IRS Solutions® Named as American Society of Tax Problem Solvers (ASTPS) Partner
VALENCIA, Calif., March 10, 2025 (SEND2PRESS NEWSWIRE) — IRS Solutions®, a company offering innovative tax resolution software explicitly designed for tax professionals, announces that it has been named an industry partner by the prestigious American Society of Tax Problem Solvers (ASTPS).
A NEW PARTNERSHIP TO BENEFIT TAX PROS
ASTPS Success Partners are thoughtfully selected and thoroughly vetted vendors and suppliers who provide products and services to elevate a tax resolution practice. IRS Solutions is honored to join this exclusive group of industry colleagues.
Suzanne Stone, IRS Solutions Managing Partner, says, 'We are thrilled to have another opportunity to connect with tax professionals and support them in creating steady, year-round income through proactive client service. ASTPS provides training that tax pros just can't find anywhere else. Thanks to this partnership, both new and experienced specialists will also gain access to the tools they need to streamline tax resolution cases and offer a competitive advantage.'
About IRS Solutions:
Founded in 2011 by former IRS Agent David Stone and his wife Suzanne, IRS Solutions is a family-owned and operated company offering innovative tax resolution software explicitly designed for tax professionals. The platform provides a comprehensive suite of tools to transform how tax experts work and serve their clients.
David Stone says, 'IRS Solutions combines powerful, intuitive software that's quick to implement and easy to master with customer service the way it used to be. When our members call during business hours, we stop what we're doing, pick up the phone, and answer their questions. This combination of cutting-edge technology with unparalleled support has earned us a reputation for excellence among our peers. We're proud to join with ASTPS for this next step forward.'
He adds, 'With the right training and tools in tax resolution, you can gain the confidence needed to deliver winning results for your clients. My father always told me, 'Do whatever you want, just get the knowledge and be the best you can be.' This wisdom has guided me throughout my career, and it's a principle we strive to share with every tax professional we serve.'
With a monthly or yearly subscription, IRS Solutions member gains full access to all features:
comprehensive tax resolution tools
award-winning IRS Advance Notice™ (IAN), which silently monitors the IRS system to proactively alert about transcript changes – often months before an official notice arrives by mail
automated analysis with solution recommendations
bulk transcript downloads
seamless integration with IRS systems
CSED calculator
pre-filled form library including 40+ state POAs
5 initial e-signatures, with additional packages available for purchase
secure, custom-branded client portal
white-labeled communication and marketing materials including customizable letters, brochures, portal personalized for your firm and social media posts to attract and engage clients
…and so much more.
For additional details, visit https://www.irssolutions.com/.
About ASTPS:
Founded in 2003, the American Society of Tax Problem Solvers (ASTPS) is a nonprofit organization that is dedicated to helping tax resolution specialists represent clients in front of the IRS with integrity, expertise, and professionalism. ASTPS provides live technical training conferences, case support and continuing education through membership and certification opportunities for practitioners looking to transition to a lucrative specialty in tax problem resolution. Membership in ASTPS reflects the commitment to professional excellence and high standards in taxpayer representation.
Larry Lawler, ASTPS National Director and Founding Member says, 'We've watched as IRS Solutions has taken root and grown without ever losing sight of the values that launched their business. Over more than ten years, they have improved their product and earned well-deserved accolades. Now is the right time for ASTPS and IRS Solutions to establish and nurture a long-term partnership that will benefit our members and help them succeed.'
For additional details, visit .
WHAT'S NEXT?
The IRS Solutions team will be present at upcoming ASTPS events and conferences to introduce tax professionals to this exciting new partnership and answer questions about how they can earn more in less time.
NEWS SOURCE: IRS Solutions Software
Keywords: Taxes and Accounting, IRS Solutions Software, American Society of Tax Problem Solvers ASTPS, innovative tax resolution software, VALENCIA, Calif.
