Remolino And Associates Inc.

06/01/2025

Learn what consumer proposals are, their impact on you credit rating, and what happens if you pay it off early. For debt help call 1.800.267.2272.

02/13/2025

I recently had the opportunity to join BNN to discuss how freelancers and solopreneurs can stay ahead of tax obligations, avoid debt, and find relief amid rising costs and new economic challenges.
💡 Key takeaways from the interview:
✅ Set aside 25-30% of income for taxes to avoid year-end surprises.
✅ Track and claim deductions—home office, business expenses, and vehicle costs can all lower taxable income.
✅ Make quarterly tax payments to the CRA if your income is growing.
✅ If you owe tax debt, act early! A consumer proposal can help reduce what you owe and create an affordable payment plan.
💬 Watch the full interview here 👇
https://www.bnnbloomberg.ca/video/shows/the-close/2025/02/12/tips-for-freelancers-filing-taxes-in-2025/

Freelancers, consultants, and small business owners—what are your biggest challenges when it comes to taxes and financial planning? Let’s discuss in the comments! ⬇️

Licensed insolvency trustee at Remolino Associates Francisco Remolino shares tips for freelancers filing their taxes in 2025.

11/12/2024

Here is a piece from my chat with CanadianSME Small Business Magazine on the challenges and opportunities we immigrant entrepreneurs face when embarking in a business venture.

In an engaging interview with CanadianSME Small Business Magazine, Francisco Remolino, Principal at Remolino & Associates and a…

09/02/2024

As the warm weather begins to wrap up we hope you have an fun Labour Day! What are your plans today?

08/29/2024

Besides giving our clients a fresh financial start, giving them peace of mind is another way we know we made a positive impact.

Thank you for sharing your experience Nora - we are happy that we were able to help! 🫶🏻

08/27/2024

Do you know where to go to get debt advice in Canada? Debt help may be closer than you think!

08/26/2024

Asking for help can be scary but it's an important step in redirecting your financial journey. Our founder and owner, Francisco Remolino explains what happens when you make the call.

08/23/2024

Social media is a highlight reel, NOT real life. People are only showing you what they want you to see.

This a reminder that the majority of people are NOT constantly going on vacation, nor do they have a collection of the latest gadgets or popular items.

One of the best things you can do for yourself is to unfollow people who make it hard for you to stick to your budget. You can always re-follow them when you're in control of your finances again!

08/20/2024

When you began your post-secondary education, you probably weren't focusing on repaying your loan.

As we all know, life happens - health issues, unemployment etc. - and you now find yourself in a situation where you are unable to pay it back.

In our blog post, we explain how student loan debts are treated in a consumer proposal.

https://www.remolinoassociates.com/how-are-student-loan-debts-treated-in-a-consumer-proposal/?utm_content=sked_669a84c817d9af1458144302&utm_medium=social&utm_name=sked&utm_source=facebook

08/17/2024

Just like budgeting, financial goals look different for each person. To make sure you get the most out of your money, here are three types of accounts you can use to earn interest while you work towards your goals.

1️⃣ Saving Account
Deposit money while still being able to make withdrawals and transfers quickly and easily - this is the most common kind of account for most people!

This is great for unexpected or seasonal expenses like car and home maintenance such as oil changes, and plumbing failures as well as gifts for baby showers, birthdays, holidays and other special occasions.

2️⃣ TFSA
Contribute to an account with an annual limit that grows tax-free. However, unlike a savings account, it takes a few business days to access your funds.

This is great for short-term expenses like home renovations, dental expenses and electronic upgrades such as laptops and phones.

3️⃣ GIC Account
Keep a deposited amount in an account for a long period of time and withdraw it once the period is over.

This is great for mid-term expenses such as hosting a wedding, taking a vacation and relocating to a new country or city.

If you're interested, speak with your banking institution for more information.

08/14/2024

We know that the stigma around money, especially debt, often prevents people from seeking help.

To break down this barrier, we created the Finance Column. By signing up, you'll get a monthly email that has financial tips and knowledge to help you on your financial journey.

Change the course of your finances today by visiting:

https://mailchi.mp/remolinoassociates/sign-up-mailing-list?utm_content=sked_669581c07478e985bf8f5cb9&utm_medium=social&utm_name=sked&utm_source=facebook