IRS urged to strip tax-exempt status of Jack Hibbs’ megachurch

By Ryan Foley, Christian Post Reporter Thursday, February 29, 2024 Pastor Jack Hibbs gives a sermon at Calvary Chapel in Chino Hills, California, on Feb. 25, 2024. | Screenshot: Calvarycch.org An atheist group is calling on the Internal Revenue Service to remove the tax-exempt status of a prominent Cmegachurch after video footage surfaced of its … Read more

Colorado TABOR refunds won’t be taxed in 2023 by the IRS, agency says

Colorado taxpayers won’t have to pay federal income taxes on their state refunds this filing season, according to two elected officials, after the IRS resolved uncertainty surrounding that issue — at least for now. U.S. Sen. Michael Bennet and Gov. Jared Polis confirmed the Internal Revenue Service’s decision during a Tuesday meeting with IRS representatives, … Read more

IRS waiving $1B in penalties for people, firms owing back taxes for 2020 or 2021

The IRS said Tuesday it is going to waive penalty fees for people who failed to pay back taxes that total less than $100,000 per year for tax years 2020 and 2021. Nearly 5 million people, businesses and tax-exempt organizations — most making under $400,000 per year — will be eligible for the relief starting … Read more