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, 10 Aug 2018 15:57:25 +0000

    With $2.89-million net worth, this B.C. couple should be wealthy — but they have a cash flow problem

    Solutions include opening TFSAs and cutting back spending on $417 a month for hobbies and golf, $350 for restaurants and $333 for house cleaning

  • Fri, 10 Aug 2018 14:10:44 +0000

    How tax rate differences across the country can pop up in unlikely places

    Jamie Golombek: As this case shows, there are big tax advantages to living in Nunavut, and that difference can show up where you'd least expect it

  • Fri, 10 Aug 2018 13:25:02 +0000

    Meet Generation Z, the group about to become more influential than millennials

    Aged between 3 and 23 years old, Gen Zers are already having an impact on spending, and businesses are scrambling to understand their desires

  • Thu, 09 Aug 2018 16:01:21 +0000

    How much money will you need after you retire? Likely less than you think

    Even people who start retirement with less than $200,000 had 75% of their cash assets 18 years later

  • Thu, 09 Aug 2018 11:00:46 +0000

    Millennials are old news — now it’s Gen Z’s turn to kill industries

    Thanks to teens' murderous whims, malls, print magazines, cash and even American football's days are numbered

  • Wed, 08 Aug 2018 21:04:09 +0000

    Buyers of new condos get twice the space in Waterloo as in Toronto

    Cities west of GTA gain 'notable traction' in sales in first six months

  • Wed, 08 Aug 2018 19:27:12 +0000

    Baby boomers plan to stay in their homes, renovate in face of unaffordable housing markets

    New study says 80% of boomers plan to stay in their homes over the next five years instead of downsizing

  • Tue, 07 Aug 2018 13:29:02 +0000

    Why high-income Canadians paying spousal support shouldn’t expect any relief

    As this recent case shows, the application of Canada's Spousal Support Advisory Guidelines will no doubt continue to leave high-income payors disheartened

  • Fri, 03 Aug 2018 20:04:21 +0000

    U.S. reopens debate over indexing of capital gains to inflation — how does it work and who benefits

    How does Canada's capital gains regime stack up?

  • Fri, 03 Aug 2018 12:51:14 +0000

    With termination payments ending years before retirement, this Ontario couple’s free spending ways are over

    The challenge is to go from spending a $1,000 a month on good restaurants and entertainment to a slender budget

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Peter Koutroulakis




Robert Pellegrino CPA, CGA

905-761-8080 ext. 224



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