Liberty Tax has started offering tax debt resolution services via its franchisees. The services stem from last month’s acquisition of Chicago, Ill.-based Community Tax for $90 million in cash and stock by its parent NextPoint Financial.
NextPoint utilized $70 million, borrowed under its new credit facility, and $20 million in NetxPoint common stock, to pay for the purchase. Jacob Dayan, co-founder and CEO of Community Tax, has joined NextPoint as chief revenue officer.
Liberty has added the services to its website, noting it deals with a variety of settlement tools, including, Offers in Compromise, Installment Agreements, Stair-Step Agreements and Streamlined Installment Agreements,
NextPoint also said this month it has added four executives. Those are Kyle Sawai, SVP of digital marketing, Brooke Janousek, SVP of brand marketing, Steve She SVP of analytics, and Kevin Ortiz, VP of corporate development.
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards. Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that. A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind