Teplov CPA Complimentary Review
Engagements

Specialist accounting and tax for Canadian IT professionals

From first registration to wind-down, Teplov CPA handles files that require customized scope, continuing CPA judgment or a transition outside routine corporate administration. Every engagement begins with an Initial Review. Ongoing work is coordinated through a secure Client Workspace.

Two service models

Choose the model that matches the file

Routine corporate administration and specialist CPA work need different operating models. The starting point depends on the corporation's current condition and the judgment the work requires.

SoloInc

Standardized recurring compliance

For an eligible one-owner service corporation with current books and complete digital records, whether it is operating routinely or genuinely inactive. SoloInc Complete and SoloInc Hold provide fixed-scope recurring compliance at clear monthly prices.

Compare SoloInc packages
Teplov CPA

Specialist CPA engagement

For Canadian IT professionals who are starting, behind on filings, changing structure, growing, closing, or dealing with an inactive corporation that has overdue filings, unresolved accounts or another non-routine matter.

Teplov CPA engagement details

Launch

Business setup

Set up or correct the registrations, bookkeeping and records your business needs. We address any cleanup within the agreed scope so ongoing work starts from reliable information.

TypeOne-time fixed scope
Timeline2 to 4 weeks typical
Book a 15-minute introduction

What is included

  • Business structure review: sole proprietorship vs. corporation, and which province to operate from
  • Federal and provincial tax registrations: CRA business number, GST/HST, payroll, corporate accounts, and Revenu Québec QST where applicable
  • QuickBooks Online setup with chart of accounts for your business type
  • Invoicing setup: template, payment terms, and GST/HST line configuration
  • Receipt, expense and mileage tracking workflows where applicable
  • Prior-year cleanup and opening balances where needed
  • Corporate records, resolutions, share registers and officer records where incorporated
  • Set up a shared list of first-year filing obligations, outstanding actions and important tax decisions

Who this is for

IT professionals starting or incorporating, and businesses with missing registrations, incomplete records or setup that needs correction.

Run

Specialist ongoing accounting

Run supports incorporated IT professionals and consultancies whose files need continuing CPA judgment. We coordinate bookkeeping, filings and advice throughout the year, with a Client Workspace showing open items, due dates and decisions.

TypeOngoing retainer
CadenceOngoing + year-end
AdvisoryWithin agreed scope
Book a 15-minute introduction

What is included

  • Bookkeeping performed or reviewed in QuickBooks Online as the foundation for tax and advisory work
  • GST/HST and QST filings where the underlying transactions require specialist review
  • Owner payroll, employee payroll or subcontractor reporting within the agreed scope
  • Corporate tax return (T2 federal, CO-17 Quebec where applicable)
  • Personal tax return (T1) for business owners
  • T4 and T5 slips where applicable
  • Year-end financial statements and working papers
  • CRA correspondence handling
  • Annual corporate records review, updates and resolutions where required

Advisory covers

  • Salary vs. dividend split: optimizing compensation before year-end
  • Shareholder loan: keeping the balance clean and avoiding deemed income
  • PSB risk: Personal Services Business exposure for contractors with a dominant client
  • Tax instalments: planning remittances to avoid arrears interest when income fluctuates
  • GST/HST on foreign billing: treatment when invoicing U.S. or international clients
  • Home office deduction: eligibility, method, and documentation
  • RRSP vs. retained earnings: when to contribute personally vs. hold inside the corporation
  • Cryptocurrency received for services and corporate digital asset holdings

What you can see during the year

  • Requests, responsible people, due dates and status in your Client Workspace
  • Upcoming obligations, open questions and recorded decisions
  • Financial statements in QuickBooks Online as the books are updated under the agreed scope

Who this is for

Incorporated IT professionals and consultancies with non-routine needs such as PSB exposure, Quebec or foreign activity, employees, substantial subcontracting or a growing delivery model. For an eligible one-owner corporation with current books and routine needs, compare SoloInc Complete or SoloInc Hold.

Special projects

RSU and ESPP reconciliation

Project-based reconciliation and Canadian tax-reporting support when employer records, brokerage activity, tax slips, share transactions, and foreign-currency amounts do not form one reliable filing record.

TypeOne-time specialist project
ScopeConfirmed after the records are reviewed
View project details

What the project can include

  • RSU vesting, share delivery, withholding, sale, and cash-flow reconciliation
  • ESPP contribution, purchase, discount, share, and disposition reconciliation
  • Employer slips and payroll records compared with plan and brokerage statements
  • Canadian-dollar schedules using transaction-date foreign-exchange support
  • Adjusted cost base, proceeds, commissions, and capital gain or loss working papers
  • Foreign-property reporting review where non-Canadian shares are involved

Who this is for

Canadian technology professionals whose equity-compensation records involve multiple vesting or purchase lots, a foreign employer or broker, sell-to-cover transactions, incomplete cost information, or totals that do not reconcile cleanly to the Canadian tax slips.

Close

Corporation wind-down

For corporations permanently stopping operations and proceeding toward dissolution. We coordinate final filings, account closures, any required clearance certificate and the owner's return for the wind-down year.

TypeOne-time fixed scope
TimingEngage before final year-end
Book a 15-minute introduction

What is included

  • Final T2 and CO-17 corporate returns where applicable
  • Final GST/HST filing and federal account closure
  • Provincial account closure, including Revenu Québec QST where applicable
  • Payroll account deregistration and final T4 filing where applicable
  • Final financial statements
  • Personal tax return for the wind-down year
  • CRA clearance certificate coordination where corporate property will be distributed
  • Outstanding compliance identified and scoped where needed

What to prepare for

  • A clearance certificate is requested after required returns are assessed and taxes are paid or secured
  • CRA program accounts are closed at the appropriate stage, which may follow legal dissolution
  • Remaining assets and proposed shareholder distributions are reviewed before final steps

Who this is for

IT professionals and incorporated businesses that have stopped operating and are proceeding toward account closure and dissolution. Teplov CPA also handles inactive corporations with overdue filings, unresolved balances or other non-routine issues that must be cleared before the next step. An eligible inactive corporation that simply needs recurring routine compliance should review SoloInc Hold. See what stays in effect when a corporation is between contracts.

Fees

Typical engagement fees

Fees depend on the file's condition and the agreed scope. We confirm the engagement fee after the Initial Review.

Engagement Typical fee
Launch $1,000 – $2,000
Run $100 – $800 / month
Close $1,500 – $3,000+
Projects Quoted by project

These ranges are indicative. Complex consultancies, multi-owner corporations and extensive catch-up work may require a custom quote.

What determines the final fee

  • Business structure, ownership and jurisdiction
  • Payroll and subcontractor requirements
  • U.S. or other foreign income
  • Condition of bookkeeping and corporate records
  • Outstanding filings and other required cleanup

Initial Review

Every specialist engagement begins with a review of your existing file. We identify outstanding issues, set priorities and define the scope and fees before work begins.

TimelineTypically 2 to 5 business days after all requested documents are received
See Initial Review details

What we review

Bookkeeping, prior returns, tax accounts, correspondence and corporate records where applicable. The review also identifies missing filings and matters that need follow-up.

A separate complimentary option

The Complimentary Tax and Compliance Review is a high-level second opinion on your most recent tax year. It is separate from onboarding.

Get started

Send a brief description of your business and where you are in the lifecycle

We respond within one business day.

Book a 15-minute introduction Send an inquiry