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 May 2018 10:45:05 +0000

    What you need to know about inheriting or transferring a foreign pension

    If you inherit your relative’s foreign pension plan, must that also be included in your income? Tax expert Jamie Golombek has the answer

  • Fri, 18 May 2018 10:35:50 +0000

    Woman aiming for $35,000 a year retirement income worries small savings not enough to reach goal

    There are a few things Nancy can do to boost her income, including downsize her house, but reducing spending alone may get her to where she wants to be

  • Thu, 17 May 2018 18:40:43 +0000

    What to do if the CRA gets you in its crosshairs and reviews or audits your taxes

    'The worst thing you can do is play the ostrich, put your head in the sand and pretend that nothing is going on'

  • Tue, 15 May 2018 17:48:02 +0000

    When does a separated spouse have to pay rent to an ex?

    The lesson from this case is clear: conduct matters

  • Mon, 14 May 2018 17:22:40 +0000

    Millennials are already feeling the pinch of higher interest rates and spending less

    A Nanos Research survey suggests higher borrowing costs are already beginning to curb demand in the economy

  • Sun, 13 May 2018 21:30:17 +0000

    A looming housing affordability crisis is poised to hit seniors across Canada

    Within seven years, the national average for seniors’ home rents could reach $4,000 a month, DBRS report warns

  • Fri, 11 May 2018 17:24:53 +0000

    With low income and little savings, selling rental property this couple’s best bet on road to retirement

    Even if they sell the rental property, Phil and Celeste will need to take an axe to their spending and making ends meet in retirement still won't be guaranteed

  • Fri, 11 May 2018 14:39:53 +0000

    What you need to know about deducting interest on your taxes for investment loans

    The interest from borrowing money to invest is generally tax deductible, but it gets more complicated if you invest loan proceeds in mutual funds

  • Fri, 11 May 2018 10:30:34 +0000

    Generation X is ‘stretched beyond their financial limits’ and struggling to save for retirement

    Members of Generation X (aged 37 to 52) are finding it hard to save, and the tighter timeline is causing them stress, a Franklin Templeton report finds

  • Thu, 10 May 2018 12:17:20 +0000

    The baby boomer exodus is finally under way — and it’s driving luxury condo prices higher

    Baby boomers should have been free from the family home five or 10 years ago — but they’re finally free now

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Peter Koutroulakis




Robert Pellegrino CPA, CGA

905-761-8080 ext. 224



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