Bob Scott

Bob Scott

Advocate: IRS Needs More Digital Services

The Internal Revenue Service needs to increase the availability of online tools, national taxpayer advocate Erin M. Collins said in her recent report to Congress. That includes reducing barriers to electronic filing, utilizing scanning technology and expanding the use of digital documents and signatures.

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Liberty Tax/LoanMe Deal Closes

NextPoint Acquisition Corp. has closed its acquisition of Liberty Tax and LoanMe.  The special purpose acquisition corporation i now operating as NextPoint Financial with its shares trading on the Toronto Stock Exchange.

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AICPA Backs Estimated Deadline Change

 The American Institute of CPAs is support a Congressional bill that would simply quarterly installments for estimated income tax payments. The proposal would change the due dates for individuals for the second and third quarter so that all payments  are due after the end of a quarter.

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