Inside The Collapse of The IRS Debt Settlement Program (Offer in Compromise)

What Taxpayers Need to Know About the Hijacking of the IRS Offer in Compromise.

The IRS Offer in Compromise (OIC) program has really been made a second chance lifeline to help taxpayers who find themselves in dire financial straits. Over the last few years, however, the connection has become very battered.

The once-trusted mechanism for settling an IRS debt, the OIC program, has become a favorite mark for predatory firms and misleading marketing tactics. What was the result? Fewer approvals, wasted resources, and ripped off taxpayers.

As someone who spent decades working both inside the IRS and in private tax resolution practice, I’ve seen this shift unfold in real time. And it’s time we talk about what’s really going on.

What Is the Offer in Compromise?

At its core, an Offer in Compromise allows taxpayers to settle their IRS debt for less than the full amount owed, but only if paying in full would create severe financial hardship. It’s not a loophole, a giveaway, or a secret backdoor. It’s a structured, rule-based process designed to balance the government’s interest in collecting revenue with a taxpayer’s ability to pay.

When used appropriately, the OIC can be a powerful tool for both the IRS and the individual. But today, that intent is being severely undermined.

A Troubling Trend is Arising as Approval Rates Are Falling

In the last year, the IRS received over 33,000 OIC submissions, but accepted just 7,199 of them. That’s a 21% approval rate, far below the historical average of 30-40%. The downward trend is stark and alarming.

So why the drop?

In short: an explosion of frivolous and unqualified OIC filings, driven largely by deceptive advertising and sales tactics from a growing number of tax resolution companies.

How Tax Resolution Companies Are Misleading the Public

We’ve all seen the ads on TV, online, even on billboards promising to “settle your tax debt for pennies on the dollar.” Some claim access to secret IRS programs. Others imply insider connections. Many offer free consultations that quickly turn into high-pressure sales pitches.

The reality? These firms often submit OICs for clients who have no chance of qualifying, wasting IRS resources and leaving the taxpayer in worse shape than before. I personally receive three to four calls each week from taxpayers who spent thousands of dollars on these services, only to be left with a denied offer, no refund, and no clear next steps.

What’s the Most Common Deceptive Marketing Tactic

Here are just a few of the misleading claims that you may come across that trick taxpayers into overpaying for false hope:

  • “The IRS Writes Off Millions Every Year!”: Technically true, but most of those write-offs come from the expiration of collection statutes, not successful OICs.

  • “Fresh Start Program”: It’s a real IRS initiative, but not something new, neither a secret. Also, it does not give you a guarantee of settlement.

  • “Settle for Pennies on the Dollar”: A catchy phrase, but often misleading. The majority of taxpayers do not qualify for such favorable terms.

  • Claims of Insider Access: There are no secret handshakes. The OIC program operates under publicly available criteria and a free IRS pre-qualifier tool.

The IRS Is Trying to Respond But It’s Not Enough

To its credit, the IRS has issued repeated warnings about these scams, even listing OIC fraud on its annual “Dirty Dozen” list of top tax scams. The IRS has also made improvements to accessibility, including:

  • The Offer in Compromise Pre-Qualifier Tool

  • An online portal for submission and tracking

  • Increased public guidance and alerts

Still, last year the IRS had to review and reject over 26,000 OIC submissions, each one diverting time and staff away from legitimate cases.

Recommendations for What Needs to Change in Policy

If we want to restore faith in the OIC program and protect vulnerable taxpayers, stronger enforcement and smarter safeguards are urgently needed. Here are three recommendations:

1. Implement Penalties for Frivolous Filings

Tax resolution firms that knowingly submit invalid offers should face fines similar to those imposed for filing false returns. Because if there are no consequences, abuse will continue.

2. Require a Justification Cover Sheet

Each OIC based on “doubt as to collectability” should be accompanied by a signed form showing the financial basis for the submission, ideally using IRS pre-qualifier data.

3. Track and Sanction Repeat Offenders

The IRS needs to maintain an internal watchlist of firms with high rejection rates. Such firms should be restricted from submitting further offers on behalf of clients.

A Word of Caution for Taxpayers

If you’re considering an Offer in Compromise, you have to proceed carefully. The stakes are high, and so are the risks of being misled. Here are a few survival tips from the inside:

  • Only Work with Licensed Professionals: Ask if they are a CPA, attorney, enrolled agent, or better yet, a former IRS agent. If they dodge the question, walk away.

  • Review Your Financials with Your Preparer: The person filing your OIC should fully understand your income, assets, and liabilities, not just send over a questionnaire.

  • Insist on a Zoom or Video Call Before Hiring: You need to see and speak to the person handling your case, not a commissioned sales rep.

Final Thoughts from the People Who’ve Been There

My co-author Peter Salinger E.A. (former IRS group supervisor of the offer in compromise program) and I wrote Exposing the Secrets for IRS Settlements because we’ve lived these stories from both sides. Peter and I spent years managing OIC cases inside the IRS and later reviewing them in Appeals. We have seen firsthand how large “box firms” flood the system with repeat filings, knowing most will be rejected.

The victims of this abuse are not just the IRS, they’re the everyday taxpayers who deserve real solutions and honest representation.

The Bottom Line

Last year, just 7,200 Americans were able to settle their tax debts through an Offer in Compromise. For them, it was a clean slate: liens lifted, passports restored, peace of mind regained, and debt finally settled.

But tens of thousands more were sold a dream, and left with nothing but disappointment, and still having their IRS tax debt remaining.

