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, 20 Apr 2018 19:19:21 +0000

    You might have to pay tax on that — What Uber, Airbnb and Bitcoin mean to your return

    The new economy brings with it new tax filing considerations that weren’t even on most tax filers’ radar a few years back

  • Fri, 20 Apr 2018 15:36:54 +0000

    Downsizing their $1.6 million house would give this B.C. couple a big retirement boost

    But either way they will be in good shape due to strong saving and pensions

  • Thu, 19 Apr 2018 13:58:19 +0000

    ‘Multigenerational living’ may be the new old solution to sky-high housing prices

    Haider-Moranis Bulletin: If housing prices refuse to adjust to what buyers can afford, buyers may increasingly have to adjust their lifestyles to housing prices

  • Wed, 18 Apr 2018 11:54:03 +0000

    What child and spousal support payors (and recipients) need to know at tax time

    In the world of family law, April is just one more month where separated spouses feel the financial pain of separation

  • Mon, 16 Apr 2018 17:48:01 +0000

    More than 40% of Canadians feeling pinch of rising interest rates, up five percentage points

    47% of Canadians polled said they do not believe they'll be able to cover all living expenses in year without going into more debt

  • Fri, 13 Apr 2018 19:54:16 +0000

    Disappearing credits, principal residence sales and more things to watch for as you fill out your tax return

    April 30, 2018 is the 2017 tax filing deadline for most Canadians — here are some things to know this year

  • Fri, 13 Apr 2018 19:32:42 +0000

    Oil sector worker frets job loss will wreck plans, but with $2.2 million in assets, couple needn’t worry

    This couple has no debts, but Tom’s loss of a previous job several years ago has left him apprehensive about the future. Luckily, they are secure

  • Thu, 12 Apr 2018 15:08:06 +0000

    Canadians warned to climb out of debt before it’s too late, as threat of cooling housing markets looms

    Credit counselling expert says with debt loads at a record and little in the way of savings, Canadians may be 'caught off guard' if economic threats materialize

  • Tue, 10 Apr 2018 14:51:45 +0000

    Cracks are starting to show in Canadians’ credit quality, RBC warns

    Considering the fragile balance sheets of many indebted Canadians, this is worth watching

  • Sun, 08 Apr 2018 14:00:37 +0000

    In cutthroat housing market, realtors get creative with elaborate closing gifts to win clients’ loyalty

    Appliances, signed sports memorabilia, subscriptions to wine-of-the-month clubs, paintings of the property and spa days are all becoming common

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Peter Koutroulakis




Robert Pellegrino CPA, CGA

905-761-8080 ext. 224



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