors): A CRA information request names specific line items. What satisfies each one differs for home office, ITCs, PSB risk, T4As, payroll, and shareholder loans. - [Software, SaaS, Cloud, AI Tools, Domains, and Subscriptions](https://teplov.ca/resources/software-saas-cloud-ai-tools-domains-subscriptions-it-contractors): GitHub, AWS, ChatGPT, and a domain renewal are all deductible, but they are not all the same kind of expense. Prepaid annual plans need their own treatment. - [Behind on Books: Cleanup Before Filing](https://teplov.ca/resources/behind-on-books-cleanup-before-filing-it-contractors): Unreconciled bank feeds, missing receipts, and overdue GST/HST do not clear themselves. There is a sequence that gets a messy file back to filed. - [Subcontractor Expenses for IT Consulting Firms](https://teplov.ca/resources/subcontractor-expenses-it-consulting-firms): Paying a subcontractor is not the same as classifying them correctly. GST/HST, T4A slips, and project margin all depend on getting this right. - [Bonus Accruals and the 180-Day Rule for Incorporated IT Contractors](https://teplov.ca/resources/bonus-accruals-180-day-rule-it-contractors): A bonus accrued before the corporate year-end is only deductible that year if it's paid, or applied against the shareholder loan, within 180 days. - [Switching Accountants as an Incorporated IT Contractor](https://teplov.ca/resources/switching-accountants-it-contractors): Switching accountants involves more than a new engagement letter: CRA authorization, prior-year records, and a review of what the last file missed. - [GST/HST and QST ITC/ITR Documentation for IT Contractors](https://teplov.ca/resources/gst-hst-qst-itc-itr-documentation-it-contractors): An input tax credit is only as good as the paper behind it. CRA and Revenu Québec deny claims that lack the required supplier and purchase details. - [Owner-Paid Expenses, Reimbursements, and Corporate Credit Cards for IT Contractors](https://teplov.ca/resources/owner-paid-expenses-reimbursements-corporate-credit-cards): Owner-paid business expenses need receipts and proper reimbursement. Personal charges through the corporation create shareholder benefit or loan risk. - [Dividend Declarations and T5 Slips for Incorporated IT Contractors](https://teplov.ca/resources/dividend-declarations-t5-slips-incorporated-it-contractors): A dividend declaration requires a board resolution, sets eligible vs. non-eligible status, and triggers T5 obligations. The steps behind it matter. - [Technology Equipment and CCA for IT Contractors](https://teplov.ca/resources/technology-equipment-cca-it-contractors): Computers, workstations, phones, and monitors are capital property for IT contractors. CCA is how the deduction works. First-year incentives can accelerate it. - [Ottawa Federal Government IT Contractors: Tax and Incorporation Considerations](https://teplov.ca/resources/ottawa-federal-government-it-contractors): Federal government IT contracting has a specific risk profile. Long engagements, single clients, and on-site work create PSB exposure that needs to be assessed. - [Professional Development Expenses for IT Contractors](https://teplov.ca/resources/professional-development-expenses-it-contractors): Courses, certifications, conferences, and professional dues can be deductible for IT contractors. The rules differ depending on whether you are incorporated. - [T4 and T4A in the Same Year: IT Contractors in Transition](https://teplov.ca/resources/t4-t4a-transition-year-it-contractors): When you leave employment and start contracting in the same year, both a T4 and self-employment income appear on the same T1. - [Year-End Corporate Tax Planning for Incorporated IT Contractors](https://teplov.ca/resources/year-end-corporate-tax-planning-it-contractors): How to estimate your corporation's T2 liability before the fiscal year closes: SBD rates, passive income grind, the salary lever, and instalment alignment. - [Health and Dental Benefits for Incorporated IT Contractors](https://teplov.ca/resources/health-dental-phsp-incorporated-it-contractors): Your corporation can pay for dental, prescriptions, and extended health. Whether those payments are deductible depends on how the plan is set up. - [CPP and the Dividend-Only Trap for Incorporated IT Contractors](https://teplov.ca/resources/cpp-dividend-trap-incorporated-contractors): Taking dividends instead of salary eliminates CPP contributions. That saves money now. What it costs you later depends on when you plan to draw benefits. - [Retained Earnings and Retirement Planning for Incorporated IT Contractors](https://teplov.ca/resources/retained-earnings-retirement-it-contractors): Retained