KBFP LLP is a Licensed Public Accounting firm of Chartered Professional Accountants in Vaughan, Barrie & Orangeville that provides an array of accounting, tax, assurance and business advisory services to Canadian companies.

Our firm provides consulting services, audit, review and notice to reader engagements, financial projections, corporate and personal tax preparation, estate tax preparation, sale, acquisition and business startup services, accounting software implementation, and much more.

We have the skills and knowledge to provide any of the accounting, tax and assurance services to meet clients needs.

We will bring your accounting to a virtual level.  We will simplify and make you more efficient using the latest cloud based solutions and apps.




At KBFP, we offer qualified accountants for audits, reviews or compilations to meet the needs of your business.

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Estate and trust taxation is a very specialized practice.

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Even the most qualified managers can benefit from competent, objective feedback.

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At KBFP, we offer a wide range of accounting services tailored to the needs of our clients.

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Cloud based accounting applications are here and are only getting better.  With the likes of QBO and XERO leading the charge.  There are countless 3rd party applications that digitize your accouting life.  For more information contact your local KBFP office.

The lifetime capital gains exemption on qualified small business shares has increased from $750,000 to $800,000 and indexed to inflation. If you are a small business owner contact us to find out how you can benefit from the exemption.

Statistics show that only 1/3 of all businesses transfer to the next generation and only 13% into the 3rd generation. If you have a business you would like to pass onto your children using the most efficient tax methods ask us about our recomended succession planning strategies.

Think you owe money to Canada Revenue Agency due to delinquent filings or reporting issues. Contact us to determine if you would be eligible to have the interest and penalties waived on owing.

KBFP can provide a business health check.  A business health check determines business performance as measured by its key performance indicators.  Let us show you the impact of every major business decision you will make before you make it. 



  • Fri, 14 Dec 2018 19:06:55 +0000

    Canadians’ household debt burden creeps higher

    We owe nearly $1.78 in credit market debt to every $1 disposable income

  • Fri, 14 Dec 2018 14:47:43 +0000

    Qualifying for disability tax credit an uphill battle for many amid spike in CRA rejections

    A recent tax case illustrates the challenges DTC applicants face when trying to prove 'severe and prolonged impairment' affecting daily living

  • Fri, 14 Dec 2018 14:11:38 +0000

    Alberta couple with three homes needs to simplify their finances before retirement

    Sam and Frances have a solid net worth and an abundance of assets making their finances too complex to manage once they quit working

  • Thu, 13 Dec 2018 15:43:22 +0000

    Toronto and Vancouver most ‘vulnerable’ to interest rate hikes as personal debt soars, CMHC warns

    For every dollar of disposable income, Vancouver residents owe $2.42; in Toronto, it's $2.08

  • Thu, 13 Dec 2018 14:13:28 +0000

    Toronto new home prices see biggest 12-month drop in more than two decades

    Further evidence that tighter mortgage lending has slowed a boom in Canada's biggest city

  • Wed, 12 Dec 2018 22:47:36 +0000

    There are reasons to be optimistic about real estate in 2019

    Haider-Moranis Bulletin: Given a lacklustre 2018, and as long as there's no major economic shock, housing markets could see slight growth in prices and sales

  • Tue, 11 Dec 2018 20:59:05 +0000

    She paid the insurance premiums for 13 years, but his new spouse got the payout — until the court intervened

    Full $250,000 paid to first wife in ruling guided by principle of unjust enrichment

  • Mon, 10 Dec 2018 12:00:12 +0000

    Canadians should start thinking outside the box to boost their investment returns

    Ted Rechtshaffen: Smart and wealthy people are shifting investing dollars outside Canada and traditional asset classes. Here’s three ways how you can too

  • Fri, 07 Dec 2018 16:09:42 +0000

    Couple with $2.9 million in assets and no debt think they won’t be able to make ends meet in retirement

    Pessimism and lagging investments dog them, but the reality is they will have more money than they are accustomed to spending in retirement

  • Fri, 07 Dec 2018 12:00:35 +0000

    Are business expenses still tax deductible if you no longer operate said business?

    Jamie Golombek: The CRA rejected a retired lawyer's move to deduct file storage fees from her former practice; here's what the Tax Court said

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Peter Koutroulakis




Robert Pellegrino CPA, CGA

905-761-8080 ext. 224



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