Intuit believes that the number of tax returns filed during the 2011 tax season will be unchanged from last year. That's after two consecutive years of declines that stemmed from the recession. That prediction was among several points made this morning by Brad Smith, the tax and accounting company's CEO, as he addressed attendees at the company's annual shareholders' meeting.

An administrative judge has dismissed administrative proceedings brought against CPA Gerard A.M. Oprins for his role as engagement partner in the audit of the 2004 financial results of two companies whose president went to prison for embezzling millions to support a lavish style. The ruling means Oprins will not face a three-year suspension from practicing before the SEC. While a one-year bar was imposed on Wendy McNeeley, who was the audit manager, Administrative Judge Robert Mahoney rejected the three-year suspension requested for her by the SEC's division of enforcement.

ALEXANDRIA, Va. -- The National Society of Accountants is urging the Internal Revenue Service to delay e-filing regulations for paid tax preparers for a year. The regulations, which took effect this month, mandate that preparers who file at least 100 returns must using electronic filing this year. The NSA made its statements last week in testimony before the IRS. Read more...