Carry Learning Center

Freelance marketers and small marketing agency owners have several ways to lower their 2025 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 [...]

Selling online is more than finding a popular product. It is also about keeping more of your earnings. Every cost in an e-commerce business, from packaging to advertising, can affect your 2025 tax bill. Smart sellers usually plan ahead instead of waiting until April. Tracking eligible deductions and contributing to a retirement plan like a Solo [...]

Consultants and agency owners have unique opportunities to lower 2025 taxes and build long-term wealth — but only if you know which deductions apply to your situation and how retirement contributions affect your taxable income. The right moves can reduce what you owe this year and redirect those dollars into future savings instead of taxes. Not [...]

Rising income from tech work can create just as many tax questions as financial opportunities. Whether you’re a salaried developer, independent contractor, or juggling both, the way you report income and choose deductions may have a meaningful impact on how much you actually keep in 2025. The right retirement plan can also turn tax savings [...]

Running a business alone means every financial decision affects both today’s income and tomorrow’s security. Each deductible expense can reduce your current tax bill, but it can also shape how much you’re able to set aside for retirement. In 2025, sole proprietors will continue to report income and expenses through Schedule C, yet small updates, like [...]

Partnership income is not taxed at the entity level. Instead, it flows through to each partner and appears on their individual return, along with deductions and credits that affect self-employment tax and retirement contributions. This is why Schedule K-1 allocations, guaranteed payments, and how income is classified are more than bookkeeping items. They directly determine your [...]

Many people don’t realize that paying too little in estimated taxes throughout the year can lead to an unexpected penalty from the IRS. This underpayment penalty is essentially a charge for not paying enough tax when it’s due, and it can catch you off guard if your income varies or comes in irregularly.  In this quick [...]

Independent contractors face a unique money challenge. They need to handle their own taxes and save for retirement without the help of an employer plan. Every payment they receive must cover both current needs and future goals.  Many freelancers and gig workers stay focused on finding clients or earning more income. But managing taxes wisely can [...]

Do you ever get caught off guard by a year-end tax bill?  Many freelancers, investors, and small-business owners face that same frustration. The good news is there’s a simple, proactive way to avoid it: making estimated tax payments throughout the year. Paying in smaller portions can help steady your cash flow and prevent big surprises at [...]