The Offer in Compromise is still a powerful solution, but only when it’s used the right way, for the right reasons, by the right professionals. Let’s protect its integrity, hold bad actors accountable, and give honest taxpayers the chance at real relief.

Learn more at: https://www.sullivan4irsmatters.com/

For more details contact Michael Sullivan from Company name: MD Sullivan Tax Group at mike@irs-matters.com or call 954 328 3501.

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Interdisciplinary Team Drives Helan Mountains East Foothills Transformation: Digital Technology Pioneers Innovation in China’s Wine Industry

Addressing Industry Challenges Through Collaboration

The team originated from the private domain e-commerce platform project developed by Professor Wang Jinyun of North Minzu University and his students in 2019, which served 20 Ningxia wineries and agriculture-ralated enterprises. Liu Yang, the project leader, was born in Shandong Province, a traditional Chinese wine region. Deeply contemplating the gap between China’s long history of winemaking and its modern industry development, and driven by the mission to bring Chinese wine to the world, Liu Yang enrolled at North Minzu University in 2023 and joined Professor Wang Jinyun’s research group. At the start of the semester, he accompanied his supervisor on field research to wineries in the Eastern Foothills of Helan Mountains, and quickly assembled Wang Qiming and Yang Wenyue in computer science, Yue Qian in financial management, Xue Yuanyuan and Xu Chuan in accounting, and Pan Jinpeng in law. A second-generation R & D team with passion and interdisciplinary collaboration was formed.

Technology Solutions for Winemaking Challenges

The team’s immersion into the industry frontlines was not without challenges. During initial research, winery staff expressed skepticism about the system’s stability developed by the student team, questioning: “How can we rely on a student-developed system? We’ll still need manual sampling to test physicochemical parameters.” Facing these doubts, team members fortified each other and tackled the difficulties head-on. However, significant discrepancies emerged between the system’s preliminary test results and manual detection data, severely undermining team confidence at one point. With Professor Wang Jinyun’s steadfast encouragement and guidance, the team repeatedly refined and adjusted model parameters, ultimately achieving precise collection and analysis of four key physicochemical indicators in wine.

Establishing an Industry Benchmark

After three years of dedicated R&D, the team has successfully established China’s first integrated digital management platform featuring a comprehensive wine industry knowledge graph, winery MES quality control system, and traceability technology. Deployed across wineries in the Eastern Foothills of Helan Mountains appellation, this platform achieves end-to-end data integration and transparent management from ‘vine to glass’ throughout the wine production chain. Consumers can now trace the complete journey of every wine bottle, powerfully enhancing the storytelling of Helan Mountain East Foothills wines. Leveraging this platform, the team successfully established the Petit Manseng wine brand, with its price surging from ¥580 to ¥998 per bottle to become the appellation’s breakout success. Concurrently, the team has proactively engaged in over 60 academic conferences and industry forums, continuously sharpening their expertise while promoting the digital platform.

Recognition for Innovation

Within just three years, team members have mastered the entire winemaking process, leveraging digital technology to significantly enhance wine quality. To date, the team has published 23 papers in high-impact domestic and international journals, secured 8 software copyrights, and has 14 invention patents under review.In April 2025, following rigorous selection, the team’s project emerged as the sole representative from Ningxia institutions at the “Ode to Youth” National University Student Innovation Achievements Exhibition, co-organized by the Ministry of Education of the People’s Republic of China and Ministry of Culture and Tourism of the People’s Republic of China, and hosted by the National Museum of China. At the exhibition, Advisor Professor Wang Jinyun delivered a detailed briefing to Vice Minister of Education Wu Yan and other officials on the project’s implementation and substantive outcomes. Student lead Liu Yang showcased the project’s contributions to Ningxia’s Helan Mountains East Foothills wine industry, earning high commendation from Vice Minister Wu.

The team’s successful practice showcases how young scholars leverage technological innovation to serve national strategies and regional specialty industries, providing an actionable ‘youth blueprint’ for the digital transformation and high-quality development of traditional winemaking.

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IBN Technologies’ Outsource Payroll Services Help U.S Firms to Keep Operational Stability

“Outsource Payroll Services [USA]”
IBN Technologies offers outsourced payroll services tailored to U.S. businesses, ensuring compliance with evolving federal and state regulations. Their solutions help reduce administrative burden, improve payroll accuracy, and maintain timely payments across various industries. By outsourcing payroll to experts, organizations can focus on strategic growth while ensuring operational stability and legal adherence.

Miami, Florida – 14 Aug, 2025 – Payroll compliance standards are getting stricter, which puts more pressure on businesses to handle wage processing accuracy and speed. In order to overcome these difficulties and make sure that tax and reporting obligations are fulfilled without placing an undue strain on internal resources, many businesses are now depending on skilled third-party suppliers. As a result, companies are increasingly choosing to outsource payroll services to optimize operations and maintain regulatory compliance.

Industries ranging from healthcare to education are benefiting from consistent payroll cycles that maintain employee trust and operational stability. Companies like IBN Technologies are offering specialized services tailored to sector-specific needs, ensuring precise calculations, on-time disbursements, and thorough adherence to legal frameworks. The approach reflects a growing emphasis on efficiency, accountability, and the strategic allocation of in-house resources.

Interested in reducing payroll stress?

Get a Free Consultation Today: https://www.ibntech.com/free-consultation-for-payroll-service/

Payroll Management Challenges Businesses Face

Many businesses face a variety of difficulties when handling payroll internally. These challenges are brought on by fluctuating worker sizes, shifting compliance needs, and a lack of internal payroll knowledge. Risks that businesses frequently encounter include payroll problems, legal infractions, and administrative responsibilities that put a strain on internal resources and lower employee happiness. The procedure is made more difficult by the necessity to execute payroll accurately and on time, as well as the need to adjust to frequent changes in tax laws, especially when they apply to several states.

