Taxes

The Internal Revenue Service has a massive backlog of unprocessed tax returns, delaying refunds for millions, according to a report from the national taxpayer advocate.

Washington Gov. Jay Inslee and Oregon Gov. Kate Brown indicate that they would not pause their states' gas taxes, as President Biden urges Congress to suspend the federal tax.

The IRS said Tuesday that it has almost finished processing roughly 8 million unprocessed tax returns from 2022, but it still has millions of paper returns from 2022 that need to be processed.

President Biden is considering pausing the federal gas tax, but critics say the suspension could ultimately cause already red-hot inflation to spike even higher.

Wasteful government spending and higher taxes won't help American families, taxpayers & small businesses, but it will drive inflation higher

Small businesses need relief from inflation, but too many in Congress propose more bad ideas that would only make things worse.

Republican lawmakers are seeking answers from IRS Commissioner Charles Rettig over the agency's justification for destroying 30 million tax documents.

Americans should be wary of bogus text messages and random phone calls from people seeking personal information amid ongoing pandemic fraud, the IRS said.

FOX Business' Stuart Varney discusses U.K. Prime Minister Boris Johnson's political faults and policies as the country's economic stability begins to slide