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.

 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.

Canopy, which makes practice management and tax resolution software, has received $11 million in funding. The company said proceeds will be used to build its cloud-based practice suite.