The 2012 holiday season was a certainly joyful one for retail workers. Despite continuing economic fears, as well as Superstorm Sandy and the presidential election, hiring soared to the highest level in six years, the Associated Press reports.
Retailers added 728,300 jobs between October 1 and December 31. This was 10.3 percent higher than the same period last year. It was the strongest hiring increase since 2006, when retail employment increased by 746,900.
When you file your federal income tax return before April 2013, you’re filing your 2012 taxes, and the 2012 income tax brackets define the amount of tax you owe to the government before credits and after-tax adjustments.
Some great insight about the tax rates for 2013. Watch your paycheck carefully for changes!