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. 



  • Thu, 14 Dec 2017 20:54:58 +0000

    Home sales seen to fall more than 5% as new mortgage rules kick in

    Canadian Real Estate Association cuts forecast, saying tougher rules on qualifying for a mortgage will erode home affordability

  • Thu, 14 Dec 2017 14:49:41 +0000

    Canadians now owe $1.71 for every $1 of disposable income they earn — that’s a new high

    The amount Canadians owe relative to their income hit another new high in the third quarter

  • Wed, 13 Dec 2017 20:41:11 +0000

    Liberals tweak income sprinkling rules as Senate committee says tax changes should be scrapped or postponed

    The Senate report issued this morning calls on Morneau to withdraw proposed changes to the Income Tax Act and instead undertake a full review of the law

  • Wed, 13 Dec 2017 16:51:23 +0000

    Canada’s housing risks haven’t gone away — they’ve just moved to the shadows

    New rules that make it tougher to get a mortgage are driving borrowers to a lending market where there is less oversight and regulation

  • Wed, 13 Dec 2017 14:43:46 +0000

    Toronto home price gains to beat other Canadian cities next year: Royal LePage

    Prices to rise almost 7%, beating Vancouver, Montreal and the national average

  • Tue, 12 Dec 2017 20:29:08 +0000

    The retirement advice most people don’t expect: Spend more money, have more fun, give more away

    Ted Rechtshaffen: You worked for many years to be in a good financial position — now is the time to realize some of the benefits. The clock is ticking

  • Mon, 11 Dec 2017 19:52:43 +0000

    Some of the world’s priciest real estate floats on the open seas

    And that’s before the $900,000 in annual maintanence fees

  • Mon, 11 Dec 2017 16:36:25 +0000

    Ottawa’s tax changes threaten to swamp the court, chief justices warn

    New rules that are ‘very subjective and very open to litigation’ are expected to flood the already overburdened CRA and court

  • Fri, 08 Dec 2017 19:34:05 +0000

    Diabetes dispute puts disability tax credit in the spotlight

    Jamie Golombek: Qualifying for the disability tax credit can be a difficult journey for some, depending on the type of disability

  • Fri, 08 Dec 2017 18:33:23 +0000

    Developers are building more condos in Canada than ever before — and that has economists scratching their heads

    Investors beware — the numbers may not be what they seem

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Peter Koutroulakis




Robert Pellegrino CPA, CGA

905-761-8080 ext. 224



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