Protecting confidential employee information is still a major problem, particularly in light of growing exposure to online dangers. Errors and exhaustion are further exacerbated by varying workforce sizes and a lack of committed payroll employees. The heavy administrative burden frequently overwhelms the finance and human resources teams, leaving little time for strategic planning.

Payroll outsourcing companies are becoming more and more popular as a solution to these persistent issues. There are companies in the outsourcing market that provide individualized, reasonably priced solutions designed to satisfy a range of operational requirements. When choosing a supplier, businesses usually look at things like service fees and availability of trained remote payroll specialists. Companies like as IBN Technologies are known for providing online payroll processing services that enhance operational effectiveness and strategic expansion while assisting clients in maintaining compliance.

Streamlined Payroll Through Outsourcing

Payroll complexity is increasing as labor laws evolve, prompting many to adopt outsource payroll services. IBN Technologies, one of the best payroll processing companies, provides robust payroll solutions covering tax withholdings, benefits management, and regulatory compliance.

✅ Staying current with updates to federal and state payroll laws

✅ Calculating taxes and benefits with precision to avoid errors

✅ Preventing payment delays linked to payroll mistakes

✅ Coordinating timely tax filings and payments

✅ Providing secure employee access to pay stubs and tax info

✅ Lowering administrative pressure on HR and finance teams

✅ Standardizing payroll schedules for multi-state compliance

Payroll outsourcing allows companies to focus on growth strategies while experts handle accuracy and compliance. Payroll outsourcing services from IBN Technologies are flexible, affordable, and can be customized to satisfy a variety of corporate needs.

Reliable Success Record

In order to increase accuracy, compliance, and employee happiness, many American businesses are turning to professional providers as payroll management becomes more complex. Because it enables precise, fast payroll calculations and reporting, choosing to outsource payroll services is essential to operational efficiency.

IBN Technologies has a proven track record of success and is notable for offering specialized payroll systems for small businesses that facilitate onboarding and execution. By maintaining dependable payment schedules and over 99% accuracy, businesses lower risks and maintain compliance.

  • A strong 95% of companies outsourcing payroll experience fewer compliance problems.

  • Outsourcing also delivers an average 20% reduction in payroll processing expenses.

Devoted payroll teams work with clients to ensure payroll supports organizational initiatives and continuous development in order to meet deadlines and regulatory obligations.

Streamlining Payroll for Growing Businesses

As businesses encounter more issues with payroll processing, the need for expert help becomes clear. By opting to outsource payroll services, organizations can meet compliance and accuracy requirements without putting an undue strain on internal resources. This approach is crucial in view of evolving labor trends and tax rules.

By working with seasoned firms like IBN Technologies, businesses can get specialist payroll administration that supports a dependable payroll schedule. Thanks to this approach, finance teams may prioritize critical tasks. Payroll outsourcing helps businesses achieve their goals, according to industry studies, which encourages more people to employ these solutions to reduce operational responsibilities.

Related Service:    

  About IBN Technologies                

IBN Technologies LLC, an outsourcing specialist with 26 years of experience, serves clients across the United States, United Kingdom, Middle East, and India. Renowned for its expertise in RPA, Intelligent process automation includes AP Automation services like P2P, Q2C, and Record-to-Report. IBN Technologies provides solutions compliant with ISO 9001:2015, 27001:2022. The company has established itself as a leading provider of IT, KPO, and BPO outsourcing services in finance and accounting, including CPAs, hedge funds, alternative investments, banking, travel, human resources, and retail industries. It offers customized solutions that drive AR efficiency and growth.                

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Company Name: IBN Technologies LLC
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Email: Send Email
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State: Florida 33130
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Website: https://www.ibntech.com/

 

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IBN Technologies’ Payroll Processing Services Help U.S Firms to Handle Payroll Demands

“Payroll Processing Services [USA]”
IBN Technologies delivers payroll processing services for U.S. firms, ensuring accurate payments, tax compliance, and seamless integration with HR systems. Their tailored solutions address complex pay structures, remote work challenges, and evolving labor laws, reducing administrative burdens and boosting efficiency while safeguarding sensitive employee and financial data.

Miami, Florida – 14 Aug, 2025 – Effective employee compensation management is becoming more difficult for American businesses due to a more complicated mix of worker arrangements. As businesses develop and diversify, scheduling, benefits administration, and pay structures have become increasingly complex. As a result, many are turning to outsourced payroll processing services to handle payroll tasks accurately, legally, and effectively.

Industry analysts note that businesses are prioritizing streamlined payroll oversight to ensure timely and error-free payments across job types, locations, and schedules. Companies like IBN Technologies are delivering tailored payroll management that supports both emerging and established enterprises, helping maintain consistency while reducing the operational burden on internal teams.

Struggling with Payroll and Accounts?

Get Your Free Consultation Here: https://www.ibntech.com/free-consultation-for-payroll-service/

Companies Respond to Evolving Payroll Requirements

Remote work, a variety of employment arrangements, and growing compliance requirements have created an operational environment that is becoming more difficult for organizations throughout the United States. Many companies are finding that their current payroll systems are inadequate in the absence of outside assistance or major changes as a result of these variables coming together. Tracking disparities for hourly and remote workers, incorrect employee job classification that results in legal problems, and interruptions brought on by faulty payroll technology are typical problems.

