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, 07 Dec 2018 16:09:42 +0000

    Couple with $2.9 million in assets and no debt think they won’t be able to make ends meet in retirement

    Pessimism and lagging investments dog them, but the reality is they will have more money than they are accustomed to spending in retirement

  • Fri, 07 Dec 2018 12:00:35 +0000

    Are business expenses still tax deductible if you no longer operate said business?

    Jamie Golombek: The CRA rejected a retired lawyer's move to deduct file storage fees from her former practice; here's what the Tax Court said

  • Wed, 05 Dec 2018 19:42:01 +0000

    Does rent control stifle construction? Until there’s more data, the jury’s still out

    But evidence mounts that demand-side measures are ineffective

  • Mon, 03 Dec 2018 15:34:47 +0000

    Canadians aren’t saving like they used to and that doesn’t bode well for anyone

    The low savings rate leaves Canadians more vulnerable to an economic shock and signals consumption-led growth in the economy is nearing its end

  • Fri, 30 Nov 2018 18:44:46 +0000

    The swap scheme that led to a forty-fold increase in one woman’s TFSA

    Jamie Golombek: A new Tax Court decision reveals how one 'sophisticated investor' used swap trades to boost her TFSA from $5,000 to $205,795

  • Fri, 30 Nov 2018 13:33:40 +0000

    Urgent cost cutting needed to keep family with net worth of only $139,791 afloat as retirement nears

    A late start in working life, a serious illness and income stressed by the high costs of feeding two teenagers makes for a difficult situation

  • Thu, 29 Nov 2018 17:50:02 +0000

    Millennials are no different from their baby boomer parents — they’re just poorer

    A Federal Reserve paper says there's little evidence millennials have different tastes when it comes to what they spend their money on

  • Wed, 28 Nov 2018 14:20:58 +0000

    ‘Excruciating’ trial in case that lasted 17 years emblematic of troubles plaguing family courts

    Laurie H. Pawlitza: In every province in Canada, cases are taking longer and our laws have become significantly more complex

  • Fri, 23 Nov 2018 22:53:49 +0000

    The TFSA limit is rising to $6,000: Here’s why you should contribute every penny of it

    Jamie Golombek: TFSAs have been extremely popular among millions of Canadians and for good reason. Here's a rundown of some of their benefits

  • Fri, 23 Nov 2018 17:01:16 +0000

    Laid off at 53, former oil industry manager wonders if seven-figure savings will sustain 40-year retirement

    Couple has financial assets of about $1.37 million to tide them over, but at their age, they cannot access early Canada Pension Plan benefits for another seven years

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Peter Koutroulakis




Robert Pellegrino CPA, CGA

905-761-8080 ext. 224



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