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, 18 Jan 2019 19:15:24 +0000

    This Alberta couple has all their kids’ education money in cannabis stocks. What could possibly go wrong?

    Planner says couple's portfolio is bold, but risky, especially when you factor in three rental properties with negative cash flow. Still, early retirement is within reach

  • Fri, 18 Jan 2019 14:52:43 +0000

    Your personal business better be real if you are using it to claim expenses for tax purposes

    Jamie Golombek: If you're running a business as a way to justify writing off some otherwise 'personal' expenses, watch out

  • Thu, 17 Jan 2019 18:39:13 +0000

    How Quebec came to rule Canadian real estate in 2018

    Meanwhile in Ontario, home sales dropped so much Toronto raised the alarm about a $99 million tax shortfall

  • Thu, 17 Jan 2019 15:00:26 +0000

    Paying down debt should be a priority for low income workers, but it’s still important to save, experts say

    Investment planning is especially important for those just starting out their careers or who struggle to with debt, advisers say

  • Wed, 16 Jan 2019 14:47:12 +0000

    The irony of representing yourself in family law litigation: It can cost you more than hiring a lawyer

    A wife’s decision to represent herself caused the husband to incur huge legal fees over 17 years. She was ordered to pay him $150,000

  • Wed, 16 Jan 2019 11:00:28 +0000

    The real reason people fail to save enough for retirement — and what you can do to limit the damage

    Jason Heath: Procrastination may not be the biggest impediment to saving enough

  • Tue, 15 Jan 2019 14:47:11 +0000

    A quarter of Canadians with home equity lines of credit are paying only the interest on their loans: survey

    Additionally, almost three in 10 respondents use such lines of credit at least some of the time to make payments on other debt

  • Mon, 14 Jan 2019 15:12:40 +0000

    Canadian home prices fall for third month in a row, even in Vancouver

    'The recent trend of home prices is clearly downward in most metropolitan markets'

  • Mon, 14 Jan 2019 14:12:18 +0000

    More Canadians are going broke because of higher interest rates

    The Bank of Canada left its 1.75 per cent rate unchanged at a time when personal bankruptcy filings are on the rise

  • Fri, 11 Jan 2019 17:59:41 +0000

    What you need to know about claiming the principal residence exemption on the sale of property

    Jamie Golombek: Tax case illustrates how designating a property as a 'principal residence' comes with fulfilling a set of specific criteria

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Peter Koutroulakis




Robert Pellegrino CPA, CGA

905-761-8080 ext. 224



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