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.



  • Thu, 25 Aug 2016 16:31:02 +0000

    Vancouver foreign tax slowing an already cooling home market, realtor group says

    Home sales in the city fell 51 per cent to 758 transactions in the first two weeks of August from the same period a year earlier, according to Vancouver realtors

  • Wed, 24 Aug 2016 12:30:21 +0000

    As our homes get smarter ‘it could become incredibly easy to spend money’

    As the technological juggernaut, the so-called Internet of Things, takes over our lives, what does this mean for how we buy and manage our hard-earned bucks?

  • Mon, 22 Aug 2016 22:52:14 +0000

    How a potential housing downturn could hit hard for Canada’s big banks — eventually

    Analysis: The big banks would not be immune to a steep drop in prices, something that seems within the realm of possibility given early indications of cooling in Vancouver

  • Mon, 22 Aug 2016 15:26:19 +0000

    Eviction complaints soar in B.C.’s hot rental market as landlords break rules to secure higher rent

    Some say the penalty for landlords found breaking the rules is too weak, allowing owners to consider it as a minor cost of doing business in a lucrative rental market

  • Sat, 20 Aug 2016 10:00:36 +0000

    ‘Ask an Adult’ Personal finance coach Chantel Chapman and Jason Heath, CFP, tackle RRSPs and TFSAs

    In our Ask An Adult series, Chantel Chapman, Mogo’s financial fitness coach (and real-life adult) with guest Jason Heath, certified financial planner (CFP) and personal finance columnist for Financial Post and MoneySense, answer your financial questions.

  • Fri, 19 Aug 2016 15:59:56 +0000

    Alberta economy has cut into this family’s income, posing a challenge to their retirement planning

    The bad news is that the oil downturn dried up work for the husband's consulting business; the good news, though, is that the family still lives well

  • Fri, 19 Aug 2016 15:03:49 +0000

    If you received an instalment reminder from the CRA, do you really need to pay it?

    If you received a reminder about your next payment, here's how to check whether you actually need to pay up in September

  • Thu, 18 Aug 2016 11:45:12 +0000

    Delinquency rates in Alberta, Saskatchewan climb higher amid low oil price fallout

    The rise in delinquencies in Alberta, Saskatchewan and Newfoundland came as the overall delinquency rate in Canada crept up 4.1% to 1.1%, according to Equifax

  • Wed, 17 Aug 2016 13:30:15 +0000

    Family’s home sale mired in uncertainty in wake of B.C. foreign buyers’ tax: ‘We’ve been let down’

    Though the house was sold earlier in the year, the sale set to close on Sept. 15 was thrown into question by the tax, which is retroactive

  • Mon, 15 Aug 2016 17:58:07 +0000

    Canadian Real Estate Association says home sales volume down 1.3% in July, with Vancouver responsible for the cooling

    The Canadian Real Estate Association says July marked the third consecutive month of fewer housing sales

  • Mon, 15 Aug 2016 15:23:34 +0000

    Developers sitting on land in Toronto’s heated housing market in hopes prices will keep rising

    CIBC report says Ontario legislation has forced a land shortage, with developers confident prices will rise, leaving them in no hurry to erect new housing and fuelling home prices

  • Sat, 13 Aug 2016 10:00:43 +0000

    Ask an adult

    Share this with all the students and young adults in your life.

  • Fri, 12 Aug 2016 17:06:24 +0000

    High investment fees and reduced income threaten Ontario woman’s ability to afford retirement

    After leaving work to help care for her parents, this 62-year-old woman needs to find another way to boost her income. She has already sold her house, which makes cutting her investment fees her best option

  • Fri, 12 Aug 2016 16:38:43 +0000

    If your prepared tax return looks too good to be true, it probably is

    In what a judge called a 'money for nothing scheme,' a tax preparer was recently sentenced to six years in a federal penitentiary for fraud

  • Fri, 12 Aug 2016 13:30:07 +0000

    Sorry boomers, your days as the financial industry’s target market are numbered

    After decades of dominance, baby boomers are starting to see their influence slide

  • Thu, 11 Aug 2016 20:12:19 +0000

    You only live once: A motto for a generation, and a decent starting point for personal finance philosophy

    'YOLO explains our irrational spending behaviour and our preference for experiences over things': Millennials have a reputation for the latter, but Jonathan Chevreau suspects they want both

  • Thu, 11 Aug 2016 13:36:36 +0000

    As Ottawa doubts effectiveness of Vancouver tax to slow housing market, Trudeau finds himself in a bind

    Trudeau has promised to act on the affordability issue but is worried any full-blown attack to contain Vancouver and Toronto would trigger declines in the rest of the economy

  • Wed, 10 Aug 2016 19:33:30 +0000

    Having a baby? It’s time to take control of your finances

    Having a baby adds a whole new set of complexities to your everyday life.

  • Wed, 10 Aug 2016 04:01:34 +0000

    Delinquency rates are rising in oil-dependent provinces, according to new report

    TransUnion report says Alberta and Saskatchewan feeling the squeeze from low crude prices, while consumers in Ontario and British Columbia upped credit levels in first half of 2016

  • Tue, 09 Aug 2016 13:12:09 +0000

    Pace of new Canadian home construction eases in July, CMHC says, but still beat expectations

    Canada Mortgage and Housing Corp. says the seasonally adjusted rate of housing starts in July was 198,395 units, down from 218,326 units the month before

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Peter Koutroulakis




Robert Pellegrino CPA, CGA

905-761-8080 ext. 224



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