I'm afraid to get true lossless you will need to re-rip your CD collection. Converting a compressed file (mp3, m4a?) to lossless won't restore the information that was discarded during the original compression.
Whether the improvement will justify the effort is something you could easily check before you start re-ripping everything.
Have a good plan, Execute it violently, Do it today.
FLAC: One codec to rule them all.