Employees anticipate easy access to their pay, benefits, and leave information, and operational efficiency is further hampered by a lack of coordination between the payroll, HR, and financial systems. The increasing requirement for trustworthy payroll system for small businesses that can adjust to changing business models is highlighted by these changing demands. Therefore, in search of scalable, compliant solutions that satisfy contemporary regulatory norms and worker expectations, more organizations are turning to seasoned service providers offering payroll processing services.

Professional Oversight Helps Address Administrative Demands

IBN Technologies offers specialized services that assist companies in maintaining payment integrity. The company is well-known for offering payroll processing services in different U.S. regions. These products are designed to meet the demands of the industry as well as the subtleties of regulations.

✅ Guaranteed transaction precision to avoid disruptions

✅ Access to payroll, HR payroll experts during operational hours for issue resolution

✅ Preparation of all necessary year-end tax documentation, including W-2s and 1099s

✅ Ongoing compliance tracking to remain aligned with labor and tax codes

✅ Coordination of timely employee payments across roles and departments

By taking these steps, IBN Technologies helps businesses minimize operational and regulatory risks while preserving payroll accuracy. Ajay Mehta, Chief Executive Officer at IBN Technologies, commented: “Delegating payroll oversight to skilled professionals reinforces payment accuracy and regulatory adherence. It allows businesses to focus on organizational development while ensuring payroll processes remain uninterrupted and compliant.”

Integration Across the U.S Industries

Online payroll systems are being used more and more by US-based businesses, from manufacturers and service providers to logistics companies, to support their operations. Onboarding assistance and system integration under the direction of outside experts have helped many.

By using this strategy, IBN Technologies has assisted companies in streamlining operations and enhancing employee satisfaction through dependable, prompt payouts. The business provides instruments for uniformity and control to clients in both urban and rural areas of the nation.

Proven Results from Expert Payroll Solutions

Due to the increasing complexity of payroll management, American businesses are turning to expert providers to streamline their payroll processes. Working with payroll service providers has become essential for preserving operational effectiveness and business continuity as demands for accuracy, regulatory compliance, and employee satisfaction rise.

• Custom payroll solutions for US businesses guarantee seamless onboarding and seamless data integration.

• By guaranteeing seamless payments, remote payroll specialists contribute to 99% data accuracy, increased productivity, and happier employees.

Payroll specialists are crucial to assisting US firms in managing employee remuneration while maintaining compliance and productivity as payroll regulations continue to rise.

Formal Payroll Management Gains Ground

Businesses all around the United States are reevaluating their internal payroll methods as compensation procedures become increasingly complex. Many people are now choosing HR payroll outsourcing for lowering their risk of fines and enhancing internal operations. Administrative teams used to have difficulties with tax computations, benefit payouts, and compliance documentation, but these days, modern payroll technologies help. To guarantee that all employee-related payments are processed accurately and in compliance with both federal and state rules, more businesses are collaborating with companies that offer outsourced payroll processing services.

Organizations in the United States are attempting to match financial operations with growth goals by using specialized payroll structures, guaranteeing accuracy and accountability in a labor market that is changing quickly.

Related Service: 

1. Outsource Bookkeeping USA: https://www.ibntech.com/bookkeeping-services-usa/

2. USA & UK Tax Preparation Services: https://www.ibntech.com/us-uk-tax-preparation-services/

About IBN Technologies             

IBN Technologies LLC, an outsourcing specialist with 26 years of experience, serves clients across the United States, United Kingdom, Middle East, and India. Renowned for its expertise in RPA, Intelligent process automation includes AP Automation services like P2P, Q2C, and Record-to-Report. IBN Technologies provides solutions compliant with ISO 9001:2015, 27001:2022. The company has established itself as a leading provider of IT, KPO, and BPO outsourcing services in finance and accounting, including CPAs, hedge funds, alternative investments, banking, travel, human resources, and retail industries. It offers customized solutions that drive AR efficiency and growth.             

Media Contact
Company Name: IBN Technologies LLC
Contact Person: Pradip
Email: Send Email
Phone: +1 844-644-8440
Address:66, West Flagler Street Suite 900
City: Miami
State: Florida 33130
Country: United States
Website: https://www.ibntech.com/

 

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Loop Industries (NASDAQ: LOOP) Secures Strategic Gujarat, India Site, Igniting Infinite Loop™ Global Growth – More Stocks Inside

Loop Industries, Inc. (Nasdaq: LOOP), a leader in 100% recycled PET plastic and polyester fiber, has reached a key milestone in its India growth strategy by securing a 93-acre site in Gujarat for its first Infinite Loop™ manufacturing facility in the country. Strategically positioned within a Petroleum, Chemicals and Petrochemicals Investment Region (PCPIR) near Surat—widely recognized as India’s synthetic textile capital—the location provides direct and plentiful access to polyester textile waste feedstock, a critical resource for Loop’s recycling technology. The site’s proximity to a deep-water seaport will facilitate cost-efficient global resin exports, while the availability of a highly skilled petrochemical workforce in the region is expected to accelerate construction, commissioning, and operational readiness.

In addition to Loop Industries, Inc. (Nasdaq: LOOP) keep an eye on: Trinity Biotech (NASDAQ: TRIB), Aeries Technology Inc. (NASDAQ: AERT), Power Metallic Inc. (OTCQB: PNPNF | TSX.V: PNPN),Inspire Veterinary Inc. (NASDAQ: IVP) and Synergy CHC Corp. (NASDAQ: SNYR) just reported their 10th consecutive profitable quarter up 125% YoY, with FOCUSfactor® driving the global expansion, as they are moving aggressively in early trading today.

