Intuit is taking its GoPayment mobile credit card app and card reader global with its first move into another country--into Canada. The company also said it would begin shipping a free re-designed card reader in both the United States and Canada. The Canadian products are scheduled to be available early this year. No schedule was discussed for releasing the app in other countries.

A Mesa, Ariz., man who stole from a tax preparer who conducted a Ponzi scheme was sentenced to 63 months in prison for his role in money laundering and defrauding the Internal Revenue Service. Wayne A. Mounts and his co-defendant, Gino Carlucci, were convicted in a trial in July for stealing large sums of money from tax preparer, Joseph Flickinger, who went to prison for mail and wire fraud, and from Flickinger's clients and associates. The two also set up Flickinger for arrest.

A Dix Hill, N.Y.-based tax preparer has pleaded guilty to preparing at least 56 false federal tax returns. Howard Levine, who owned and operated Milaur Associates, made the admission this week in U.S. District Court in the Eastern District of New York in Central Islip, N.Y. He faces up to six years in prison and a fine of up to $500,000. Read more...