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, 22 Jun 2018 20:26:59 +0000

    Quebec couple’s $330,000 in debts put retirement plans at the mercy of interest rates

    Family is living beyond their means, with a money-losing business dragging them down. Best bet is to sell the business, get a job and take an axe to spending

  • Fri, 22 Jun 2018 14:23:26 +0000

    How much is that bottle of wine really worth? CRA uncorks valuation battle after challenging donation

    Here's how the Tax Court determined how much 21 bottles of wine donated to an Ottawa charity auction were actually worth for donation receipt purposes

  • Thu, 21 Jun 2018 15:31:03 +0000

    Millennials are waking up to the grim financial future left to them by baby boomers — and they’re angry

    The U.S. faces an almost dystopian future — one in which the few are rich and living longer while the many postpone retirement, struggle to get by and ultimately die younger

  • Fri, 15 Jun 2018 18:06:14 +0000

    The CRA’s call centre performed better this tax season, but there’s still work to be done

    The CRA is focusing on modernizing technology, improving agent training and updating service standards

  • Fri, 15 Jun 2018 14:51:53 +0000

    A divorce behind him and no company pension, 50-something father has to finance own retirement

    Frank will have to make his $100,000 a year goal from investments, CPP and OAS — and the clock is ticking

  • Thu, 14 Jun 2018 16:12:33 +0000

    Canadians are starting to ease up on their household debt binge

    Yay, now we only owe $1.68 for every $1 disposable income

  • Thu, 14 Jun 2018 12:23:53 +0000

    Mixed-use developments make housing affordability worse — and residents more miserable

    Haider-Moranis Bulletin: High population density and mixed-land use are considered quintessential tenets of good urban planning, but they have negative consequences

  • Tue, 12 Jun 2018 16:39:07 +0000

    All three adult members of polyamorous family deemed child’s parents by Newfoundland judge

    The decision is the first of its kind in Canada

  • Fri, 08 Jun 2018 15:49:27 +0000

    Everything you need to know about paying taxes by instalments, and why ignoring the CRA’s reminders is a bad idea

    The instalment system is a tricky one and doesn’t apply to everyone

  • Fri, 08 Jun 2018 15:07:44 +0000

    Hefty savings, careful spending pay off for this Alberta couple as they coast toward retirement

    Sam and Mary want to know when they can afford to retire. The good news is they are financially secure thanks to their frugal lifestyle

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Peter Koutroulakis




Robert Pellegrino CPA, CGA

905-761-8080 ext. 224



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