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.



  • Fri, 28 Apr 2017 21:25:13 +0000

    Toronto home prices headed for a tumble? Ratings service considers the possibility

    Fitch Ratings thinks changes brought in by the Ontario provincial government to cool housing will dampen prices and maybe even result in a price correction

  • Fri, 28 Apr 2017 15:13:28 +0000

    How Trump’s tax-cut plan stacks up against the Canadian tax system

    From tax rates to exemptions to taxes at death, expert Jamie Golombek does a side by side

  • Fri, 28 Apr 2017 15:00:52 +0000

    Pension-less couple who saved their way to affluence still worry if it’s enough to retire on

    Once poor couple, this now wealthy Alberta pair is 'in much better shape than they think'

  • Fri, 28 Apr 2017 14:21:16 +0000

    Wealthsimple targeting older U.S. demographic due to student loan debt, says CEO

    'If I said 25 to 35 in Canada has really been a sweet spot for us, (it is) maybe 35 to 45 in the U.S.'

  • Thu, 27 Apr 2017 22:27:14 +0000

    OSC to take over oversight of syndicated mortgages as Ontario budget adds measures to protect investors

    Ontario is moving ahead with plans to transfer responsibility for syndicated mortgage investments from FSCO to the Ontario Securities Commission

  • Thu, 27 Apr 2017 20:30:32 +0000

    Details still hazy in Ontario Budget on plan for one-size-fits-all renters’ agreement

    Some clarification but still many unknowns about Ontario’s 16-point plan to cool Toronto’s hot housing market

  • Thu, 27 Apr 2017 15:49:02 +0000

    Big hedge funds see assets shrink for the first time since financial crisis: Billion Dollar Club survey

    More than half of the hedge funds that manage more than $1 billion saw their assets contract last year, also a first since the financial crisis

  • Thu, 27 Apr 2017 12:17:36 +0000

    Boomers should a formalize plans about how they want to be taken care of, because their kids aren’t going to

    The survey out Thursday paints a picture of an aging population that simply refuses to plan ahead and adult children who don't want to question their parents about their plans

  • Wed, 26 Apr 2017 19:53:56 +0000

    Canada’s housing market still flashing ‘red’ warning, but some signs of improvement, says CMHC

    Toronto, Hamilton, Victoria, Vancouver, Saskatoon are considered the riskiest markets in the country by the housing watchdog

  • Wed, 26 Apr 2017 13:09:53 +0000

    Private equity eyes your nest egg, but faces challenges getting at normal people’s money

    'One of the dreams is our desire — and the market's need — to have more access'

  • Wed, 26 Apr 2017 12:19:44 +0000

    Low oil, big problem: World’s top money manager sees nothing to like in Canada stocks

    'There's virtually no representation in the market cap of healthcare and technology companies'

  • Tue, 25 Apr 2017 16:21:01 +0000

    The rich are living longer — and taking more from taxpayers

    The richest 50-year-olds should make it almost to 89, seven years longer than their parents' generation

  • Mon, 24 Apr 2017 19:59:16 +0000

    Grapes from her parents’ Bordeaux vineyard the inspiration and source for luxury skin care company

    Mathilde Thomas, the founder of Caudalie, along with her husband Bertrand, got the idea for her global business from a doctor who said throwing away grape skins was a terrible waste of anti-oxidants

  • Mon, 24 Apr 2017 19:34:35 +0000

    New rent control rules could put condo investors in a negative-cash-flow corner

    Ontario condo investors may end up increasingly in the red under rent control rules that will place limits on their annual rent increases, according to a report out Monday

  • Mon, 24 Apr 2017 19:30:29 +0000

    Cracks appear in Toronto’s housing market as alternative mortgage lender Home Capital drops

    As home prices rise unabated, allegations against an alternative mortgage lender raise concern that this is just the tip of the iceberg

  • Fri, 21 Apr 2017 19:53:32 +0000

    GTA new homes prices shatter record in March as market faces new government regulations

    Just as Ontario unveils new rules to cool the housing market, home prices shatter another record

  • Fri, 21 Apr 2017 19:21:53 +0000

    If you live in the Greater Toronto Area, real estate prices will continue to go up

    Tim Hudak on why Ontario’s Fair Housing Plan might not work: Unless we get more houses to the market, we’ll be in the same boat

  • Fri, 21 Apr 2017 19:17:14 +0000

    Deconstructed: The good, the bad and the ugly of Ontario’s 16-point plan to tame housing

    Here's a breakdown of each of the 16 measures announced yesterday and the impact housing markets experts believe they will or will not have

  • Fri, 21 Apr 2017 17:34:23 +0000

    In their mid-sixties and in a vise of debt, this B.C. couple needs a balance-sheet fix — and fast

    The pair are outspending their monthly income by 38% and could be forced to sell their condo and become renters. But there are solutions

  • Thu, 20 Apr 2017 21:50:41 +0000

    Ontario slaps 15% tax on foreign buyers, expands rent control in 16-point plan to cool housing

    Ontario also plans to help cool a hot housing market by allowing Toronto to impose a tax on vacant homes and using surplus lands for affordable housing

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Peter Koutroulakis




Robert Pellegrino CPA, CGA

905-761-8080 ext. 224



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