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, 16 Feb 2018 16:46:17 +0000

    Canadians can’t stop using their homes as piggy banks with line of credit debt jumping to record $230 billion

    Canadians are borrowing against their houses at the fastest pace in more than five years, raising red flags with policy makers

  • Fri, 16 Feb 2018 15:54:27 +0000

    Received a class-action settlement cheque? Here’s everything you need to know about the tax consequences

    The tax impact varies depending on whether you held the shares in your RRSP/RRIF or a non-registered account, and whether you still own all or some of the shares

  • Fri, 16 Feb 2018 15:09:11 +0000

    Kid-free couple wants to take a sabbatical but worry the cost will cripple retirement

    Larry and Nancy are cautious in their spending, meticulous in their accounting, and very worried about the next few decades until they retire — but they needn't fret

  • Fri, 16 Feb 2018 15:08:20 +0000

    Mainstream, The Cleavers, Super-savers, YOLOs: What type of retiree are you?

    In an excerpt from his new book, Retirement Income for Life, Fred Vettese breaks down the four basic types

  • Tue, 13 Feb 2018 22:35:43 +0000

    Canada should cut corporate tax rate, incentivize high-tech investments in wake of U.S. tax reforms: Mintz

    'We're going to have to think a lot more about how we can keep up, otherwise our businesses won't be competitive relative to the U.S.'

  • Mon, 12 Feb 2018 18:49:05 +0000

    What can $500,000 get you in Toronto’s property market? A one-bedroom condo half the size of a badminton court

    And in Vancouver, it buys you nothing at all

  • Fri, 09 Feb 2018 19:08:13 +0000

    She has the assets of a millionaire, but feels broke — Can she retire at 60?

    Unfortunately, her prospects for paying her monthly bills before 65 are not good

  • Fri, 09 Feb 2018 18:35:39 +0000

    Can I put my mortgage in my RRSP and other burning questions as the deadline looms

    To give you that extra motivation to contribute to an RRSP, here’s a few lesser-known tips and tricks to consider

  • Fri, 09 Feb 2018 15:26:52 +0000

    What happens to the house if a common-law couple separates

    Jessica Gagné, family lawyer, explains how property division works and the importance of ownership documents and cohabitation agreements

  • Thu, 08 Feb 2018 14:15:45 +0000

    The magic number for retirement savings is $756,000, according to poll of Canadians

    Jonathan Chevreau: While that is the average amount individual Canadians believe they’ll need to amass, up to 90 per cent don’t have a formal plan on how to get there

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Peter Koutroulakis




Robert Pellegrino CPA, CGA

905-761-8080 ext. 224



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