Intuit's top executives have received bonuses for fiscal 2013, the first most have been awarded in three years. CEO Brad Smith recieved a $1.12 million bonus while CFO Neil Williams was granted $420,000 for last year. All of Intuit's named executives also received raises in base salary for fiscal 2013. Most did not receive bonuses in the 2011 or 2012 fiscal years.

Questions about franchise fee revenue recognition has caused JTH Holding, the parent of Liberty Tax Service, to delay the release of financial results for the year ended April 30. The company reported it has been in discussion with the staff and the SEC's Division of Corporation Finance about results for fiscal 2012 and the quarter ended January 31 this year.

A Charleston, S.C.-based tax preparer has been barred from preparing tax returns for others after he was accused of creating false copies of Form 1099 for customers. The action was taken against Stacy Middleton, who is also accused of creating fake income to enable clients to claim the Earned Income Tax Credit.