The Gujarat plant will operate on 80% clean, renewable electricity and renewable biofuels, cutting the carbon footprint of its PET resin by up to 80% compared to petroleum-based production. Loop expects permitting to be completed by year-end 2025, positioning the site as a showcase for sustainable, large-scale polyester recycling in one of the world’s largest textile markets.

The land acquisition, priced at $10.5 million, comes in $5 million below the project’s original cost estimate of $176 million, as outlined in the FEED study by Tata Consulting Engineers. An initial $1.7 million deposit has secured the property, which has ample capacity for both the planned 70,000 metric ton per year facility and a future 100,000 metric ton expansion. With strategic location advantages, reduced capital costs, and scalable green production capacity, Loop Industries’ India venture is poised to set a new benchmark for circular economy manufacturing in Asia.

 

Disclaimers: The Private Securities Litigation Reform Act of 1995 provides investors with a safe harbor with regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, assumptions, objectives, goals, and assumptions about future events or performance are not statements of historical fact and may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties that could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements, indicating certain actions & quotes; may, could or might occur Understand there is no guarantee past performance is indicative of future results. Investing in micro-cap or growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investor’s investment may be lost or due to the speculative nature of the companies profiled. TheStreetReports (TSR) is responsible for the production and distribution of this content.”TSR” is not operated by a licensed broker, a dealer, or a registered investment advisor. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. “TSR” authors, contributors, or its agents, may be compensated for preparing research, video graphics, podcasts and editorial content. “TSR” has not been compensated to produce content related to “Any Companies” appearing herein. As part of that content, readers, subscribers, and everyone viewing this content are expected to read the full disclaimer in our website.

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Synergy Corp (NASDAQ: SNYR) “FOCUSfactor” Q2 +125% YoY Growth, 10th Consecutive Profitable Quarter – More Stocks Inside

Synergy CHC Corp. (NASDAQ: SNYR), a consumer health and wellness company, has reported its financial results for Q2 2025, marking its tenth consecutive quarter of profitability. The company posted revenue of $8.1 million, gross margin of 76.7%, and net income of $1.5 million—up 125% year-over-year—with earnings per share rising 86% to $0.17. EBITDA surged 136% to $3.8 million. See Entire Press Release.

In addition to Synergy CHC Corp. (NASDAQ: SNYR) keep an eye on these Mag 7 Undercard Stocks: Expion360 Inc. (NASDAQ: XPON), Biomerica Inc. (NASDAQ: BMRA), Opendoor Technologies (NASDAQ: OPEN), Trinity Biotech plc (NASDAQ: TRIB), Aeries Technology Inc. (NASDAQ: AERT), Power Metallic Inc. (OTCQB: PNPNF | TSX.V: PNPN) and Inspire Veterinary Inc. (NASDAQ: IVP) as they are moving aggressively in early trading today.

Focusfactor® a 25-year legacy product, already boasts established US Canadian and UK distribution via Costco (NASDAQ: COST), Walmart (NYSE: WMT), Amazon (NASDAQ: AMZN), CVS (NYSE: CVS), and Walgreens (NASDAQ: WBA) among others — continues and is further penetrating growth acceleration into new markets both domestically and globally.

Plus, key retail wins across mass, grocery, pharmacy, convenience, and wholesale channels are set to drive meaningful gains in late 2025. Internationally, the company’s licensing deals now cover both the UAE and Turkey. With a strengthened balance sheet, working capital surplus of $12.4 million, and ongoing brand growth, Synergy says it is well positioned to accelerate in the second half of 2025 and beyond.

Furthermore, CEO Jack Ross credited disciplined execution and strategic growth initiatives for the results, highlighting the expansion of FOCUSfactor into Turkey, UAE, etc. via a licensing agreement(s) and strong momentum in the ready-to-drink beverage line, supported by new leadership and North American distribution partnerships. Synergy also completed a $20 million debt refinancing, extending maturity to 2029 and enhancing financial flexibility.

 

Disclaimers: The Private Securities Litigation Reform Act of 1995 provides investors with a safe harbor with regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, assumptions, objectives, goals, and assumptions about future events or performance are not statements of historical fact and may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties that could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements, indicating certain actions & quotes; may, could or might occur Understand there is no guarantee past performance is indicative of future results. Investing in micro-cap or growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investor’s investment may be lost or due to the speculative nature of the companies profiled. TheStreetReports (TSR) is responsible for the production and distribution of this content.”TSR” is not operated by a licensed broker, a dealer, or a registered investment advisor. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. “TSR” authors, contributors, or its agents, may be compensated for preparing research, video graphics, podcasts and editorial content. “TSR” has not been compensated to produce content related to “Any Companies” appearing herein. As part of that content, readers, subscribers, and everyone viewing this content are expected to read the full disclaimer in our website.

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Pie: The UK Tax App Helping People Claim More, File Faster, and Stay Ahead of HMRC

Pie, the UK’s leading personal tax app, helps PAYE employees and the self-employed claim more, file faster, and stay ahead of HMRC. With real-time tax figures, integrated bookkeeping, and expert support, Pie makes managing taxes simple and stress-free. Users save time, uncover extra refunds, and keep more of their money – all in one secure, all-in-one solution.

London, UK – Pie, the UK’s trusted personal tax app, is transforming how workers and small business owners manage their tax obligations. Designed for both PAYE employees and the self-employed, Pie makes it easy to track income, claim expenses, and submit accurate tax returns – all in one simple, stress-free app.

