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California tax collectors also interested in Al Franken

April 27, 2008

Golden State tax officials are on a roll this week when it comes to unpaid back taxes by celebrities.

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Comedian-turned-politician Al Franken has been making a serious run at the U.S. Senate. He’s just about to get the endorsement of the DFL, Minnesota’s Democratic-Farmer-Labor Party, to challenge Republican Sen. Norm Coleman.

Now, however, Franken’s road to Washington could contain a major political pothole. On Friday, Republicans said they have discovered a possible irregularity from Franken’s entertainment days, specifically some unpaid California taxes.

According to the Minneapolis-St. Paul Star Tribune, Franken’s campaign manager Andy Barr declined to say whether Franken had paid taxes on earnings in California between 2003 and 2007.

Barr did tell the paper, though, that Franken’s accountant is working with California officials to sort things out.

This latest tax incident follows earlier disclosures that Franken, who also was one of Air America radio’s stars, failed to pay worker’s compensation and disability premiums in New York and botched the dissolution of his California corporation.

Franken has since paid more than $25,000 in fines to New York, but still owes more than $4,700 in corporate taxes and fines to California.

We’ll have to wait until November to see if the tax missteps have any effect on Minnesota voters.

Photo courtesy of AlFranken.com.

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TO WRAP UP 2026

It’s over! With October’s extended filing deadline behind us, it is now time to focus on year-end moves to reduce your 2026 tax bill. 

You’ll find ways to do just that on the Tax Tips page (see the More Tax Posts drop-down menu at the top of the blog), as well as the separate tax tip pages for each month, notably October through December. If you’re on the Tax Tips page, you’ll find a monthly list at the end of this column. If you’re on another blog page, you can head straight to the October tips; at the bottom of that tips page you’ll find links to all the other 11 months’ collections of tax advice.

Not to spoil what you’ll find in that tax advice, but it does cover such things as tax deductions for charitable donations, investment moves that could reduce tax due, and ways to max out your tax-favored retirement savings. 

Finally, as the year winds down, things get hectic. There are lots of other things to occupy our time, like the much more fun upcoming holidays. But don’t lose sight of taxes, since timing is key. To be of use, most tax moves must be made by the end of the tax year. That’s Thursday, Dec. 31, which also is the last business day of the year. 

So that you don’t miss that final tax year deadline, also keep an eye on the countdown clock below. It will keep you on top of just how much time is left to make important, tax-saving moves. (Note: I’m in the Central Time Zone, so adjust accordingly for where you live.)

Comments
  • Lydia Olchoff

    I live in Minneapolis and have seen Al Franken speak numerous times. I’ve shook his hand (he LOVES to shake hands!) and I’ve dived into the Ladies’ Room to avoid shaking his hand.
    Why? He’s just not a “nice man”… He’s sarcastic, and caustic, and well, if you’re not from Minnesota you might not get this. But, we pride ourselves on being “nice” here. We don’t call people “lying liars” or “big fat liars”. We’d be more inclined to say that perhaps someone was “mistaken”.
    More importantly, we here in Minnesota have a FAR BETTER candidate opposing Al. Sure, he’s not rich or famous like Al. But, hey, he pays his taxes… Check him out… His name is Jack Nelson-Pallmeyer. He’s a university professor, and he’s all about saving the planet… Here’s the website….
    http://www.JackForSenate.org
    And, while you are there, PLEASE donate some money!! We need your help!!

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