Money

U.S. Economy Added 200,000 Jobs In December

WASHINGTON, D.C. – The nation’s economy added 200,000 jobs in December, and the unemployment rate, at 8.5 percent, continued to trend down, according to data reported by the U.S. Bureau of Labor Statistics today. Job gains occurred in transportation and warehousing, retail trade, manufacturing, health care, and mining.

IRS Tax Tip: Do I Need to File a Tax Return This Year?

You are required to file a federal income tax return if your income is above a certain level, which varies depending on your filing status, age and the type of income you receive. However, the Internal Revenue Service reminds taxpayers that some people should file even if they aren’t required to because they may get a refund if they had taxes withheld or they may qualify for refundable credits.