Accounting that follows the way your technical business operates
From independent contracts to a growing delivery team, the right accounting reflects how revenue is earned, who delivers the work, and what needs attention before the filing deadline.
Start with the business model that best fits today.
Each page explains the accounting patterns, recordkeeping, and tax decisions most likely to matter for that stage of work.
- 01Independent work
IT Contractors
CPA-led bookkeeping, tax planning, and compliance for Canadian software, cloud, DevOps, and infrastructure contractors.
Key signalsOpen specialty- A single agency or enterprise contract can create PSB risk even when invoices are issued through a corporation
- Computers, monitors, and workstations are capital property, so CCA, rather than a full current-year expense, usually applies
- 02Specialized practice
Cybersecurity Consultants
CPA-led tax and accounting support for Canadian cybersecurity consultants handling certifications, tooling, client retainers, U.S. work, and PSB risk.
Key signalsOpen specialty- Professional liability, cyber, and general liability insurance are deductible, but the paying entity should match the practice structure
- Certifications, lab environments, and specialized tooling need retained receipts and a concise business-purpose record
- 03High-growth advisory
Data & AI Consultants
CPA support for Canadian data and AI consultants with high-value advisory contracts, U.S. clients, compute costs, and growing retained earnings.
Key signalsOpen specialty- Compute and AI subscriptions are usually current expenses, but genuinely experimental technical work may warrant separate SR&ED documentation
- U.S. clients paying in USD create W-8, exchange-rate, and GST/HST zero-rating questions before the first invoice is issued
- 04Advisory practice
Fractional CTOs and Technical Consultancies
CPA support for Canadian fractional CTO practices and technical consultancies managing retainers, multiple clients, subcontractors, payroll, and retained earnings.
Key signalsOpen specialty- Cash received up front is not always revenue; retainer and deposit balances need to reflect work still to be delivered
- Subcontractor costs need clear contracts, invoices, payment records, and a distinction from employee payroll
- 05Revenue-funded company
Bootstrapped & Services-Led Startups
CPA-led accounting for Canadian bootstrapped and services-led startups: bookkeeping, GST/HST, payroll, founder compensation, and clear runway visibility.
Key signalsOpen specialty- Founder draws, salary, dividends, and business expenses need to be separated before the books can show the company’s actual position
- Payroll obligations and GST/HST filing cadence often become urgent at the same moment that customer revenue starts to accelerate
Describe how revenue is earned and who is doing the work
Share your client mix, business structure, and current books status. Teplov CPA responds within one business day.