Liberty Tax is expanding its operations with a small business service that features monthly bookkeeping, payroll services and business loans. The new line will be built around Xero’s cloud accounting software, the companies said this week.The integration of Liberty Tax Mobile will be expanded to include Xero. According to the announcement, ‘This marks the first development in a banking as a service model that Liberty Tax plans to offer to individual and business clients.”
Liberty was recently brought together with LoanMe as the operations were acquired by the newly formed NextPoint Financial. Liberty had been owned by the Franchise Group.
The additional services will give Liberty franchisees the ability to provide year-round services and advice to clients, rather than concentrating on tax preparation services, the company said.