earnings inside your corporation are not a retirement account. The tax cost of getting them out depends on how and when you extract them. - [Corporate Records Book for Incorporated IT Contractors](https://teplov.ca/resources/corporate-records-book-it-contractors): The minute book is a legal requirement, not optional paperwork. Here is what it contains, why it matters, and what the contractor's ongoing role is. - [Dormant Corporation vs. Dissolution for IT Contractors](https://teplov.ca/resources/dormant-corporation-vs-dissolution-it-contractors): When you stop contracting, the corporation stays open by default. Dormant and dissolved are not the same thing, and the choice has ongoing tax consequences. - [Setting Up an Accounting System for an Incorporated IT Contractor](https://teplov.ca/resources/accounting-system-setup-incorporated-it-contractors): What the corporation's accounting system needs to do before the first invoice is paid, and how to configure it so the books stay accurate through the year. - [Agency Invoices, EFT Payments, and GST/HST for Incorporated IT Contractors](https://teplov.ca/resources/agency-invoices-eft-hst-incorporated-contractors): How the agency invoice flow works, what GST/HST obligations apply, and how EFT payment timing connects to income recognition in your corporation. - [Monthly Close for Incorporated IT Contractors](https://teplov.ca/resources/monthly-close-it-contractors): A monthly close keeps the shareholder loan current, confirms GST/HST balances, and gives the year-end review numbers before options close. - [Payroll, T4, and Source Deductions for Owner-Managers](https://teplov.ca/resources/payroll-t4-source-deductions-owner-managers): When an incorporated IT contractor pays salary, the corporation becomes an employer with source deductions, remittances, and T4 obligations. - [Corporate Fiscal Year-End for Incorporated IT Contractors](https://teplov.ca/resources/corporate-fiscal-year-end-it-contractors): The fiscal year-end sets corporate filing and payment dates and shapes salary, bonus, dividend, and personal tax timing. - [Year-End Review for Incorporated IT Contractors](https://teplov.ca/resources/year-end-review-incorporated-it-contractors): The year-end review is when compensation, shareholder loan, corporate tax, and personal planning are aligned before the fiscal year closes and options narrow. - [GST/HST Filing After Registration for IT Contractors](https://teplov.ca/resources/gst-hst-filing-after-registration-it-contractors): Registration opens a recurring filing cycle. Each period needs a net tax calculation, a return, and a remittance on a deadline separate from income tax. - [Home Office Expenses for Quebec IT Contractors: TP-59 and the Employee Route](https://teplov.ca/resources/home-office-expenses-employee-quebec-tp59): Incorporated IT contractors who take salary may be able to claim home office expenses using T777 and TP-59. The rules differ from the self-employed route. - [Shareholder Loan Account for Incorporated IT Contractors](https://teplov.ca/resources/shareholder-loan-account-incorporated-it-contractors): Every draw and personal expense the corporation pays accumulates in the shareholder loan. A debit balance past the section 15(2) window is personal income. - [Winding Down a CCPC: What IT Contractors Need to Know](https://teplov.ca/resources/winding-down-ccpc-it-contractors): A CCPC wind-down is more than closing CRA accounts. Retained earnings, RDTOH, and the clearance certificate all affect timing and tax. - [Canada-U.S. Tax Treaty for IT Contractors](https://teplov.ca/resources/canada-us-tax-treaty-it-contractors): Canada-U.S. tax treaty basics for IT contractors: residency tie-breakers, withholding rates, RRSP treatment, and business income rules when you live in the U.S. - [The First $1M Consulting Firm: What Changes](https://teplov.ca/resources/first-million-consulting-firm-what-changes): Most IT consultancies hit $1M before fixing the infrastructure underneath. Here is what actually changes in the books and why most firms are not ready. - [Shareholder Agreements for Technical Consulting Firms](https://teplov.ca/resources/shareholder-agreements-technical-consulting-firms): Default corporate law does not fill the gaps a consulting firm needs covered: departures, valuations, deadlock, and what happens when a founder dies. - [Employees vs. Subcontractors in an IT Consulting Firm](https://teplov.ca/resources/employees-vs-subcontractors-consulting-firm): Calling someone a subcontractor does not make them one. CRA looks at the facts, and a wrong classification can mean CPP, EI, penalties, and interest. - [Project Profitability in a Small IT Consulting