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. 



  • Thu, 26 Apr 2018 22:44:45 +0000

    ‘Blind faith’ in your tax preparer no excuse for a faulty return

    You have an obligation to review your return before submitting it to the CRA to ensure that it’s both complete and accurate

  • Thu, 26 Apr 2018 12:59:14 +0000

    Mortgage stress tests have squeezed millennials’ homebuying budgets by $40,000: study

    'In our largest cities, it is difficult for young people to purchase a home on a single household income' says new study

  • Wed, 25 Apr 2018 13:58:31 +0000

    Ain’t no party like an OAS party: Retirement guru Jonathan Chevreau on turning 65

    Most Baby Boomers will probably make a gradual transition to semi-retirement, in which the work/leisure mix slowly changes to include more leisure and less work

  • Mon, 23 Apr 2018 22:10:02 +0000

    Household debt-to-income ratio should be winding down, Wilkins says

    Bank of Canada deputy governor says the bank is seeing a slowdown in credit growth for both mortgages and other forms of household debt as labour income moves higher

  • Mon, 23 Apr 2018 18:35:54 +0000

    Thinking of buying your first home? Let us answer your questions

    If you are shopping for your first home and have questions, we want to hear from you

  • Fri, 20 Apr 2018 19:19:21 +0000

    You might have to pay tax on that — What Uber, Airbnb and Bitcoin could affect your return

    The new economy brings with it new tax filing considerations that weren’t even on most tax filers’ radar a few years back

  • Fri, 20 Apr 2018 15:36:54 +0000

    Downsizing their $1.6 million house would give this B.C. couple a big retirement boost

    But either way they will be in good shape due to strong saving and pensions

  • Thu, 19 Apr 2018 13:58:19 +0000

    ‘Multigenerational living’ may be the new old solution to sky-high housing prices

    Haider-Moranis Bulletin: If housing prices refuse to adjust to what buyers can afford, buyers may increasingly have to adjust their lifestyles to housing prices

  • Wed, 18 Apr 2018 11:54:03 +0000

    What child and spousal support payors (and recipients) need to know at tax time

    In the world of family law, April is just one more month where separated spouses feel the financial pain of separation

  • Mon, 16 Apr 2018 17:48:01 +0000

    More than 40% of Canadians feeling pinch of rising interest rates, up five percentage points

    47% of Canadians polled said they do not believe they'll be able to cover all living expenses in year without going into more debt

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Peter Koutroulakis




Robert Pellegrino CPA, CGA

905-761-8080 ext. 224



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