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.




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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Marketing practices from the past that are still vital to delivering exceptional customer service.  Big data, mobile, social and content is the future of marketing but consumers are not just influenced by brand messages rather the experience they from brands.  Positive customer experiences are paramount. 

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. 

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.

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.

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.

For years the approach in employee reviews was to discuss deficiencies.  In 2016, look for an increase in Strength based leadership.  Though we can be taught just about anything, we are most engaged and productive when doing things we enjoy where we can demonstrate proficiency.



  • Wed, 22 Feb 2017 13:50:56 +0000

    One-quarter of Vancouver homes could be torn down by 2030 because of rising land costs, study warns

    The teardown index, developed by an architecture professor, shows that most houses in Vancouver are worth no where near the value of the property

  • Wed, 22 Feb 2017 05:00:03 +0000

    Only paying the minimum on credit cards and loans is a recipe for trouble, new survey finds

    TransUnion surveyed 1,100 consumers in Canada and found 88% pay a greater amount than their minimum balance, but 39% of those are uncertain of the benefits

  • Tue, 21 Feb 2017 20:46:29 +0000

    As the RRSP deadline looms, here’s what all the procrastinators need to know

    If you're putting off contributing to your RRSP, you're not alone, but keep this in mind: your procrastination is costing you money

  • Tue, 21 Feb 2017 20:44:42 +0000

    Nobody’s cheering, except real estate agents: The ‘trapped wealth’ of Toronto’s unrelenting housing boom

    If you are not alarmed by home prices surging 20% in the past year, the fastest pace in three decades, you should be, say economists

  • Fri, 17 Feb 2017 21:22:06 +0000

    Tax season is upon us: Here’s what you need to know to complete your return

    Jamie Golombek: If your mailbox has seemed a little fuller recently, it may be because you’ve started to receive your tax slips for the 2016 calendar year

  • Fri, 17 Feb 2017 19:08:56 +0000

    There’s a new culprit for Toronto’s so-called housing bubble: move-up buyers

    Economy bear Capital says new mortgages rules will do nothing to cool the overheated market because it’s not driven by homeowners affected by the tougher credit rules

  • Fri, 17 Feb 2017 18:37:49 +0000

    Chasing the Canadian dream: The real force driving the housing boom in our big cities

    As the debate rages on about foreign speculators and housing bubbles, people on the ground say this boom is a lot more sustainable than many think

  • Fri, 17 Feb 2017 18:18:37 +0000

    There’s more to the RRSP than mutual funds and ETFs, but you have to tread cautiously

    While most Canadians keep it conservative when it comes to their RRSPs, their are investment classes beyond mutual funds and stocks that are worth considering

  • Fri, 17 Feb 2017 14:40:29 +0000

    Betting on volatile B.C. property market would make for a thin retirement for this couple

    Thirty-somethings want to replace their Vancouver home with rental units to fund their goal of retiring in their 50s, but their plan has lots of problems

  • Fri, 17 Feb 2017 12:00:25 +0000

    Famous Swiss bank whistleblower wonders why Canada gave up so easily on $1 billion in unpaid taxes

    Bradley Birkenfeld, who blew the lid off a UBS tax evasion scheme, says Canada, compared with the U.S., has let cheats off and foregone an unpaid taxes windfall

  • Fri, 17 Feb 2017 05:00:31 +0000

    Fintech Update: Taking banking into your own hands

    Many customers today expect to be able to deal directly with a company and handle all their transactions online.

  • Thu, 16 Feb 2017 16:44:42 +0000

    Fitch says Canadian housing prices are unsustainable and sees risk of correction in some markets

    The booming Canadian housing market is coming under scrutiny in another report, this time from one of the world’s big three rating agencies

  • Thu, 16 Feb 2017 15:22:47 +0000

    RRSPs or TFSAs? Save or pay down debt? What the #!%*?

    Life is about choice, and money decisions, especially for Millennials, can be intimidating and downright confusing. Here is what you need to know

  • Wed, 15 Feb 2017 22:19:01 +0000

    Economist says it’s 1980s all over again in the Toronto market. Remember how that ended?

    Bank of Montreal chief economist Doug Porter says Toronto is the midst of a housing bubble, comparing the market to "frothy" levels not seen since the 1980s

  • Wed, 15 Feb 2017 17:27:38 +0000

    Don’t expect another commodities supercycle but oil at $60 is better than $30 for your portfolio

    Of course, the old saw about diversification stands, with analysts recommending a blend of Canadian and U.S. holdings, especially in financials

  • Wed, 15 Feb 2017 17:23:31 +0000

    ‘Timing is key’: Supercycle effects still loom over long-term fund returns

    Looking at the latest 15-year fund performance figures, you'd think that Canadian equities are absolutely the best investments in the world

  • Wed, 15 Feb 2017 03:21:56 +0000

    Not for the faint of heart: The $500,000 TFSA and whether it’s right for you

    While many Canadians have been content to park their money, some use aggressive or unique strategies in a bid to get the most out of the relatively new savings vehicle

  • Tue, 14 Feb 2017 20:45:10 +0000

    RRSP DIY: Withdrawing Funds

    You didn’t have your latte’s, you didn’t buy yourself that car. Savvy you has been plumping up your investments. But life gets in the way and sometimes you need to draw on that cash you stashed

  • Mon, 13 Feb 2017 18:46:50 +0000

    Garry Marr: Why the economics of buying flowers on Valentine’s Day really stink

    Valentine’s Day is just an excuse for retailers to soak consumers' wallets and a bouquet of blooms is among the worst deals going on Feb. 14

  • Mon, 13 Feb 2017 18:19:10 +0000

    Long walks on the beach and a new home: How dateable are you based on your credit score?

    Your credit score is used to determine things such as whether you get a mortgage or can rent a property or secure a job, but what if it also determined whether you could get a date?

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Peter Koutroulakis




Robert Pellegrino CPA, CGA

905-761-8080 ext. 224



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