Unlike traditional software or complicated spreadsheets, Pie combines clear, real-time insights with friendly expert support. That means no jargon, no nasty surprises, and no last-minute panic when HMRC deadlines loom.

“We know tax isn’t at the top of anyone’s to-do list,” said Tommy McNally, CEO and founder of Pie. “That’s why Pie focuses on making the process simple, human, and even a little delightful – while making sure people claim every penny they’re entitled to.”

Key Benefits for UK Taxpayers

  • Claim More – Identify allowable expenses and reliefs you might miss on your own.

  • File Faster – Complete your return in record time with built-in bookkeeping and pre-filled data.

  • Stay Ahead – Real-time tax figures and deadline reminders keep you on track all year.

  • Expert Support – UK-based tax specialists are available whenever you need help.

  • All-in-One Solution – From income tracking to HMRC submission, Pie handles it all.


Helping People Keep More of Their Money

HMRC data shows billions go unclaimed each year simply because taxpayers aren’t aware of their entitlements. Pie solves this by combining clear, accessible guidance with powerful tax tracking tools – so whether you’re a gig worker, contractor, freelancer, or small business owner, you can feel confident your taxes are under control.

Users report saving up to 70% of the time they’d normally spend on tax admin, while many discover hundreds of pounds in extra refunds thanks to Pie’s expense and allowance checks.

About Pie

Pie is the UK’s leading personal tax app, built to help working people take control of their taxes. It’s the only self-assessment solution with integrated bookkeeping, real-time tax figures, simplified returns, and instant access to human experts.

It’s your money. Claim it.

Website: www.pie.tax

Twitter: @PieTaxApp

Instagram: @pie.tax

LinkedIn: /company/pie-tax

Media Contact:

Tommy McNally Founder & CEO, Pie Tax

help@pie.tax

0203 576 2433

FAQ

1. What is the best tax app in the UK?

Pie is widely recognised as one of the UK’s leading tax apps, offering integrated bookkeeping, real-time tax calculations, and HMRC submission – all in one place.

2. Can a tax app help me get a bigger refund?

Yes. Pie automatically identifies allowable expenses and reliefs you might miss, helping you claim every penny you’re entitled to.

3. Is Pie only for self-employed people?

No. Pie works for both PAYE employees (including those with expenses or multiple income sources) and self-employed workers who file self-assessment returns.

4. How much does Pie cost?

Pie offers flexible plans for individuals and businesses, including options with unlimited calculations, automated bookkeeping, and expert support.

5. Is my data safe with Pie?

Absolutely. Pie uses bank-level encryption, GDPR compliance, and secure data handling to protect your information at all times.

Media Contact
Company Name: Pie Money Limited
Contact Person: Tommy Mcnally
Email: Send Email
Address:77 Lower Camden Street
City: Dublin 2
State: D02 XE80 Ireland
Country: United Kingdom
Website: https://pie.tax

 

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To view the original version on ABNewswire visit: Pie: The UK Tax App Helping People Claim More, File Faster, and Stay Ahead of HMRC

Hazli Named Best Camping Mattress in the USA for 2025 by Best of Best Review

“Hazli memory foam camping mattress best camping mattress of 2025 in USA”
Hazli’s camping mattress stands out thanks to its comfort-cell memory foam, which feels like a real bed—even on rocky ground. It’s waterproof, easy to clean, and comes in six sizes, making it a go-to for families, solo travelers, and anyone who values sleep while on the go.

It’s official: Hazli’s Memory Foam Camping Mattress has been crowned the Best Camping Mattress in the USA for 2025 by the trusted consumer site Best of Best Review.

This award comes after years of glowing reviews from campers, vanlifers, and families across America. The mattress, known for its cozy memory foam and smart roll-up design, has become a top choice on Amazon and beyond.

“We’re thrilled to get this recognition,” said a Hazli team member. “We built this mattress for real life—road trips, tents, guest rooms, even sleepovers. Getting named best in the country means everything to us.”

Hazli’s camping mattress stands out thanks to its comfort-cell memory foam, which feels like a real bed—even on rocky ground. It’s waterproof, easy to clean, and comes in six sizes, making it a go-to for families, solo travelers, and anyone who values sleep while on the go.

The award win is backed by thousands of real users who share stories like these:

“My kids slept through the night—camping used to be chaos!” “I’ve lived in a van for 3 years. This is the first mattress that feels like home.”

Best of Best Review, known for their strict testing and honest picks, gave Hazli top marks for quality, comfort, and durability. Their editors tested dozens of outdoor sleep options before making their pick.

About Hazli Hazli is a family-first brand focused on creating simple, smart products that make everyday life easier. From camping gear to home comfort, Hazli’s mission is to help people sleep better—wherever they are.

See the Award-Winning Mattress To read the full review and shop the mattress, visit: https://hazlicollection.com

Media Contact
Company Name: SMK Venture LLC
Contact Person: Bogdan Editoiu
Email: Send Email
Phone: 0741080207
Address:30 N Gould St
City: Sheridan
State: Ilfov
Country: United States
Website: hazlicollection.com

 

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To view the original version on ABNewswire visit: Hazli Named Best Camping Mattress in the USA for 2025 by Best of Best Review

Stratton Amenities Enters Chicago Market With Full Suite of Premier Amenity Services

“Chicago Skyline and Riverfront with Concierge Services by Stratton Amenities”
Award-winning Full Concierge Service, Doorman Programs to Properties Across the City.

