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Tax trouble for the Queen of Soul

March 13, 2008

Aretha Franklin is looking for some tax R-E-S-P-E-C-T or at least some tax help.

best_of_Aretha_FranklinThe Associated Press is reporting
that the Queen of Soul could lose her home to tax collectors. An unpaid
$445 tax bill and late fees from 2005 is about to send her $700,000
Detroit mansion into foreclosure
.

The singer says it’s all a misunderstanding due to an attorney’s mistake.

Press reports also cite other tax records showing that Franklin owes $18,746 in back taxes and fees for the 2006
and 2007 tax years. Foreclosure proceedings on those debts wouldn’t
begin until next year.

Franklin says she plans to pay up everything and reclaim her home by the March 31 deadline.

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The More Tax Posts tab at the top of this page will take you to, well, more tax posts. You also can search below for a tax topic. 

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TAX-SAVVY WAYS 
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
  • Why Want Records Companies Publishes Record Sales Of Black Legendary Entertainers!
    I Invite You To See For Your Own Self And Look Up Legendary Black Icons Listed Here Aretha Franklin, Smokey Robinson, The Temptations ion, The Four Tops, The O Jays, The Isley Brothers, Isaac Hayes, The Dells, The Drifters, Chuck Berry, James Brown, The Coasters, The Supremes Look Them Up For Records Sales Publications Your Will Be Socked!!!!!!!!
    Chilites.ning.com
    Then Leave Your Ideas!!!
    Probably

  • Many Legendary Entertainers And Black Icons Are Being Left Out From The Publishing Of Their Own Records Sales Legendary Entertainers Like Aretha Franklin, Smokey Robinson, The Temptations ion, The Four Tops, The O Jays, The Isley Brothers, Isaac Hayes, The Dells, The Drifters, Chuck Berry, James Brown, The Coasters, The Supremes are being keep from even being able to know their own sales.
    Which Leads Me To Think That In Music Many OF The Others icons Such As Billy Joel, Rod Steward, Barry Manilow, Barbra Streisand, Sonny And Cher, James Taylor, Frank Sinatra, Dean Martin, The Beach Boys, The Rolling Stones
    and Icons Of others Cultures Are Revenues And Earnings Put All Thru The Magazines And Even News.
    But The Majority Of These Who Are Not Of The Minority Culture Sales Are Keep Out OF The Fans Knowledge Are Their Sights And Interest!
    For More http://www.ChiLites.Ning.Com
    Should Legendary Icons Like The Chi Lites Demand Their Record Sales To Be Published!
    Aretha Franklin Are Not Eve Told Her Own Record Sales Revenue From Records So It Is Likely
    That This Would Happen. Why Want They Publishes Her Record Sales!

  • Oprah Winfery Should Help And Cover This

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