Michael McKiernan

Michael is a freelance legal affairs reporter who has been covering law and business since 2010.

Court resurrects fiduciary duty claim against investment advisors

Decision should be a 'wake-up call' to advisors: lawyer

By Michael McKiernan |April 18, 2024

4 min read

CRA’s focus on real estate audits paying off

Agency assessed $2.7 billion in additional tax and penalties from 2015 to 2023

By Michael McKiernan |April 8, 2024

3 min read

Sleepwalking into day trading can cause tax nightmares

Day trading in a TFSA can have particularly unpleasant consequences

By Michael McKiernan |April 3, 2024

3 min read

Is your client a day trader?

As online investing becomes more accessible, understanding this important concept is critical from a tax perspective

By Michael McKiernan |March 28, 2024

3 min read

How to protect pets in estate planning

Without a plan, a pet could be abandoned or go to an unintended guardian

By Michael McKiernan |March 7, 2024

4 min read

Toronto pension firm sues Scotiabank over pension plan for doctors

Claim for $700M alleges Medicus Pension Plan was built on confidential information

By Michael McKiernan |March 1, 2024

3 min read

Corporate transparency legislation now in force

The new requirements could surprise small businesses that aren't used to making these types of disclosures

By Michael McKiernan |January 23, 2024

3 min read

New penalty remains as GAAR legislation tabled

Officials have no room to distinguish between cases driven by aggressive tax planning and those involving legitimate uncertainty

By Michael McKiernan |December 8, 2023

3 min read

Lawyers exempted from mandatory disclosure regime until Charter challenge decided

New regime requires every advisor involved in a reportable or notifiable transaction to make their own disclosure to the CRA

By Michael McKiernan |November 30, 2023

3 min read