Chicago, Illinois – Stratton Amenities, a leading national provider of luxury residential amenity services, is proud to announce its expansion into the Chicago market. With a reputation for luxury-level service and a personalized approach to residential experiences, Stratton Amenities now offers its full suite of services—including Concierge Services, Doorman Services, Courtesy Patrol, Janitorial Services, and Lifestyle Services—to residential properties across the Chicagoland area.

This strategic move signals the company’s ongoing growth and commitment to redefining residential living through thoughtfully curated amenity support that adds value to both residents and property management teams. From luxury high-rises to boutique apartment communities, Stratton Amenities is poised to serve a diverse range of residential properties throughout the Chicago metropolitan region.

Bringing Award-Winning Services to the Windy City

Stratton Amenities has become synonymous with excellence in residential amenity management in major markets like Dallas, Boston, Florida, and Los Angeles. Now, its trusted model will empower properties in Chicago to differentiate themselves in a competitive real estate market by offering a truly elevated standard of living.

“Chicago is a city that blends historic charm with modern sophistication. That’s exactly how we approach service,” said Mehdi Tazi, Founder and CVO of Stratton Amenities. “We’re honored to enter this iconic market and help residential communities stand out by delivering consistent, professional, and personalized support—day in and day out.”

Full-Service Residential Solutions for Every Property

Stratton Amenities provides an integrated and flexible suite of amenity services tailored to the needs of each individual property. These services include:

1. Concierge Services

At the heart of the Stratton Amenities experience is its concierge team—professional, trained, and passionate about serving residents with care and attention. From managing guest access and handling package deliveries to coordinating resident requests and hosting property events, Stratton Amenities’ Chicago Concierge Services offer hotel-level hospitality with a personal touch.

2. Doorman Services

Stratton Amenities’Doorman Services go far beyond opening doors. They provide security, hospitality, and a welcoming presence at the entryway of every building they serve. Acting as both gatekeepers and community ambassadors, doormen enhance curb appeal, boost resident satisfaction, and improve property reputation. To explore the full impact of this vital role, visit The Advantages of Having a Doorman in Chicago: Their Roles Beyond the Door.

3. Courtesy Patrol

A visible, approachable security presence fosters a sense of safety and comfort. Stratton Amenities’ Courtesy Patrol team conducts regular walk-throughs, monitors access points, responds to incidents, and supports a secure environment for both residents and staff—all while upholding the company’s elevated hospitality standards.

4. Janitorial Services

Clean, well-maintained spaces reflect a property’s brand and leave lasting impressions. Stratton Amenities’ janitorial teams specialize in daily upkeep, deep cleaning, disinfection, and seasonal maintenance of lobbies, elevators, common areas, gyms, and other amenity spaces.

5. Lifestyle Services

From yoga sessions to themed socials, wellness programs to community pet days, Stratton Amenities’ Lifestyle Services are curated to match the unique culture of each property. These events and experiences build stronger resident engagement and retention—turning neighbors into communities.

Tailored Support for Property Management Teams

Stratton Amenities doesn’t just serve residents—it empowers property managers. The company works closely with onsite teams to build integrated amenity programs that align with operational goals, streamline service delivery, and support property performance.

“Our services are built to complement and support onsite management teams,” said Christina Marshell, Director of Business Development. “Whether it’s full concierge staffing, weekend janitorial coverage, or curated lifestyle events, we create seamless extensions of a property’s brand and service philosophy.”

With decades of combined experience in luxury hospitality, residential management, and service training, Stratton Amenities’ leadership and support teams provide hands-on onboarding, quality assurance, and ongoing program optimization to ensure consistent results.

Discover how Stratton Amenities can enhance your property and elevate the lifestyle of your residents.

For more information, visit: www.strattonamenities.com, info@strattonamenities.com

Media Contact
Company Name: Stratton Amenities
Email: Send Email
Phone: 18664899919
Address:12530 Lebanon Rd Suite 206
City: Frisco
State: Texas
Country: United States
Website: https://strattonamenities.com

 

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To view the original version on ABNewswire visit: Stratton Amenities Enters Chicago Market With Full Suite of Premier Amenity Services

Invoice Process Automation Transforms U.S. Hospitality Workflows via IBN Technologies

“Invoice Process Automation [USA]”
Invoice Process Automation is reshaping hospitality finance by streamlining workflows and reducing manual errors. Hotels, resorts, and restaurants achieve faster payment cycles, improved invoice accuracy, and cost savings. Companies leveraging experts like IBN Technologies gain operational clarity, stronger vendor management, and scalable processes, ensuring efficiency and long-term financial stability in the U.S. hospitality sector.

Miami, Florida – 14 Aug, 2025 – The U.S. hospitality sector is experiencing a financial workflow revolution as hotels, resorts, and restaurants navigate increasing invoice volumes and complex vendor networks. Leveraging Invoice Process Automation, businesses are streamlining operations, minimizing errors, and reducing costs, enabling accounts payable teams to focus on strategic initiatives and ensure timely payments. Technology accelerates invoice cycles, enhances operational efficiency, and strengthens competitiveness in a cost-sensitive environment. Following its success in hospitality, sectors such as retail, real estate, and manufacturing are exploring accounts payable automation process to simplify financial operations, maintain compliance, and scale effectively.

The adoption of Invoice Process Automation signals a broader shift toward automated financial management across industries. Organizations, including innovators like IBN Technologies, are recognizing the benefits of robotic process automation workflow, including real-time invoice tracking, reduced manual errors, and faster financial decision-making. By integrating these systems, companies enhance efficiency, improve vendor relationships, and gain better visibility into cash flow, making invoice automation a critical tool for sustaining growth and maintaining competitiveness amid rising transaction volumes.

