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.



  • Mon, 27 Mar 2017 22:03:53 +0000

    Housing affordability measures will be coming in Ontario’s spring budget: Charles Sousa

    The Ontario finance minister confirmed on Monday that he plans to include housing affordability measures in his upcoming budget

  • Fri, 24 Mar 2017 17:52:00 +0000

    When your employer goes bust, that doesn’t mean your retirement will get taken down, too

    Cliff, 56, is losing his $89,000 a year job but the good news is he's a 'poster child' for financial responsibility and just needs to map out his money if he can't find another job

  • Fri, 24 Mar 2017 16:36:18 +0000

    The CPP deferral debate: Spend your risky dollars first because they may not be there in your 80s

    Deferring your Canada Pension Plan until later doesn’t mean you can’t spend more in your 60s, argues actuary Fred Vetttese

  • Fri, 24 Mar 2017 15:40:41 +0000

    Federal budget only tweaks tax rules, but hints at more changes coming down the road

    The federal budget didn’t contain much in terms of meaningful tax policy announcements, but let’s take a look at changes that may be of interest to investors or small business owners

  • Thu, 23 Mar 2017 23:24:25 +0000

    Budget 2017’s economic forecasts are timid and that spells good news for protecting your wallet

    Ottawa's growth predictions are based on private sector consultations from December but since then the economy has flashed 'relentless' signs of improvement

  • Thu, 23 Mar 2017 22:13:38 +0000

    Don’t relax too much: Finance Minister Bill Morneau doesn’t rule out future changes to capital gains taxes

    When asked about possible changes to the way profits from selling off personal assets are taxed in the future, the Finance Minister left the door open

  • Thu, 23 Mar 2017 11:00:56 +0000

    Giving them the boot: How to get rid of your millennial children in five easy steps

    Toronto's housing crisis is being exacerbated by 20-somethings who either return home after school or never left in the first place

  • Wed, 22 Mar 2017 22:10:37 +0000

    From taxes on alcohol to GST on Uber rides: The top seven ways this budget will help or hit your pocketbook

    A two-four of beer will cost a nickel more and budget 2017 also spells the end the public transit tax credit — but it's not all bad news

  • Wed, 22 Mar 2017 21:36:43 +0000

    Just the facts: Ottawa beefs up spending in federal budget for data collection on the housing market

    Economists applaud budget funding to track foreign buyers in housing market because ‘you can’t manage what you can’t measure’

  • Wed, 22 Mar 2017 21:21:52 +0000

    Liberals double amount of money aimed at cracking down on tax cheats

    Federal Budget 2017: An additional $523.9 million will be spent on additional auditors and specialists, with a focus on high net-worth individuals and corporations

  • Wed, 22 Mar 2017 17:20:19 +0000

    Government policies creating ‘unprecedented’ uncertainty in high-end real estate market: report

    Toronto expected to keep leading in sales of homes worth over $1 million, but recent policy changes from federal, provincial and municipal governments remain 'wild cards'

  • Wed, 22 Mar 2017 11:32:40 +0000

    Mortgage gap created by the posted rate leaves homebuyers with a decision to make

    A new requirement that has disrupted the lending world is the stipulation that consumers now qualify based on the Bank of Canada posted rate for a five-year fixed-rate mortgage

  • Tue, 21 Mar 2017 18:20:05 +0000

    Toronto home prices may jump 25% in 2017 with cycle starting to mirror others that ended badly: TD Economics

    Chief economist says evidence building that forces behind stratspheric increases are 'speculative' which increase the risk of rapidly unwinding price gains

  • Tue, 21 Mar 2017 17:52:06 +0000

    Counterpoint: Why taking CPP at 60 can make sense, even when the hard math says otherwise

    Lisa Bjornson and Fred Vettese recently wrote that Canadians should wait to take the CPP until age 70. But Ted Rechtshaffen says take the money today. Here's why:

  • Tue, 21 Mar 2017 12:18:08 +0000

    Luc Vallée: Why increasing taxes on homes, investments makes absolutely no economic sense

    Luc Vallée: At a time when the United States is considering lowering taxes, it is imperative that the Canadian tax regime remains competitive

  • Mon, 20 Mar 2017 19:29:40 +0000

    Ontario urges Ottawa to change tax rules in bid to curb house flipping in hot markets

    Ontario Finance Minister Charles Sousa is urging Ottawa to address speculative investing in the country's housing markets by changing how such profits are taxed

  • Mon, 20 Mar 2017 09:00:48 +0000

    This retirement decision could be worth $72,000, but few Canadians take advantage of it

    Is it better to start CPP at 60 or 65 or even 70? This article may be the one and only time you will see a definitive answer to this question

  • Fri, 17 Mar 2017 16:12:33 +0000

    Downsizing her $3 million family home key to upsizing this woman’s retirement

    Selling the family home is tough, but if she does, this B.C. woman can still buy a $2 million house and invest the rest

  • Thu, 16 Mar 2017 19:15:25 +0000

    Why small businesses are sweating the upcoming federal budget

    Jamie Golombek: Liberals have promised to ensure that tax benefits to small businesses are not being used solely to reduce personal income taxes for high-income earners

  • Thu, 16 Mar 2017 04:00:56 +0000

    Diversity in Fintech: Op-Ed

    While startups in leading Canadian tech hubs like Toronto and Waterloo have long recruited mostly from these regions’ highly diverse labour forces, the increasingly insular mood in the U.S. could become a source of competitive advantage for domestic firms in fast-growing verticals like fintech, according to Salim Teja, MaRS’ executive vice-president ventures. Cluster advocates in the […]

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Peter Koutroulakis




Robert Pellegrino CPA, CGA

905-761-8080 ext. 224



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