Tag: ask gary
Too much profit? Watch out for that trap
An owner-operator looking to lower her tax bill wants to know: Should she spend down her profits, including possibly buying a truck, to avoid paying taxes? Or find another use for the money?
February 25, 2021
Should I pay my quarterly taxes or pay off my truck?
A younger owner-operator trying to better manage his monthly cash flow asks the question: Should I pay off my truck early (and free up money in the coming months) or pay estimated quarterly taxes?
January 27, 2021
Ask Gary: Are you underinsured? A totaled truck leads to an $18,000 surprise…
Understanding your truck's value is important for assessing the amount of insurance coverage you need as an owner-operator. Learn more from Gary Buchs here.
December 16, 2020
Ask Gary: ‘Should I refinance my house to pay off my truck?’
Should you consider refinancing your home to pay off a lease-purchase agreement on your truck? Gary Buchs answers the question on Overdrive.
November 24, 2020
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