KBFP ACCOUNTANTS IN VAUGHAN, BARRIE & ORANGEVILLE.

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.

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OUR MAIN SERVICES

AUDIT

At KBFP, we offer qualified accountants for audits, reviews or compilations to meet the needs of your business.

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TAX

Estate and trust taxation is a very specialized practice.

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ADVISORY

Even the most qualified managers can benefit from competent, objective feedback.

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ACCOUNTING

At KBFP, we offer a wide range of accounting services tailored to the needs of our clients.

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TAX ALERTS

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DID YOU KNOW?

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.

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FINANCIAL POST

  • Wed, 28 Sep 2016 17:54:30 +0000

    Sorry kids, Canadian seniors are ready to blow your inheritance

    A new survey found 86 per cent of Canadians over the age of 55 are not willing to give up doing, achieving or acquiring anything to bump up what they leave to their children

  • Wed, 28 Sep 2016 12:59:27 +0000

    Canadians are just $200 away from being overwhelmed by debt, new survey finds

    The survey by MNP Debt found that 31 per cent of Canadians are already not paying their bills on time, which the firm says makes them technically insolvent

  • Wed, 28 Sep 2016 09:00:49 +0000

    Millennials may have less time on their side, U.S. retirement study shows

    A new study warns that just to retire by age 70, today’s millennials would have to save a whopping 22 per cent of yearly income

  • Tue, 27 Sep 2016 20:09:15 +0000

    Vancouver tops list of ‘bubble’ cities on global real estate risk ranking

    Canada's priciest city to buy residential real estate also has the biggest risk of being in a bubble, according to UBS's new risk ranking of global real estate markets

  • Tue, 27 Sep 2016 19:47:22 +0000

    Renovation boom with older homeowners aided by stay-at-home adult children, according to CMHC

    In addition to not wanting to move, the report points to another reason for renovation: adult children still living at home

  • Tue, 27 Sep 2016 17:10:09 +0000

    Rogers family unveils 10-tower condo project in Mississauga, Ont with an estimated cost of $1.5 billion

    The M City project would include a 10-tower residential condominium development with frontage on Burnhamthorpe Road, one of the city's major streets

  • Mon, 26 Sep 2016 18:39:57 +0000

    Canadian homebuyers expected to bear costs of tighter mortgage insurance rules

    National Bank analyst expects two headwinds to hit the Canadian housing market if the new rules go ahead: higher mortgage rates and a higher probability that foreclosures will increase

  • Sat, 24 Sep 2016 10:00:30 +0000

    Why keeping that old credit card is good for your credit score

    Mogo’s credit score expert, Chantel Chapman, discusses the effect that different types and lengths of credit have on your credit score.

  • Fri, 23 Sep 2016 16:18:13 +0000

    Bank watchdog is beefing up capital requirements for mortgage insurers

    The new capital requirements are aimed at allowing insurers to better withstand ‘severe but plausible losses’ especially in Canada’s hot housing markets

  • Fri, 23 Sep 2016 15:41:24 +0000

    Young couple with a baby will need two incomes to finance their goals and ensure a secure retirement

    This couple has done all the right things to boost their income, but plans for private schools for their children will make it hard to save

  • Fri, 23 Sep 2016 15:06:24 +0000

    Don’t blame the accountant for your ‘gross negligence’ — you are 100% responsible for your returns

    Failing to take the obvious step of reviewing a return coupled with later ignoring warning signs of a potential error will support gross negligence penalties

  • Thu, 22 Sep 2016 20:10:51 +0000

    The new gamble: Double your bet on the housing market by keeping your old home after moving

    The phenomenon, though not widespread, has been present in the Vancouver market as it heated up and is beginning to work its way into Toronto transactions

  • Thu, 22 Sep 2016 19:49:21 +0000

    Condo apartment home sales in Toronto seen headed for record because of scarce supply of detached homes

    Toronto builders said that at the end of August there was less than 1,400 new low-rise homes for sale in the GTA, compared with 16,500 a decade ago

  • Thu, 22 Sep 2016 17:33:30 +0000

    RioCan to invest $1.3B in revamping properties as M&As take a backseat

    With the pace of rental rate growth slowing and its acquisition strategy on ice, Canada's biggest REIT has been looking for new ways to expand

  • Thu, 22 Sep 2016 11:18:21 +0000

    Why Canadians are being offered cash to abandon their homes

    A world away from Canada’s glamorous, global cities, a bitter feud divides a tiny, dying village that has come to represent the grim underbelly of the country's economic outlook

  • Wed, 21 Sep 2016 17:02:01 +0000

    ‘Joe Schmo’ lenders double stake in Canada’s mortgage market

    Stricter mortgage regulations meant to stabilize the market may actually be spurring risk by pushing lenders to an area of the industry out of regulators’ line of sight

  • Tue, 20 Sep 2016 20:09:33 +0000

    Canadian mortgage investment corporation suspends dividend after review reveals loan portfolio irregularities

    PrimeWest said it is pursuing a formal investigation into ‘improprieties’ surrounding the former CEO of the corporation

  • Tue, 20 Sep 2016 19:43:57 +0000

    Chinese student files lawsuit to halt B.C.’s 15% tax on foreign purchasers

    Lawyer claims the revised legislation violates over 30 international treaties where Canada has committed to treat foreign nationals just as favourably as citizens of this country

  • Tue, 20 Sep 2016 10:00:52 +0000

    Avoid unexpected credit pitfalls

    There are many factors that will impact how high or low your credit score is, but this week, we are focusing on credit enquiries or credit checks.

  • Mon, 19 Sep 2016 19:11:15 +0000

    Troubled developer Urbancorp sells projects to homebuilders in latest step in restructuring

    Proceeds from the sale are aimed at paying back homebuyers and repaying debt, including the $68 million owed to lenders including Toronto-Dominion Bank and Bank of Nova Scotia

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BARRIE

Peter Koutroulakis

705-722-5519

pkoutroulakis@kbfp.ca

VAUGHAN

Robert Pellegrino CPA, CGA

905-761-8080 ext. 224

rpellegrino@kbfp.ca

ORANGEVILLE

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