The number of Intuit's professional tax customers changed slightly for the last tax season, increasing by 1,000 to 122,000. But, the distribution of revenue from what is now called the ProConnect operations shows the major impact of the tax and accounting software company's decision to recognize all revenue ratably.

Intuit plans to expand the number of documents whose data can be pulled into tax return software. The software company used its Link portal during the recently ended tax season to aggregate data from W-2s which was then extracted. Intuit plans to extend that capability to 10 commonly used forms, including 1099s, K-1s and 1098s, during extension season, says CeCe Morken, EVP of the company's professional tax business.

The new Easy Advance loan program from Republic Bancorp netted the institution $1.6 million for the first quarter ended March 31. The company brought in $5.2 in interest income from the program, offset by $3.6 million provision for loss on the loans. Meanwhile, the company's refund transfer business rose by 11 percent over the first quarter of 2015.

Six tax return preparers have pleaded guilty to filing bogus tax returns in a scheme that produced $6,663,976 in fraudulent tax refunds. Four other individuals had previously pleaded guilty and been sentenced for their role in utilizing identification information stolen from the records of hospital patients to file returns through Family Tree Taxes, a tax preparation business based in Miami Gardens, Fla.