Business Details
22 Years
experience
Trusted Accounting & Tax Services in Burlington, Ontario
At MacKay Brehm & Smith, we specialize in delivering comprehensive financial, accounting, and tax solutions tailored to owner-managed businesses, with a particular focus on health professions and consulting sectors. Our strategic decision to concentrate on a narrow client base has allowed us to cultivate deep industry expertise, enabling us to address complex challenges with precision. With a dedicated team of 11 professionals, we combine personalized service with the technical capacity to handle sophisticated matters, ensuring clients receive both timely support and long-term strategic guidance. Our commitment to maintaining close client relationships is reflected in our low team turnover, which fosters continuity and trust. We collaborate seamlessly with external advisors to prioritize client needs, leveraging over two decades of collective experience in tax planning, business restructuring, and financial reporting.Our approach emphasizes simplifying financial complexities through customized solutions, including software implementation, cash flow management, and estate planning. Recognized for our expertise in corporate tax compliance and business succession planning, we maintain active involvement in professional and community organizations to stay at the forefront of industry developments. Our track record of working with entrepreneurs on incorporation, financing, and business transitions underscores our dedication to client success. By integrating technical excellence with a client-centric philosophy, we ensure every client interaction reflects our core values of integrity, expertise, and personalized attention.
Services
Financial Reporting
Tax Planning
Bookkeeping
Business Restructuring
Estate Planning
Corporate Tax Compliance
Cash Flow Management
Succession Planning
QuickBooks Consulting
Business Incorporation
Details
- Year established: 2004
Highlights and features
- We offer 20+ years of specialized experience in health professions and consulting sectors
- Our team of 11 professionals provides consistent, personalized service with low turnover
- We implement tailored tax planning strategies to maximize after-tax returns
- Our Chartered Accountants hold Fellow designations and industry leadership roles
- We collaborate with legal and financial advisors to ensure comprehensive client solutions
Services
Financial Reporting
We provide tailored financial reporting solutions including bookkeeping support, government remittances, and accounting software implementation. Our team ensures accurate financial statements while offering ongoing advisory services to help businesses maintain compliance and make informed decisions throughout the year.
Tax Planning
Our comprehensive tax planning covers corporate tax returns, GST/HST filings, and income tax elections. We develop efficient strategies to minimize tax liabilities while adapting to legislative changes, and assist with restructuring businesses for optimal tax efficiency.
Business Restructuring
We guide clients through business incorporation, partnership formation, and cost-sharing arrangements. Our services include long-term financial planning, legal collaboration for business purchases, and restructuring existing operations to align with personal and corporate objectives.
Estate Planning
We create personalized estate plans focusing on wealth preservation and asset transfer. Our expertise includes minimizing estate taxes, utilizing capital gain exemptions, and establishing family trusts while coordinating with legal professionals to execute plans effectively.
Succession Planning
We develop comprehensive succession plans for business transitions due to retirement, illness, or death. Our services include buy-out provisions, business dissolution strategies, and minimizing disruptions during ownership transfers while maximizing after-tax returns.
People
Kathryn Smith
Partner
Chartered Accountant since 1984 and Fellow (FCA) since 2006, Kathryn specializes in tax planning and business restructuring for entrepreneurs. With over 30 years of experience, she provides strategic guidance on complex tax matters and business transitions while maintaining active community leadership roles.
Teri Carter
Manager
CPA with extensive public accounting experience, Teri manages client relationships and oversees service delivery. She focuses on understanding client needs to provide timely, quality service while mentoring team members to maintain high professional standards in all client interactions.
Teri Murphy
Staff Accountant
Former industry professional with H.B. Comm. degree from Laurentian University, Teri prepares financial statements and tax returns while providing ongoing accounting support. She assists clients with compliance requirements and offers training on accounting software solutions.
Jane Yang Yu
Staff Accountant
CPA with economics degree from Central China University, Jane specializes in financial statement preparation, tax return processing, and monthly bookkeeping. She provides detailed compliance support for corporate and personal tax matters while maintaining strong client relationships.
Ann Lam
Staff Accountant
Experienced accounting professional offering technical expertise in financial reporting and tax compliance. Ann provides direct client support for day-to-day accounting needs while collaborating with senior team members on complex client matters.
Questions
What industries do you specialize in?
We specialize in serving owner-managed businesses within health professions and consulting sectors, though our expertise extends to various industries.
Do you offer services outside Burlington?
Yes, while based in Burlington, Ontario, we serve clients throughout Ontario with both in-person and virtual support options.
How does your team structure benefit clients?
Our stable team of 11 professionals ensures continuity, with dedicated client managers maintaining consistent communication and service quality.
What tax planning services do you provide?
We offer comprehensive tax planning including corporate tax returns, GST/HST filings, income tax elections, and strategies to minimize tax liabilities.
How do you handle business succession planning?
We develop transition plans for business sales or family transfers, focusing on maximizing after-tax returns and ensuring smooth ownership transitions.
Can you assist with accounting software implementation?
Yes, we help select and implement appropriate financial accounting software tailored to your business operations and reporting needs.
