Mr. Brian Casey

Brian Casey
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Brian Casey, CA

Directeur Principal, Services de comptabilité aux clients (Montréal)

Brian gère les comptes d'une clientèle fortunée qui se compose majoritairement de propriétaires-dirigeants, de docteurs et d'avocats.En 1960, il entame sa carrière professionnelle auprès de la firme McDonald, Currie (aujourd'hui PriceWaterhouse Coopers), qu'il quitte en 1972 pour prendre la direction du département fiscal d'un petit cabinet comptable.Il développe alors un important réseau de clients, autant canadiens qu'américains, parmi lesquels comptent des cadres supérieurs, des professionnels et des athlètes de haut niveau, et pour qui il prépare leurs déclarations de revenus.Chez Conseillers financiers Kerr depuis 2001, Brian y est responsable de la supervision de planifications financières, de la gestion de comptes de placement, de la révision d'états financiers, et de la coordination de la production des déclarations de revenus de ses clients.

Depuis de nombreuses années, Brian met sa vaste expérience au profit de plusieurs organismes communautaires.Il occupe en effet les fonctions de Gouverneur et membre du comité des finances pour Les Amis de la montagne, de Vice-Président pour la foundation Canadian Irish Studies, et de membre du conseil d'administration pour la foundation Loyola Alumni High School.

Brian Casey
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Brian Casey
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With Kerr Financial since 2001, Brian manages a number of high net worth clients with a concentration of owner managers, doctors and lawyers and is responsible for overseeing financial plans, monitoring investment accounts, reviewing financial statements and coordinating tax compliance work.

Over the years, Brian has lent his expertise to many community organizations including Governor and Member of the Finance Committee of "Les Amis de la Montagne", Vice Chair of the Canadian Irish Studies Foundation and Board member of the Loyola Alumni High School Foundation.

Brian Casey,* Montreal Vice-Chair

Mr. Brian Casey, CA has accepted to join the Board of Directors.Mr. Casey is a Principal with Kerr Financial Services in Montreal.

Brian Casey '56

Brian Casey, CA

Brian Casey Kerr Financial: Meet Your Experts
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Brian Casey
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Brian began his professional career with McDonald, Currie (now PriceWaterhouseCoopers) in 1960 until leaving in 1972 to head up the tax department of a smaller accounting office. He developed a large personal tax practice including corporate executives, professionals and athletes, both Canadian and U.S. taxpayers. With Kerr Financial since 2001, Brian manages a number of high net worth clients with a concentration of owner managers, doctors and lawyers and is responsible for overseeing financial plans, monitoring investment accounts, reviewing financial statements and coordinating tax compliance work.

Over the years, Brian has lent his expertise to many community organizations including Governor and Member of the Finance Committee of "Les Amis de la Montagne", Vice Chair of the Canadian Irish Studies Foundations and Board member of the Loyola Alumni High School Foundation.

"The trouble is", says Brian Casey, CA at Kerr Financial, "most people do not understand how the cost base of their non-registered investments should be calculated, let alone keep track of the bookkeeping that needs to be done to have an accurate record when it comes time to pay the tax."

For example, if you used any of the following investment vehicles in the last 10 to 15 years, mutual funds, employee stock options or income trusts, ask yourself if you have kept a record of reinvested distributions from your mutual funds, taxable benefits from your stock options or return of capital from your income trusts.These bits of information may or may not be found in your investment statements, old tax slips or "notices of important information" that you receive from time to time, and it is the rare investor who has this kind of information readily accessible when needed.

"In fact", adds Brian, "people usually muddle along and inadvertently overstate or under report capital gains on their tax returns, or don't report them at all."With the advent of computerized reporting of all financial transactions to the Canada Revenue Agency by all financial institutions, taxpayers are being asked to provide proof of the adjusted cost base used in calculating the gain of past sales.

While the calculation of many taxable capital gains is straightforward, Brian has a "Watch List" of investments whose adjusted cost bases merit further investigation.Any property acquired prior to 1972 (when capital gains were not taxable) or 1994 (when an election permitted you to increase your ACB's by the unused portion to the $100,000 capital gains exemption) should be reviewed, as well as any stock that had spin-offs, rollovers or splits or other special events in its history.Mutual funds, stock with dividend reinvestment plans, employee stock options and income trusts are among the many other investment vehicles requiring special attention."If you are unsure if your ACB's are properly accounted for", concludes Mr. Casey, "it is worthwhile seeking out the assistance of a qualified tax professional.".

TOP ROW (from left to right):Gregory Bartlett, Bill Hurley (Hurley's Pub on Crescent Street (Mary Hurley Scholarship)), Brian Casey (Vice-Chair, Canadian Irish Studies Foundation), Robert McKay - (Past President - United Irish Societies (United Irish Societies Scholarship), Ruth Jennings, Linda Lombard.

In the top row, from left to right, are student Gregory Bartlett, donor Bill Hurley, Brian Casey, vice-chair of the Canadian Irish Studies Foundation, Robert McKay, past president of the United Irish Societies, students Ruth Jennings and Linda Lombard.
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Brian Casey, a 1960 Loyola graduate who helped raise $3 million for an endowment to support Canadian Irish studies at Concordia, said he was particularly struck by the large number of smaller donations that came in, proof of the community support this project has inspired.