What are the opening hours?

Monday 9am - 5pm Tuesday 9am - 5pm Wednesday 9am - 5pm Thursday 9am - 5pm Friday 9am - 5pm

Lorrie Sipka CPA Inc.

Home
Canada
Langley, BC
Lorrie Sipka CPA Inc.

Professional CPA firm providing accounting and tax services in Langley and surrounding areas.

Welcome to Lorrie Sipka CPA Inc., a technology focused, licensed professional CPA firm based out of Langley, BC, providing one-stop accounting and tax solutions to small and medium sized businesses. From year-end corporate services including compilation financial information and corporate T2 income tax return preparation to personal tax preparation and bookkeeping; I do it all.

03/11/2026

Under the Canada Groceries and Essentials Benefit:

- A single senior with $25,000 in net income will receive a one-time top-up of $267 plus a longer-term increase of $136 for the 2026-27 benefit year (total increase of $402). In total, they will receive $950 for the 2026-27 benefit year (including the top-up).

- A couple with two children with $40,000 in net income will receive a one-time top-up of $533 plus an increase of $272 for the 2026-27 benefit year (total increase of $805). In total, they will receive $1,890 for the 2026-27 benefit year (including the top-up).

- After the one-time payment is made in the spring of 2026, eligible families and individuals in Canada will receive the enriched regular payments under the Canada Groceries and Essentials Benefit as of July 2026.

The benefit will be paid quarterly, at the start of the quarter, to permit timely access to the funds to help families with day-to-day expenses.

When I prepare your 2025 personal tax return, I'll summarize your estimated benefits for the coming year. File out my personal tax intake form at the link below when ready to file.

https://www.lsipkacpa.com/forms.html

02/20/2026

Personal tax season is just around the corner—are you ready? Now's the perfect time to gather your documents and get organized so your 2025 personal tax filing goes smoothly.

Key Dates:
- February 23, 2026 - Earliest day to file your taxes online
- March 2, 2026 - RRSP Contribution deadline
- April 30, 2026 - Deadline to file your taxes/tax payment due
- June 15, 2026 - Filing deadline for self-employed and spouse

When ready with all your slips and receipts, go to my website and fill out my intake questionnaire that let's me get familiarized with your tax situation. Then I'll open up my secure portal so you can upload your documents to me.

Also, if you haven't already, register for a CRA My Account. Amongst other things, you'll be able to check your RRSP contribution room, access T-slips, authorize a representative, receive online mail including your Notice of Assessment.

02/13/2026

Last tax season, many Canadians experienced delays receiving their slips online from the CRA — frustrating, I know.

This year, the CRA expects similar delays again but urges taxpayers to file on time using the slips they have on hand.

If you're worried about missing documents or how this might affect your filing, here's what you can do:

• Keep all your tax documents organized as they arrive.
• File on time using available slips; you can amend your return later if needed.
• Reach out to your accountant for guidance on handling missing slips.

At Lorrie Sipka CPA Inc., I can help you navigate these hiccups smoothly so you can focus on growing your business with confidence.

Have questions about your tax slips or filing this year? Let's connect and make tax season stress-free together!

01/09/2026

Canada's tax system is based on self-assessment and self-reporting. The Income Tax Act requires individuals with tax payable to file a tax return. Individuals also need to file a tax return annually to receive any benefits or credit payments, because the CRA determines entitlement for most benefits on net income.

Budget 2025 proposes to amend the Income Tax Act to grant the CRA the discretionary authority to file a tax return for a taxation year on behalf of an individual (other than a trust) who meets all the following criteria:

- the individual's taxable income for the taxation year is below either the federal basic personal amount or provincial equivalent (plus the age amount and/or disability amount, where applicable);

- all income of the individual for the taxation year is from sources that have already been filed with the CRA (meaning they have all your slips online already);

- at least once in the preceding three taxation years, the individual has not filed a return;

- the individual has otherwise not filed a return for the taxation year prior to, or within 90 days following, the tax filing deadline for the year.

Individuals would be able to opt out of automatic tax filing.

This measure would apply to the 2025 and subsequent taxation years (i.e., filing could begin in 2026).

Reach out to Lorrie Sipka CPA Inc. if you need assistance.

01/07/2026

Good news for bare trust arrangements with year ends in 2025: CRA is following Bill C-15 proposals and confirming that no T3 trust filings will be required.

