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.




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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Marketing practices from the past that are still vital to delivering exceptional customer service.  Big data, mobile, social and content is the future of marketing but consumers are not just influenced by brand messages rather the experience they from brands.  Positive customer experiences are paramount. 

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. 

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.

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.

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.

For years the approach in employee reviews was to discuss deficiencies.  In 2016, look for an increase in Strength based leadership.  Though we can be taught just about anything, we are most engaged and productive when doing things we enjoy where we can demonstrate proficiency.



  • Wed, 26 Oct 2016 18:35:42 +0000

    CMHC calls for slowing housing market in 2017, but prices will continue to rise

    New construction to slow down next year as the market finally catches up to the reality that there are not enough people to live in the houses being built

  • Wed, 26 Oct 2016 16:45:18 +0000

    Brookfield Office REIT getting dragged down by its Calgary portfolio

    Brookfield Canada Office Properties Real Estate Investment Trust is being hit by a Calgary portfolio with declining rental rates

  • Wed, 26 Oct 2016 13:14:54 +0000

    Crib in the closet, change table on the dryer: This is how young families live in Vancouver

    In the face of sky-high prices, many families have to give up dreams of a house and a yard, and carve homes out of tiny spaces, while still carrying a hefty mortgage or rent

  • Wed, 26 Oct 2016 04:01:30 +0000

    Canadians have the third-largest homes, but they may downsize to deal with affordability: report

    Looking around the world, the average home size shrinks to less than 500 square feet in Hong Kong — last on the list of the 15 countries and regions studied

  • Tue, 25 Oct 2016 19:58:13 +0000

    Canadians’ use of high-interest payday loans doubles, raising more red flags about debt

    New study finds nearly 90% of Canadians who take on high-interest payday loans are doing so to cover necessary expenses or avoid late charges on bills

  • Tue, 25 Oct 2016 17:27:59 +0000

    Myth-busting: There are too many options and too many platforms for self-directed investors to choose from

    The marketplace offers an exceptional variety of products and platforms, but it isn’t difficult to drill down and find the platform that suits you best

  • Mon, 24 Oct 2016 21:15:51 +0000

    Here’s why millennials might actually be better off than their baby boomer parents

    The tech-savvy cohort will be in "the driver's seat," argues an RBC report, and will dominate Canada's future via social media, mobile devices and e-commerce

  • Mon, 24 Oct 2016 17:03:08 +0000

    The book on not retiring: How to get out of the corporate rat race but still stay in the game

    Once you have achieved some level of Findependence, you have the confidence to focus on creating a lifestyle that will work for you after leaving your primary career behind

  • Mon, 24 Oct 2016 14:03:14 +0000

    Why it’s not time to celebrate the new investment-fee disclosure rules just yet

    If you work with anyone who sells mutual funds, your statement will continue to be a convoluted view of what you actually pay

  • Mon, 24 Oct 2016 12:32:15 +0000

    How big banks control one of the keys of the new mortgage rules

    What if the government created brand new mortgage rules to keep a lid on expanding debt in Canada, but handed the keys to the vault to the six biggest banks in the country?

  • Mon, 24 Oct 2016 04:00:08 +0000

    How to minimize stress when selling your business

    Brian Hurl loved being an entrepreneur, and why wouldn’t he? The Vancouver-based businessman essentially bought a chocolate factory in 2006. That alone is akin to fulfilling the dreams of chocolate lovers everywhere. Yet the owner of Foley’s Candies, which sells bulk chocolate to retail grocery stores, bakeries and other food businesses, was faced with a […]

  • Fri, 21 Oct 2016 17:04:43 +0000

    Why it’s time to time to start talking about your end-of-year tax plans

    It's a good to think about registered plans now in case the looming Dec. 31st deadline interferes with your 2016 contribution plans

  • Fri, 21 Oct 2016 16:52:45 +0000

    Ottawa floats changes to mortgage default rules, targets banks with risk-sharing plan amid housing boom

    The government is considering whether that transfer of risk — from taxpayer-backed insurance to private lenders — would provide greater stability to the financial sector

  • Fri, 21 Oct 2016 16:37:51 +0000

    The big lesson from Nortel Networks: Pension plans aren’t a guarantee

    Ever since the company first filed for bankruptcy protection in 2009, the 20,000 Canadian pensioners of the company have been waiting to see how much they will get

  • Thu, 20 Oct 2016 23:32:47 +0000

    Toronto home buyers look to condos which are now getting larger to accommodate them

    The average size of a high-rise home climbed to 809 square feet, compared to 767 square feet a year earlier as new high-rise home sales look to be on pace for a record year

  • Thu, 20 Oct 2016 18:59:33 +0000

    Canada’s mortgage brokers find ways around new lending rules

    Brokers are planning to direct more borrowers to the so-called shadow lending market where private investors are eager to lend at rates that could enter double digits

  • Thu, 20 Oct 2016 12:00:45 +0000

    Alberta woman needs to cut mutual fund fees and hold off on CPP to retire at 70

    Self-employed Helen has a modest plan in mind for her golden years, but expensive investment products and no company pension are weighing on her budget

  • Wed, 19 Oct 2016 21:42:02 +0000

    Housing policy is being created for the whole country based on markets in Toronto and Vancouver

    There is almost a sense of bewilderment in places like Halifax and Edmonton or Montreal, where people wonder what overheated housing market anyone is talking about

  • Wed, 19 Oct 2016 19:03:08 +0000

    Realtor says Vancouver foreign-buyer tax had ‘significant’ impact on luxury homes sales in Toronto

    Barry Cohen, a luxury realtor with Re/Max says the sale of homes worth more than $2 million soared in the third quarter of this year

  • Tue, 18 Oct 2016 19:07:00 +0000

    Tory leadership hopeful Michael Chong says it’s time to privatize CMHC

    The single biggest driver behind what some call Canada’s housing bubble has been ‘the massive expansion of government-backed mortgage credit’, charges the MP

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Peter Koutroulakis




Robert Pellegrino CPA, CGA

905-761-8080 ext. 224



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