The Drake Software Blog
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IRS Decision May Impact Mortgage Interest Deduction in Some Cases
The Internal Revenue Service has acquiesced in the Ninth Circuit court’s decision on a year-old tax case involving unmarried co-owners…
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IRS Restores Online IP PIN Tool
The Internal Revenue Service has restored its “Get an IP PIN” tool to the IRS.gov website, after concerns about security…
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Tax Breaks for U.S. Military
Members of the U.S. Armed Forces deserve the thanks of the nation for their service, and one small way we…
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Massachusetts Senate Considers AirBnB Tax to Help Finance Earned Income Credit
The Massachusetts State Senate is looking at a bill that would install a tax on rooms rented through AirBnB to…
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Business or Pleasure: Determining if Your Hobby is Considered a Trade
What is a Trade or Business? Simply put, a trade or business must satisfy the need to make a profit. …
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