Send2Press® Newswire. Information is believed accurate but not guaranteed. Story ID: S2P124599 APNF0325A
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Condensed Consolidated Statements of Operations and Comprehensive Loss (In Thousands, Except Per Share Data) Three Months Ended June 30, Six Months Ended June 30, 2025 2024 2025 2024 Revised (1) (unaudited) (unaudited) Revenue $ 1,302 $ 56 $ 1,473 $ 75 Cost of revenue 1,240 85 1,412 150 Gross income (loss) 62 (29 ) 61 (75 ) Operating expenses: Research and development 690 971 1,615 1,384 Sales and marketing 183 62 303 123 General and administrative 4,006 8,546 8,360 13,298 Total operating expenses 4,879 9,579 10,278 14,805 Loss from operations (4,817 ) (9,608 ) (10,217 ) (14,880 ) Total other income (expense), net 234 (49,324 ) (325 ) (50,646 ) Loss before income taxes (4,583 ) (58,932 ) (10,542 ) (65,526 ) Income tax provision — — — — Net loss $ (4,583 ) $ (58,932 ) $ (10,542 ) $ (65,526 ) Other comprehensive loss: Reporting currency translation 5 4 7 27 Comprehensive loss $ (4,578 ) $ (58,928 ) $ (10,535 ) $ (65,499 ) Weighted-average common shares outstanding, basic and diluted 2,079,609 233,660 1,905,837 233,660 Net loss per share, basic and diluted $ (2.20 ) $ (252.21 ) $ (5.53 ) $ (280.43 ) Expand (1) Certain expenses previously recorded as research and development were related to activities that should be recorded as general and administrative. 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(2) Includes the following: •Remeasurement of share-based termination liability of zero and $1.5 million for the three months ended June 30, 2025 and June 30, 2024, respectively, and zero and $1.3 million for the six months ended June 30, 2025 and June 30, 2024, respectively. •Remeasurement of related party convertible notes of zero and $5.3 million for the three months ended June 30, 2024 and June 30, 2025, respectively, and zero and $5.5 million for the six months ended June 30, 2025 and June 30, 2024, respectively. •Remeasurement of convertible notes of zero and $15.9 million for the three months ended June 30, 2024 and June 30, 2025, respectively, and zero and $17.1 million for the six months ended June 30, 2025 and June 30, 2024, respectively. •Remeasurement of public placement warrant liability of ($0.1) million and zero for the three months ended June 30, 2025 and June, 2024, respectively, and ($0.3) million and zero for the six months ended June 30, 2025 and June 30, 2024, respectively. •Remeasurement of related party private placement warrant liability of $(0.5) million and zero for the three months ended June 30, 2025 and June 30, 2024, respectively, and $0.1 million and zero for the six months ended June 30, 2025 and June 30, 2024, respectively. (3) Includes Bridge Convertible Notes issuance costs of zero and $6.9 million included in operating expenses within general and administrative expenses for the three months ended June 30, 2025 and June 30, 2024, respectively, and zero and $9.4 million for the six months ended June 30, 2025 and June 30, 2024, respectively. Expand
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About CVD Equipment Corporation CVD Equipment Corporation (NASDAQ: CVV) designs, develops, and manufactures a broad range of chemical vapor deposition, thermal processing, physical vapor transport, gas and chemical delivery control systems, and other equipment and process solutions used to develop and manufacture materials and coatings for industrial applications and research. Our products are used in production environments as well as research and development centers, both academic and corporate. Major target markets include aerospace & defense (ceramic matrix composites), silicon carbide (SiC) high-power electronics, electric vehicle (EV) battery materials (carbon nanotubes, graphene and silicon nanowires), and industrial applications. Through its application laboratory, the Company allows customers the option to bring their process tools to our laboratory and to work collaboratively with our scientists and engineers to optimize process performance. The Private Securities Litigation Reform Act of 1995 provides a 'safe harbor' for forward-looking statements. Certain information included in this press release (as well as information included in oral statements or other written statements made or to be made by CVD Equipment Corporation) contains statements that are forward-looking. All statements other than statements of historical fact are hereby identified as 'forward-looking statements, 'as such term is defined in Section 27A of the Securities Exchange Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward looking information involves a number of known and unknown risks and uncertainties that could cause actual results to differ materially from those discussed or anticipated by management. Potential risks and uncertainties include, among other factors, market and business conditions, the success of CVD Equipment Corporation's growth and sales strategies, the possibility of customer changes in delivery schedules, cancellation of, or failure to receive orders, potential delays in product shipments, delays in obtaining inventory parts from suppliers and failure to satisfy customer acceptance requirements, competition in our existing and potential future product lines of business, including our PVT systems; our ability to obtain financing on acceptable terms if and when needed; uncertainty as to our ability to develop new products for the high power electronics market; uncertainty as to our future profitability; uncertainty as to any future expansion of the Company; uncertainty as to our ability to adequately obtain raw materials and components from foreign markets in light of geopolitical developments; and other risks and uncertainties that are described in the Company's Annual Report on Form 10-K for the year ended December 31, 2024 and the Company's other filings with the Securities and Exchange Commission. For forward-looking statements in this release, the Company claims the protection of the safe harbor of the Private Securities Litigation Reform Act of 1995. The Company assumes no obligations to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise. Past performance is not a guarantee of future results. CVD EQUIPMENT CORPORATION AND SUBSIDIARIES Condensed Consolidated Balance Sheets (In thousands - unaudited) June 30, 2024 December 31, 2024 Assets Current assets Cash and cash equivalents $ 7,023 $ 12,598 Accounts receivable, net 4,993 2,149 Contract assets 3,768 2,226 Inventories 2,328 2,115 Other current assets 387 898 Total current assets 18,499 19,986 Property, plant and equipment, net 11,394 11,699 Other assets 52 1 Total assets $ 29,945 $ 31,686 Liabilities and Stockholders' Equity Current liabilities $ 4,628 $ 6,137 Long-term debt, net of current portion 136 181 Total stockholders' equity 25,181 25,368 Total liabilities and stockholders' equity $ 29,945 $ 31,686 Expand This earnings release should be read in conjunction with the Company's filings with the Securities and Exchange Commission, including the Annual Report on Form 10-K for fiscal year ended December 31, 2024.
