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Liberty Offering Tax Debt Resolution

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.

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