Carry Learning Center

High-income software engineers often hit a frustrating ceiling when trying to save for retirement. Direct Roth IRA contributions phase out completely once your income crosses certain thresholds. For singles, that happens at $168,000 in 2026. Married couples filing jointly lose access at $252,000. These limits block many tech professionals from contributing to one of the [...]

The Massachusetts House advanced an $1.8 billion supplemental spending bill Wednesday, drawing primarily from revenue generated by the state’s millionaire’s surtax to fund transportation infrastructure and education programs. The legislation, introduced in the ninth month of fiscal year 2026, addresses mid-year budget gaps and includes provisions to delay implementation of federal tax code changes that [...]

Georgia’s House of Representatives voted 163-4 on Wednesday to suspend the state’s motor fuel tax for 60 days as gas prices rose to $3.73 per gallon, up more than $1 from a month earlier. The suspension was added as an amendment to House Bill 1199 and would remove 33 cents per gallon on gasoline and [...]

South Carolina’s Supreme Court ruled Wednesday that Amazon must pay the state for uncollected sales taxes on third-party marketplace transactions, a decision tied to a dispute that began after the expiration of a five-year tax exemption. The 3-2 ruling upheld earlier decisions finding that Amazon was responsible for collecting the taxes. The immediate case involved $12.5 [...]

A Roth IRA offers tax-free growth and withdrawals in retirement, making it one of the most attractive savings vehicles available. The account uses after-tax dollars today, so qualified distributions later come out completely tax-free. Setting up automatic monthly contributions takes the guesswork out of saving and helps you take advantage of dollar-cost averaging. This strategy [...]

Deciding when to open a Roth IRA can feel like a puzzle, especially if your income sits near the eligibility cutoff. Contribute now and you lock in years of potential tax-free growth. Wait for your income to drop and you might qualify for a larger contribution or avoid excess contribution penalties. The answer depends on [...]

If you’re in your 20s and thinking about retirement, you’re already ahead of most people your age. Starting a Roth IRA now could potentially set you up with hundreds of thousands—or even over a million dollars—by the time you retire. That’s not an exaggeration. That’s math. The question is: how much will you actually have? And [...]

If you’re a small-business owner approaching retirement, 2026 brings notable tax changes that could impact your planning strategy. Between the enhanced senior deduction, Social Security benefit rules that can affect your taxes, and recent legislative shifts, there’s much to consider when mapping out your exit from active business ownership. Here’s what you need to know about [...]

High income can feel like a penalty. As earnings rise, more deductions and credits start to phase out. Some rules also add extra limits. Business owners who plan early often focus on a few levers. One lever is solid records for ordinary and necessary expenses. Another lever is retirement plan design. Timing also matters for major [...]