Discover How Automated Invoice Solutions Streamline Operations

Get a Free Consultation: https://www.ibntech.com/free-consultation-for-ipa/

Challenges Persist with Manual Invoice Processes

Despite the advantages of Invoice Process Automation, many hospitality organizations relying on internal teams continue to face operational strain. Inflationary pressures intensify challenges, complicating vendor payments and timelines. Traditional systems struggle with growing invoice volumes and complex workflows.

Typical issues include:

• Delays reconciling invoices from multiple vendors

• Errors from manual tracking

• Approval bottlenecks slowing payment cycles

• Difficulty managing seasonal spikes in invoices

• Limited visibility into outstanding obligations

• Risk of duplicate payments or missed deadlines

• Staff overload during month-end closures

Maintaining effective control without specialized guidance is increasingly difficult. Internal reviews fail to resolve persistent inefficiencies. Implementing a robust invoice automation tool and guidance from experienced providers is essential to stabilize operations and ensure uninterrupted financial processes.

Automation Drives Greater Accuracy in Invoice Processing

Hospitality companies are adopting structured automation strategies to handle mounting invoice challenges. The move is motivated by the need to reduce human error, accelerate payment cycles, and improve accounts payable visibility. Supported by seasoned partners, intelligent automation in finance is transforming finance team operations under high-pressure conditions.

Key enhancements include:

✅ Digital workflows replacing paper-based submissions

✅ Streamlined approval chains via automated routing

✅ Real-time invoice and ap automation tracking for accurate payments

✅ Reduced manual entry through system integrations

✅ Multi-format invoice processing using recognition tools

✅ Centralized dashboards for company-wide invoice oversight

✅ Automatic notifications for pending approvals

✅ Efficient management of high-volume vendor transactions

✅ Audit-ready documentation with detailed invoice trails

Without automation, efficiency remains limited, and manual processes struggle with complex billing cycles. Providers such as IBN Technologies deliver tailored Invoice Process Automation solutions for the hospitality sector in California, helping organizations overcome daily bottlenecks and maintain reliable workflows.

Strategic Impact of Automated Invoice Workflows

Automated invoice solutions deliver measurable benefits for hospitality businesses, helping hotels, resorts, and restaurants improve operational efficiency, reduce costs, and increase accuracy. Invoice Process Automation now plays a key role in enhancing financial oversight and operational control in the sector.

Key advantages include:

✅ Cuts invoice processing time by 50–80%

✅ Reduces handling costs by up to 50%

✅ Achieves accuracy rates above 99%

✅ Eliminates up to 70% of manual effort

✅ Provides ROI within 12 months

✅ Offers real-time invoice visibility and tracking

Automation enables finance teams to operate with increased speed, precision, and oversight. These systems are especially effective in managing compliance checks, seasonal invoice spikes, and multi-vendor reconciliations, making Invoice Process Automation indispensable for sustainable growth and operational stability.

Measured Outcomes Through Invoice Automation

Organizations implementing Invoice Process Automation with expert guidance report significant operational improvements. Transitioning from manual processes, hospitality companies in California are achieving faster turnaround, higher accuracy, and better accountability. Streamlined implementations simplify accounts payable cycles and increase transparency.

Key improvements include:

• Order processing time reduced from 7 minutes to 2

• Accuracy improved through minimized manual handling

• Over 80% of transactions processed via automated channels

• Complete task tracking with team-level ownership

Integrating invoice automation enables long-term consistency and operational visibility. Predictable workflows allow finance teams to focus on strategic priorities while reducing daily bottlenecks. By partnering with providers like IBN Technologies, hospitality businesses in California gain stronger financial control, optimized vendor management, and improved invoice accuracy, enhancing competitiveness in a dynamic market.

Looking Forward: Evolution of Invoice Process Automation in Hospitality

The continued adoption of Invoice Process Automation is reshaping financial management within the hospitality sector. Partnering with experienced solution providers allows companies to manage rising invoice volumes and complex vendor networks more effectively. Real-time visibility and predictable workflows free finance teams to focus on higher-value activities while minimizing operational bottlenecks.

Future developments are expected to include smarter workflow orchestration, deeper system integrations, and enhanced predictive analytics. Hospitality businesses leveraging tailored Invoice Process Automation solutions from IBN Technologies can anticipate improved operational control, stronger vendor relationships, and optimized cash flow management, ensuring resilience, efficiency, and long-term growth in a competitive environment.

Related Services:                  

  1. Sales Order Processing: https://www.ibntech.com/sales-order-processing/  

About IBN Technologies                   

IBN Technologies LLC, an outsourcing specialist with 26 years of experience, serves clients across the United States, United Kingdom, Middle East, and India. Renowned for its expertise in RPA, Intelligent process automation includes AP Automation services like P2P, Q2C, and Record-to-Report. IBN Technologies provides solutions compliant with ISO 9001:2015, 27001:2022. The company has established itself as a leading provider of IT, KPO, and BPO outsourcing services in finance and accounting, including CPAs, hedge funds, alternative investments, banking, travel, human resources, and retail industries. It offers customized solutions that drive AR efficiency and growth.

Media Contact
Company Name: IBN Technologies LLC
Contact Person: Pradip
Email: Send Email
Phone: +1 844-644-8440
Address:66, West Flagler Street Suite 900
City: Miami
State: Florida 33130
Country: United States
Website: https://www.ibntech.com/

 

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To view the original version on ABNewswire visit: Invoice Process Automation Transforms U.S. Hospitality Workflows via IBN Technologies