Welcome to Gregory, Harriman & Associates LLP - Strathmore, Alberta
Gregory, Harriman & Associates LLP (GH&A) is a locally owned public accounting firm located in Strathmore, Alberta. The firm is comprised of three professional practitioners assisted by a number of qualified professionals, staff accountants, accounting technicians and clerical staff who are committed to providing excellent client service.
We offer a wide range of Accounting, Assurance, Tax Services and other customized services to various businesses and government bodies. Our client base consists of owner-managed enterprises, not-for-profit agencies, government entities and agricultural operations.
Latest News From The Blog
2022 Federal Budget - Important Tax Points
On April 7, 2022, the Federal Government released its 2022 Federal Budget, outlining many proposed economic, social, and income tax measures for 2022 and subsequent years. From an income tax standpoint, most of the proposals outlined were smaller in significance and focused on less specific promises of proposed future tax measures, and the introduction of new boutique tax credits. There were no increases to personal or corporate tax rates. Nor were there any increases to the capital gains inclusion rate. The following is a summary of some of the more important tax measures to be aware of and watch for updates on moving forward.
Helpful Hints on Gathering Tax Slips and Other Information for Personal Tax Returns
Now that personal tax season is here you will need to start gathering up all your tax slips to report your income and deductions for 2021. With a lot of institutions and businesses going paperless you will need to determine what tax slips may be coming by e-mail or that you need to sign into your account to download versus arriving in the mail.
Return of Fuel Charge Proceeds to Farmers Tax Credit – Carbon Tax Rebate Available to Farm Businesses
In its Economic and Fiscal Update for Fall 2021, which was released on December 14, 2021 the Department of Finance introduced a proposed tax credit available to farm businesses with the intention of effectively refunding proceeds from the Federal fuel charge carbon tax program to farmers. The proposed tax credit will be available starting in 2021 to farm businesses in any of the provinces that do not meet the federal stringency requirements (referred to as “backstop jurisdictions”)—currently, Ontario, Manitoba, Saskatchewan and Alberta.
