Who We Serve
Built for self-employed professionals with income that does not fit a standard template.
Most accounting practices are generalists. This one is not. Teplov CPA works with a defined set of industries where the tax rules are specific, the deductions are legitimate, and generalist advice leaves money on the table or creates compliance risk.
01
IT Contractors and Tech Consultants
Self-employed developers, architects, analysts, and consultants working on contract for one or more clients.
View Details Work With UsWhat makes it complex
- Multiple T4A slips from different clients
- Revenue from U.S. clients paid in USD
- Software subscriptions and SaaS tools
- Home office or co-working space expenses
- Equipment and hardware purchases
- Incorporation decision as income grows
What we handle
- T2125 with all software and home office deductions
- Foreign income conversion and reporting
- GST/HST registration and quarterly filing
- T2 corporate return and T4/dividend split if incorporated
- Quarterly instalment planning
Common situations
- First year contracting after leaving employment
- Moving from sole proprietor to incorporated
- U.S. client adding a substantial portion of income
- CRA information request on a T4A mismatch
02
Mortgage Brokers and Agents
Licensed mortgage professionals earning commission income through one or more brokerages.
View Details Work With UsWhat makes it complex
- Commission income timing that does not match calendar year
- Clawbacks when clients break mortgages early
- Referral fees paid and received
- Vehicle expenses for client and lender meetings
- Brokerage fees and association dues
What we handle
- T2125 reconciled against T4As and commission statements
- Clawback repayments documented as business expenses
- Mileage log review and vehicle expense calculation
- Home office deduction for dedicated workspace
- HST reporting on taxable brokerage activities
Common situations
- Commission income inconsistent year to year
- Moving between brokerages mid-year
- Significant vehicle use without a mileage log
- First year incorporating the brokerage business
03
Insurance Brokers
Licensed brokers and agents earning commissions across one or more carriers or managing general agents.
View Details Work With UsWhat makes it complex
- Commissions from multiple carriers on different T4As
- Renewal commissions from policies sold in prior years
- Licensing fees across multiple product lines
- Territory expenses and client entertainment
- Errors and omissions insurance premiums
What we handle
- T2125 with multi-source commission income
- Renewal commission tracking and timing
- Deductibility of licensing, E&O, and association costs
- GST/HST obligations on taxable broker fees
- Income splitting analysis if a spouse is involved
Common situations
- Moving from captive employment to independent brokerage
- Adding life or investments alongside P&C
- Renewal book growing while current-year income varies
- Incorporation timing decision
04
Trades Contractors
Electricians, plumbers, HVAC technicians, carpenters, and other skilled trades working on project or contract basis.
View Details Work With UsWhat makes it complex
- Project-based income from multiple clients
- Equipment and tool purchases as capital or immediate expense
- Vehicle use across job sites
- Materials purchased for jobs
- HST varies by project type: residential vs. commercial
What we handle
- T2125 with full trade expense schedule
- CCA for equipment over immediate expensing threshold
- HST registration and filing for taxable trades work
- Apprentice and certification cost deductibility
- T4A obligations if you hire subcontractors
Common situations
- Growing from employee to self-employed contractor
- Purchasing a first work vehicle or trailer
- Taking on subcontractors for the first time
- HST audit risk from cash-basis revenue patterns
05
Real Estate Agents
Registered salespersons and brokers earning commission on residential and commercial transactions.
View Details Work With UsWhat makes it complex
- Commission splits with brokerage reported on T4A
- Deals signed in December but closed in January
- Referral fees paid and received
- Marketing, advertising, and staging costs
- Vehicle use for showings and client meetings
What we handle
- T2125 reconciled against T4As and commission statements
- Referral fee documentation both ways
- Full marketing and advertising expense schedule
- Vehicle expense calculation with mileage log review
- HST registration and filing on taxable commissions
Common situations
- First year as a registered salesperson
- Moving from one brokerage to another mid-year
- Building a team and tracking referral splits
- High-commission year creating large instalment gaps
06
Real Estate Investors
Individuals holding one or more rental properties, whether long-term residential, short-term, or commercial.
View Details Work With UsWhat makes it complex
- T776 Rental Income schedule for each property
- CCA on the building and future recapture liability
- Repairs vs. capital improvements distinction
- Co-ownership with a partner or spouse
- Disposition triggers capital gain and CCA recapture
What we handle
- T776 with full expense schedule and CCA election decisions
- Repair vs. capital improvement analysis for current deductions
- Adjusted cost base tracking over the holding period
- Recapture and capital gain calculation on sale
- Corporate structure if properties are held through a company
Common situations
- First rental property acquired
- Adding a second property and needing a system
- Selling a property and calculating the full tax impact
- Short-term rental platform income and GST/HST obligations
Not sure if your situation fits?
If you are self-employed in Canada and your income does not come from a single T4, this practice was designed with you in mind.
Talk to a Specialist