Liberty Tax Debuts Enhancements and New Products and Services in 2022

Rhea-AI Summary

Liberty Tax, a prominent tax preparation firm, has unveiled a suite of new services for the 2021 Tax Season, reaffirming its commitment to customer-focused solutions. The offerings include diverse tax filing options, the Easy Advance loan program ranging from $500 to $6,250, a Refund Transfer service with no upfront fees, and the DEEPBLUE™ Debit Account. With over 2,700 locations, Liberty Tax aims to provide a seamless experience, enhancing financial products to cater to both consumers and small businesses.

Positive

• Launch of multiple new services, enhancing customer support and financial solutions.
• Easy Advance offers loans from $500 to $6,250 based on federal tax refunds.
• Refund Transfer allows direct deposit with no upfront fees, improving customer convenience.
• DEEPBLUE Debit Account provides new deposit options, exclusive to Liberty Tax.

Negative

• None.

Leading with tax preparation at the core of its business for 25 years

HURST, Texas--(BUSINESS WIRE)-- Liberty Tax, one of North America’s leading tax preparation companies, has launched several new products and services for the 2021 Tax Season. Its customers can expect the same professional tax preparation service that Liberty Tax has provided for 25 years, with advancements that its more than 2,700 locations with skilled tax professionals can offer.

“This new line-up allows us to offer the best financial products and services in the marketplace,” says Brent Turner, CEO of Liberty Tax. “We develop each product with our customers in mind; making the process seamless and stress-free for them.”

2022 Products and Services

• Tax Preparation – filing options include in-person, drop-off, online, or virtual support; “Virtual Tax Pro” allows online filing with support of a local tax professional; mobile app to book an appointment and start taxes online.
• Easy Advance* – a loan based on the taxpayer’s net federal tax refund with approved amounts of $500 to $6,250.
• Refund Transfer* – process tax refund as a direct deposit with no upfront fees and several disbursement options
• DEEPBLUE™ Debit Account* – deposit account new this year and exclusive to Liberty Tax.
• Bookkeeping – business owners conduct accounting on the move, manage expenses, track cash flow, skip tax prep scramble and customize the user experience.
• Loans* – consumer Loans that range from $100 to $20,000. And small business loans up to $100,000.00
• Tax Debt Relief – affordable Tax Debt Resolution services for both individuals and businesses facing IRS trouble.

“Liberty Tax offers the flexibility of a personal tax consultant and security of a large, established company,” says Ted DeMarino, President and Chief Operating Officer at Liberty Tax. “These products and services do just that.”

*Visit www.libertytax.com for additional details and disclosures. Easy Advance, Refund Transfer, and DEEPBLUE Debit Account are offered by Republic Bank & Trust Company, Member FDIC.

About Liberty Tax
Liberty Tax, a portfolio company of NextPoint Financial Inc. (TSX: NPF.U & OTC Pink: NACQF), is a tax preparation service that serves approximately 1.6 million consumer and small business clients in the United States and Canada. Established in 1997, Liberty Tax is one of the nation’s leading tax preparation companies, with franchised locations in every major metro area throughout the U.S. and Canada. For a more in-depth look, visit Liberty Tax Service and on Facebook.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220119005447/en/

Brooke Janousek

brooke.janousek@libtax.com

Source: Liberty Tax

FAQ

What new services has Liberty Tax introduced for NACQF in 2021?

Liberty Tax has launched several new services, including Easy Advance loans, Refund Transfer options, and the DEEPBLUE Debit Account.

What is the Easy Advance program offered by Liberty Tax?

The Easy Advance program allows customers to access loans ranging from $500 to $6,250 based on their net federal tax refund.

How does the Refund Transfer service work for NACQF customers?

The Refund Transfer service enables customers to receive their tax refund via direct deposit without any upfront fees.

What does the DEEPBLUE Debit Account offer to Liberty Tax clients?

The DEEPBLUE Debit Account is a new deposit account exclusive to Liberty Tax, providing customers with additional financial flexibility.

Where can I find more information about Liberty Tax's new offerings?

Additional details about Liberty Tax's services can be found on their official website: www.libertytax.com.