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. 



  • Tue, 21 Aug 2018 19:19:32 +0000

    ‘I’ve seen people cleaned out’: Divorce later in life comes with its own special set of problems

    In a 'grey divorce,' there’s a lot at stake from a personal finance perspective. Here’s what you need to know — and how to mitigate some of the damage

  • Mon, 20 Aug 2018 19:47:20 +0000

    Gen Z will outnumber millennials within a year

    The demographic handover is good news for delivery services, gadget makers and the so-called gig economy

  • Mon, 20 Aug 2018 15:23:00 +0000

    Three behavioural barriers to solid retirement planning, and how you can overcome them

    Jason Heath: Retirement planning can be daunting, but with a little nudge in the right direction, everyone can be more motivated to develop a plan

  • Fri, 17 Aug 2018 15:20:15 +0000

    Gold-plated coffins, Rolls-Royce hearses: Funerals go extravagant in one last display of wealth and power

    Some go as far as flying loved ones abroad to watch as their body is pushed out to sea like Viking warriors and the boat set ablaze

  • Fri, 17 Aug 2018 14:00:57 +0000

    Net worth of just $200,000 and zero retirement savings mean this Alberta couple’s options are limited

    With $341,524 in debt to tackle, retiring at 60 is out of the question

  • Thu, 16 Aug 2018 17:05:26 +0000

    Hydro-Québec case shows CRA can’t run around demanding taxpayers’ personal info from third parties

    As the judge wrote about the CRA's attempt to gather third-party information: 'This, to me, seems to be the very definition of a fishing expedition'

  • Thu, 16 Aug 2018 15:03:28 +0000

    Why you need a plan when withdrawing from an RESP to pay for school

    There is some time and effort involved in taking money out of an RESP, financial advisers say

  • Fri, 10 Aug 2018 15:57:25 +0000

    With $2.89-million net worth, this B.C. couple should be wealthy — but they have a cash flow problem

    Solutions include opening TFSAs and cutting back spending on $417 a month for hobbies and golf, $350 for restaurants and $333 for house cleaning

  • Fri, 10 Aug 2018 14:10:44 +0000

    How tax rate differences across the country can pop up in unlikely places

    Jamie Golombek: As this case shows, there are big tax advantages to living in Nunavut, and that difference can show up where you'd least expect it

  • Fri, 10 Aug 2018 13:25:02 +0000

    Meet Generation Z, the group about to become more influential than millennials

    Aged between 3 and 23 years old, Gen Zers are already having an impact on spending, and businesses are scrambling to understand their desires

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Peter Koutroulakis




Robert Pellegrino CPA, CGA

905-761-8080 ext. 224



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