Carry Learning Center

Tax season often hits differently when you are self employed. Income can fluctuate throughout the year, and taxes are not withheld from each payment you receive. Even when business is strong, the timing of tax bills can still feel unexpected. A year-round approach can make those moments more predictable. Planning ahead gives you more visibility into [...]

Tax season often feels like the finish line, yet the result is shaped by choices and events throughout the year. A job change, a raise, side income, a move, or a growing family can all affect what you owe. Tax rules also change over time, so last year’s approach may no longer apply today.  Tax planning [...]

Paying off a Solo 401k loan early may seem appealing. It can reduce interest and remove a financial obligation sooner. Many owners consider early payoff in 2026 as they revisit cash flow or prepare for retirement.  Early payoff is possible, yet each plan sets its own rules in the written loan agreement. Some plans accept extra [...]

Taxes and retirement planning often stay at the bottom of the list until filing season arrives and the balance due feels larger than expected. Many dentists in private practice face high overhead and uneven cash flow, so every deduction and every retirement contribution may matter. This guide focuses on dentists who own or co-own a practice, [...]

Your workday is a blur of emergency leaks, clogged drains, and late night calls, but the biggest mess may be hiding in your tax bill. Many plumbers leave thousands of dollars in potential savings on the table every year because they skip easy write offs or delay saving for retirement.  In 2026, your vehicle, tools, supplies, [...]

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 [...]