Even if the rest of the economy looks weak, Intuit painted an optimistic picture for its year ending July 31. At this week's earnings conference call, company executives said they expected overall revenue would grow by 8 percent to 11 percent, consumer revenue by 10 percent to 13 percent, and revenue from the accounting professionals segment--its Lacerte and ProSeries business--by 4 percent to 7 percent. That came as the company's earnings for fiscal 2010 topped all of Wall Street's estimates.

WASHNGTON - The Internal Revenue Service has issued proposed regulations to eliminate rules for making federal tax deposits by paper coupon since that system is coming to an end after December 31. Deposits will then all be made through the Electronic Federal Tax Payment System via computer or telephone.

Two lengthy computer outages that frustrated users of a broad range of Intuit applications, including one that shut down operations of thousands of small businesses, stemmed from Intuit's approach to its protecting its systems, CEO Brad Smith said today in a financial earnings Webcast. "It's was pure execution. It's something we need to fix," he commented.