Firm](https://teplov.ca/resources/project-profitability-small-consulting-firm): Revenue tells you whether the firm is busy. Gross margin by project tells you whether the work is worth doing. Most small firms track one and miss the other. - [Paying Consulting Firm Owners: Salary, Dividends, and Draws](https://teplov.ca/resources/paying-consulting-firm-owners-salary-dividends-draws): When a consulting firm has two or three owners, the solo contractor compensation framework stops working. Here is what changes and why. - [One Corporation or Multiple for a Consulting Firm?](https://teplov.ca/resources/one-corporation-or-multiple-for-consulting-firm): Putting three consultants in one CCPC looks simple. The problems appear at compensation, SBD limits, and exit. - [The First Year as an Independent IT Contractor](https://teplov.ca/resources/first-year-independent-it-contractor): The transition from employee to independent contractor changes your tax structure immediately. Here is what to register, track, and file in year one. - [Canadian Filing Obligations While Living in the U.S.](https://teplov.ca/resources/canadian-filing-obligations-living-in-us): Moving to the U.S. doesn't end your Canadian tax obligations. Non-residents with Canadian-source income have specific annual filing rules. - [Your RRSP When You Leave Canada for the U.S.](https://teplov.ca/resources/rrsp-when-leaving-canada-for-us): Your RRSP isn't triggered when you leave Canada, but withdrawals as a non-resident bring new rules. This guide covers what changes and what to plan for. - [When Does an IT Contractor Become a Consultancy?](https://teplov.ca/resources/when-does-it-contractor-become-consulting-firm): The line between contractor and consultancy is not a revenue number. It is the moment clients stop buying your time and start buying your firm's capacity. - [Departure Tax When Moving from Canada to the U.S.](https://teplov.ca/resources/departure-tax-moving-from-canada-to-us): When you leave Canada for the U.S., CRA treats the departure date as a deemed sale of most property. This guide covers what that means before you file. - [Federal and Quebec Filing Structure for IT Contractors](https://teplov.ca/resources/federal-quebec-filing-structure-it-contractors): An IT contractor in Quebec files with two agencies. This guide maps the full structure: T2, CO-17, T1, TP-1, QST, RL slips, QPP, and two-track instalments. - [Business Expenses for Quebec IT Contractors](https://teplov.ca/resources/business-expenses-quebec-it-contractors): Quebec IT contractors claim expenses across two agencies and two forms. QST input tax refunds, TP-80, and Quebec rules change how the deductions work. - [Quebec Quarterly Tax Instalments for IT Contractors](https://teplov.ca/resources/quebec-quarterly-instalments-it-contractors): Quebec residents face two separate instalment tracks: one to CRA and one to Revenu Québec. Missing either triggers interest independently. - [Quebec Tax Document Checklist for IT Contractors](https://teplov.ca/resources/quebec-tax-document-checklist-it-contractors): Quebec IT contractors file with two agencies. This checklist adds RL slips, QST return documents, TP-80, TP-1, and CO-17 to the federal document list. - [Should I Incorporate as a Quebec IT Contractor?](https://teplov.ca/resources/should-i-incorporate-quebec-it-contractors): Quebec IT contractors need a different incorporation break-even: higher filing costs, QPP/QPIP payroll overhead, QST, and two tax agencies. - [Salary vs. Dividend for Quebec Incorporated IT Contractors](https://teplov.ca/resources/salary-vs-dividend-quebec-it-contractors): The salary vs. dividend calculation looks different in Quebec. QPP, QPIP, HSF, and a separate TP-1 all shift the math for Quebec owner-managers. - [QST Registration for IT Contractors in Quebec](https://teplov.ca/resources/qst-registration-it-contractors): In Quebec, both GST and QST are administered by Revenu Québec. One agency, two taxes, one registration process. - [Shareholder Benefits and Corporate Leakage for Incorporated IT Contractors](https://teplov.ca/resources/shareholder-corporate-leakage): Personal spending through a corporation is not a grey area. Unsupported personal expenses are commonly reassessed as shareholder benefits. - [Tax Filing for IT Contractors with a Quebec Establishment](https://teplov.ca/resources/quebec-incorporated-it-contractors): Working in Quebec adds a second set of returns: CO-17 alongside the T2, TP-1 alongside the T1, and QST alongside GST. - [T2 and T1 Filing for Incorporated IT Contractors](https://teplov.ca/resources/t2-and-t1-for-incorporated-it-contractors): The T2 and T1 are separate returns, but