Carry Learning Center

Long days on the job and unpredictable work often make taxes and retirement planning easy to push aside. Yet every invoice you send, tools you buy, and miles you drive has potential tax consequences. The small choices you make now can shape how comfortably you live once you hang up your tools.  Electricians work in many [...]

Tax planning can feel unpredictable when your income rises and falls throughout the year. A busy stretch of freelance work, seasonal commissions, or a growing side business may leave you unsure about how much to send in quarterly payments. Guess too low and you may face penalties. Send in too much and you tie up [...]

Many self-employed professionals and business owners track revenue and expenses closely but still feel uncertain when it is time to estimate taxes.  Several rules influence your actual taxable income, and one of the most important is the qualified business income deduction under Section 199A. This deduction may reduce up to 20% of certain business income, yet [...]

Understanding how W-2 wages affect your Qualified Business Income (QBI) deduction can make a meaningful difference for business owners with higher taxable income. The IRS uses these wages to determine how much of the 20% deduction you may potentially claim, but the calculation process can be confusing at first glance. This guide simplifies the concept, explaining [...]

Running a small business or earning income through a partnership or S-Corp can come with unique tax advantages.  One of the most valuable is the Qualified Business Income (QBI) deduction, designed to reward business owners for their investment and risk. But understanding how this deduction works is not always straightforward, especially when it comes to the [...]

A 20% tax deduction can sound like a big win for business owners. But the upside could shrink fast if your taxable income crosses certain limits. The Qualified Business Income deduction, also called the QBI deduction, may lower taxable income for many pass-through business owners. The actual benefit, or lack of one, often depends on [...]

For many self-employed individuals, the Qualified Business Income deduction can feel like one of the most confusing breaks in the tax code — yet it is also one of the most meaningful. This deduction, created under the Tax Cuts and Jobs Act, potentially allows certain business owners to reduce the taxable portion of their income. If [...]

If you earn income through a business, the Qualified Business Income deduction could still help reduce your taxable income through 2026. It was introduced under the Tax Cuts and Jobs Act and remains one of the most talked-about tax breaks for small business owners and self-employed professionals. The idea sounds simple — take a deduction for [...]

Freelance marketers and small marketing agency owners have several ways to lower their 2026 taxes and potentially grow long-term wealth. Success starts with understanding how business expenses and retirement contributions work under IRS rules. Everyday costs such as advertising, campaign tools, and creative software may qualify as deductions—and these deductions can free up cash for [...]