Michael McKiernan

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

Tax News

Budget softens mandatory tax disclosure regime

While financial advisors are still subject to the rules, the budget change could undermine lawyers' Charter challenge

By Michael McKiernan |April 23, 2024

3 min read

Industry

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

Tax News

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

Tax Strategies

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

Tax Strategies

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

Estate Planning

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

Industry

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

Regulation

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

Tax News

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

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