the compensation decisions you make for one directly affect what you owe in the other. - [Salary vs Dividend for Incorporated IT Contractors](https://teplov.ca/resources/salary-vs-dividend-it-contractors): The salary vs. dividend question isn't just about the tax rate. CPP, RRSP room, and loan eligibility all depend on how you pay yourself. - [W-8BEN and W-8BEN-E for Canadian IT Contractors](https://teplov.ca/resources/w8ben-w8bene-canadian-it-contractors): U.S. clients often request a W-8 form before paying. Which version you submit depends on whether you're a sole proprietor or a corporation. - [Sole Proprietor vs Corporation for IT Contractors](https://teplov.ca/resources/sole-proprietor-vs-corporation-it-contractors): Incorporation isn't automatically the better structure. The answer depends on your income level, risk tolerance, and how you work with clients. - [Reasonable Salary for Incorporated IT Contractors](https://teplov.ca/resources/reasonable-salary-incorporated-it-contractors): There's no formula for what to pay yourself from your corporation. But the decision affects your RRSP room, CPP, and what a lender counts as income. - [U.S. Client Income for Canadian IT Contractors](https://teplov.ca/resources/us-client-income-it-contractors): USD revenue is taxable in Canadian dollars at the exchange rate on the invoice date, not the day the money lands in your account. - [Personal Services Business Risk for Incorporated IT Contractors](https://teplov.ca/resources/personal-services-business-risk): If CRA classifies your corporation as a personal services business, most deductions disappear and the tax cost goes up significantly. - [How IT Contractors Should Organize Tax Documents for T1, T2125, and T2 Filing in Canada](https://teplov.ca/resources/it-contractor-tax-document-organization): Most of the scramble at tax time is avoidable. It comes down to what you track during the year and where you keep it. - [What IT Contractors Should Do When CRA Contacts Them](https://teplov.ca/resources/what-to-do-when-cra-contacts-you): A CRA letter can be a routine review or the start of an audit. Either way, the first step is understanding exactly what they're asking for. - [CRA Penalties and Interest for IT Contractors](https://teplov.ca/resources/cra-penalties-and-interest): CRA interest on late payments starts the day after the due date. By April, some contractors owe more than they expected. - [Home Office and Business Expenses for IT Contractors](https://teplov.ca/resources/home-office-vehicle-expenses): Home office, software, and equipment are all deductible: but CRA's documentation requirements are stricter than most contractors expect. - [Quarterly Tax Instalments for Canadian IT Contractors](https://teplov.ca/resources/quarterly-tax-installments): CRA charges interest on missed instalments even if you settle the full balance in April. - [Should I Incorporate as an IT Contractor?](https://teplov.ca/resources/should-i-incorporate): The tax savings are real, but so is the admin cost. Whether it makes sense depends on your income level and how you work. - [GST/HST Registration for Canadian IT Contractors](https://teplov.ca/resources/gst-hst-registration): Once you cross $30,000, registration timing depends on whether you exceed the threshold in one quarter or over several quarters. - [2025 Tax Document Checklist for IT Contractors and Tech Consultants](https://teplov.ca/resources/it-contractor-tax-document-checklist): T4A slips from clients don't always arrive on time, and a missing one is enough to trigger a reassessment. ## What Teplov CPA does Launch, Run, and Close accounting packages for Canadian IT professionals, including independent consultants, incorporated contractors, freelancers, and technology businesses with U.S. clients. Services include monthly bookkeeping, T1 personal tax returns, T2125 self-employment schedules, T2 corporate returns, GST/HST registration and filings, quarterly instalment calculations, incorporation timing analysis, personal services business risk review, salary and dividend planning, retained earnings planning, U.S. client income and foreign income support, W-8 context, and deduction strategy for software, equipment, home office, and professional development. Compliance package pricing is provided after consultation. Teplov CPA is connected to the public it-contractors-skills repository, which contains CPA-developed AI workflows for organizing Canadian IT contractor tax information before self-entry or CPA review. ## Professional standing Teplov CPA is registered with CPA Ontario. Services comply with the CPA Ontario Code of Professional Conduct and CPA Canada Handbook standards.