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 Nov 2018 15:32:31 +0000

    The ins and outs of claiming moving expenses on your tax return

    Jamie Golombek: Not all expenses associated with your move may be tax deductible, as a Quebec taxpayer learned in court last month

  • Fri, 16 Nov 2018 14:38:54 +0000

    Couple left devastated by stock market crash of 1987 still trying to escape its long shadow

    This couple's lives are about staying afloat financially. Their issue: unless they raise investment returns, inflation will eventually impoverish them

  • Thu, 15 Nov 2018 14:18:29 +0000

    Sabbatical top of mind for most Canadians — especially millennials — but they lack financial plan: survey

    Saving is most problematic among 23-to-37 age group, who spend 38% more than others even though 78% of them want to take a break

  • Wed, 14 Nov 2018 18:28:09 +0000

    Amazon’s HQ2 locations show just how far the suburbs have come

    Suburbs, with abundant and less expensive land, are a viable alternative to the congested and expensive urban cores

  • Tue, 13 Nov 2018 21:44:01 +0000

    New business taxes creating ‘a whole new group of losers’

    'Gearing up for an onslaught of calls once audits begin for 2018 and 2019 tax years. That’s where the real heat is going to be felt'

  • Tue, 13 Nov 2018 20:45:13 +0000

    How your company can wind up on the hook for your support obligations

    Adam N. Black: The veil that protects the corporation can be pierced and the corporation may find itself liable for its shareholders' debts

  • Tue, 13 Nov 2018 10:38:36 +0000

    Why your neighbour’s kid is getting a better mortgage rate than you

    Ted Rechtshaffen: The government has effectively decided to support home buyers who do not necessarily have the funds to buy a house

  • Fri, 09 Nov 2018 18:53:10 +0000

    What you need to know about the tax consequences of employee stock options

    Jamie Golombek: If you exercise options and don’t immediately sell your stock, you go from an employee to an investor and different tax rules apply

  • Fri, 09 Nov 2018 14:46:30 +0000

    How this woman can find the extra $10,000 per year she needs to make her retirement plan work

    The key to the discretionary spending she wants is three more years of work and boosting her investment returns

  • Thu, 08 Nov 2018 16:00:58 +0000

    Annual pace of housing starts picked up in October, topping economists’ expectations

    The increase came as the annual pace of urban starts climbed by 8.6 per cent in October to 191,964 units.

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Peter Koutroulakis




Robert Pellegrino CPA, CGA

905-761-8080 ext. 224



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