Erin Arvedlund is a financial reporter and lives in Philadelphia.
If you are a municipal-bond investor, we have two news flashes for you. First, we found a local money manager who recently purchased some Puerto Rican muni bonds, despite the island's debt downgrade to junk-bond rating some weeks ago. For investors with a high risk tolerance, Puerto Rico debt yielding about 8 percent tax-free has drawn some sophisticated buyers.
Erin Arvedlund: Since tax season is upon us, we highlight some free tax-filing resources, in particular Free File, the IRS's online tax-preparation and e-filing program, available at the website IRS.gov/freefile.