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. 



  • Tue, 18 Sep 2018 21:51:35 +0000

    Indefinite needs mean indefinite support for disabled adult child, court finds

    Ruling will have significant impact on the future determination of child support and beyond

  • Mon, 17 Sep 2018 16:35:23 +0000

    Higher interest rates, debt putting pressure on Canadians’ finances

    Increasing debt levels coupled with rising interest rates meant the average Canadian household spent $544 more on interest charges last year, Environics Analytics says

  • Fri, 14 Sep 2018 16:37:19 +0000

    Vehicle allowances and deductions can put you on a collision course with the taxman

    Determining whether a car allowance paid by an employer was reasonable was the focus of two tax cases this summer

  • Fri, 14 Sep 2018 15:24:26 +0000

    With almost $3-million in assets tied up in real estate, couple needs to ditch rental condo to get ahead

    Using the profits from the sale of the condo toward savings will give this couple a more solid plan for retirement

  • Fri, 14 Sep 2018 13:19:25 +0000

    Canadians’ household debt is creeping back up again

    As a nation, we now owe $1.69 for every dollar of our disposable income

  • Mon, 10 Sep 2018 17:17:03 +0000

    Canadians’ favourite credit card isn’t from one of the Big Six banks — it’s from a grocery chain

    Loblaw's President's Choice Financial credit cards rank No. 1 for customer satisfaction, according to a J.D. Power survey

  • Mon, 10 Sep 2018 10:00:57 +0000

    What a couple of kids at the CNE can teach the government about budgeting

    Ted Rechtshaffen: Whether it is kids or our elected officials, there needs to be a greater connection to and ownership over spending

  • Fri, 07 Sep 2018 15:12:16 +0000

    Buyer beware: How purchasing property from a non-resident of Canada could leave you with a hefty tax bill

    Jamie Golombek: You could be personally liable for the vendor’s Canadian capital gains tax if you don’t take certain precautions. Here's what you need to know

  • Fri, 07 Sep 2018 11:00:23 +0000

    Woman with a family history of premature mortality wants to retire in a year — at age 40

    Even with a solid career, $1.3 million net worth and low debt, age 40 is too soon to retire — but retiring at age 45 is another story

  • Wed, 05 Sep 2018 18:50:07 +0000

    Rent control is doing little to curb Toronto’s soaring rents

    Haider-Moranis Bulletin: In the long run, rent controls reduce the growth in available rental stock, which further accelerates the increase in rents

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Peter Koutroulakis




Robert Pellegrino CPA, CGA

905-761-8080 ext. 224



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