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Liberty Tax Adding SMB Services

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.

Bob Scott
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
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