This means less paperwork and simpler compliance for many people.

If you're managing a bare trust, this relief can save you time and reduce stress during tax season.

Need help making sure you're fully compliant and taking advantage of these updates? Reach out—I'm here to guide you through it all with clear, straightforward advice.

12/31/2025

Happy New Year from Lorrie Sipka CPA Inc.!

As you set your goals for your business and personal finances, remember that expert support can make all the difference. Whether it's corporate tax planning, personal tax preparation, or bookkeeping, I'm here to help you start the year with confidence.

Ready to simplify your accounting and focus on growth? Let's make this year your most successful yet. What's one financial goal you want to achieve this year?

Link in bio

12/27/2025

Heading towards the end of the calendar year, are you making the most of your tax-saving opportunities?

Maximize your contributions to registered accounts before December 31st including TFSA, FHSA, and RESP to grow your savings and reduce your tax burden. Don't forget to review your non-registered investments for tax-loss selling—this strategy can offset gains and lower your tax bill.

The RRSP contribution deadline to use towards your 2025 tax return, is March 2, 2026.

And most importantly, get organized now. Gather your documents early to avoid last-minute stress and ensure nothing is missed.

Need help navigating these steps? Reach out for tailored guidance that fits your unique situation. Let's make this tax season your most streamlined yet!

12/21/2025

Happy Holidays from Lorrie Sipka CPA Inc.!

As the year wraps up, I wanted to thank my amazing clients and community for trusting me with your accounting and tax needs. Whether you're closing the books or planning for growth, I'm here to make your financial path smooth and stress-free.

Wishing you peace, joy, and success this holiday season and beyond. Ready to start the new year with confidence? Let's connect in the new year and make your accounting work for you!

12/18/2025

Is your staff Christmas party tax deductible? Here's what small business owners should know:

• Entertainment expenses can be tricky. Generally, the CRA allows a 50% deduction on meals and entertainment.
• But for annual staff Christmas parties or events, the full cost is usually deductible if it's primarily for employees.
• This means the food, drinks, venue, and even some decorations can be claimed.
• Keep good records and receipts to support your claim.

Planning your holiday party? Make sure you get the most from your tax benefits while celebrating your team's hard work.

Have questions about what you can claim? Reach out—I'm here to help simplify tax rules so you can focus on what matters most: your business and your people during this holiday season. Happy Holidays!

11/24/2025

Feeling overwhelmed trying to keep up with your business finances in today's fast-paced market? Cloud accounting might be the edge you need.

With cloud-based tools, you get real-time financial insights, faster bookkeeping, and the freedom to access your data anytime, anywhere — no more waiting for month-end reports or sorting through piles of paper.

Imagine having your expenses, payroll, and tax info all connected and updated automatically. This not only saves time but also helps you make smarter decisions quickly.

At Lorrie Sipka CPA Inc., I specialize in cloud accounting setups that simplify your financial management and keep you compliant — all with fixed monthly fees and no surprises.

Ready to take your bookkeeping to the cloud and gain peace of mind? Let's chat about how this modern approach can support your business growth.

11/17/2025

In May 2025, CRA transitioned to online mail as the default for most business correspondence. Want to switch back to paper mail from CRA without the hassle?

Fill out the form RC681 Request to Activate Paper Mail for my Business and send to CRA. Here's the link:

https://www.canada.ca/en/revenue-agency/services/forms-publications/forms/rc681.html

11/06/2025

Federal Budget 2025 is here with key updates that could impact your business and personal taxes.

Highlights include:
- Immediate expensing for Manufacturing and Processing buildings
- Expansion of the SR&ED incentive program
- Elimination of Underused Housing Tax
- Changes to Canada's Transfer Pricing rules
- and more!

Are you ready to make the most of these opportunities? I'm here to help you navigate these changes together to keep your finances on track and compliant. Reach out today!

Address

200/8661 201 Street
Langley, BC
V2Y0G9

Opening Hours

Monday	9am - 5pm
Tuesday	9am - 5pm
Wednesday	9am - 5pm
Thursday	9am - 5pm
Friday	9am - 5pm

Website

http://www.lsipkacpa.com/

Alerts

Be the first to know and let us send you an email when Lorrie Sipka CPA Inc. posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Lorrie Sipka CPA Inc.: