Author: Service2Client

5 Tips to Keep End-of-Year Spending Under Control

It’s that time of year again. Halloween has just come and gone – and now we’re hurtling headlong into Thanksgiving and Christmas. For holiday shopping, it’s tempting to turn a blind eye and put everything on your…

2025 Federal Income Tax Brackets

According to estimates, inflation adjustments to the internal revenue code are expected to yield increases of 2.8 percent, compared to 2024 amounts. This means wider tax brackets and increased exemptions, among other things. With the…

Cash Conversion Cycle (CCC) Defined

This metric, which is also referred to as the cash cycle or the net operating cycle, looks at the time a business takes to recover its investment in inventory to eventually sell. The process starts from selling its goods, collecting…

How to Account for Stranded Assets

With more than 14 million electric vehicle (EV) registrations in 2023 worldwide, and 2023 seeing an increase in EV sales over 2022 by 35 percent, EV manufacturers are probably happy – but not…

How to Measure the Quality of Accounts Receivable

Analyzing a company’s Accounts Receivables is an effective way to measure its current cash flows and the likelihood of maintaining healthy cash flows. According to the U.S. Chamber of Commerce’s Small Business Index (Third Quarter 2024), 68 percent…

6 Things To Know About Annuities

Annuities are one of many products that folks have in their nest egg. But first, what exactly is an annuity?Simply put, itâ??s a contract with an insurance company that promises to pay the buyer a steady stream of income in the future.

 
 
 
Biermann Straatmann P.C. that provides a wide variety of accounting, tax and financial management services. Most of our clients are located in the cities of Dallas. We service clients in many counties.
 
 
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