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
The Livestock Tax Deferral Provision allows for a portion of sales proceeds to be deferred to the following year, where producers in prescribed regions sell breeding stock due to drought.
An important, but commonly overlooked requirement for rental arrangements involving non-resident landlords, is the requirement under the Income Tax Act for the tenant to withhold non-resident tax from their regular rental payments and remit this tax to the CRA on the landlord’s behalf. The following are some key points to keep in mind if you are ever presented with the opportunity to rent property in Canada from a non-resident owner.
As part of the 2022 Federal Budget, the Department of Finance announced its intention to establish a new tax free First Home Savings Account (FHSA) as a means to allow prospective first-time home buyers to save up to $40,000 tax-free towards the purchase of their first home. Similar to with an RRSP, eligible contributions (subject to annual contribution limits) are tax-deductible, however, qualifying withdrawals to purchase a first home are non-taxable. As of April 1, 2023 you can now apply with your bank to open a new FHSA account.