Lightle Tax and Accounting Services Ltd.

Important Announcement Regarding Your Tax Services with Lightle Tax and Accounting Services

Lightle Tax has entererd into an agreement with Kennett CPA to provide transition of selected services over the next years as Murray Lightle reduces his work load.

Beginning in the 2025 Tax Filing Year - Kennett CPA will offer their services at the Sherwood Park location to the majority of the Personal Tax files of Lightle Tax and Accounting.

Kennett CPA will be establishing an office at the Lightle Tax location in February 2026

Murray will remain on site with a focus on Corporate and Small Business taxes.

https://www.narcity.com/canada-disability-benefit-apply-now

A new Canadian government benefit payment launches in July and you can apply now You can get up to $200 a month! 💸

CRA is allowing an extension for all tax filers and their spouse who have capital gains or losses to record on the 2024 Tax File.

Tax preparers tapped out as tax slips remain missing in CRA portals | Investment Executive Tax season comes with increased workload, greater costs for clients, risk of errors

Social Media - Be Careful

Be careful posting on-line. We have known for years that CRA monitors social media to track the life styles of Canadians. Now we also have proof of Provincial Tax Agencies scouring sites. A recent audit, was apparently triggered by comments on a Linked-in Post. The representative seemed very pleased with their ingenuity.

We are moving - January 1, 2025 We will be in our new offices at 2004 Sherwood Drive, Sherwood Park, AB, T8A0Z1.

Notice to all our clients who are QBO users . On June 10, 2024, Intuit announced substantial increases in its subscription prices.. Products with new pricing include QuickBooks Online, QuickBooks Desktop, and QuickBooks Payroll. The increased pricing will start in August 2024.

Canada Carbon Rebate for Small Businesses - Canada.ca The Canada Carbon Rebate for Small Businesses is a refundable tax credit announced in Budget 2024 to return a portion of federal fuel charge proceeds directly to eligible Canadian-controlled private corporations (CCPCs).

TaxTips.ca - Principal Residence Exemption TaxTips.ca - The principal residence exemption eliminates the capital gain on a home that has always been the principal residence of a taxpayer.