Help Us Keep Reporting. Donate to Detroit Metro Times.

Friday, December 28, 2018

Aretha Franklin owed millions in back taxes

Posted By on Fri, Dec 28, 2018 at 2:48 PM

click to enlarge JSTONE / SHUTTERSTOCK
  • JStone / Shutterstock

The IRS is auditing Aretha Franklin's estate for millions in unpaid taxes.

On Thursday, TMZ obtained legal documents from the IRS that reveal that Franklin owed more than $6.3 million in back taxes between the years 2012-2018.



David Bennett, who represents Franklin's estate, told the Associated Press that the IRS submitted a claim in county probate court outside of Detroit.

Franklin's estate has already paid at least $3 million in back taxes, but is also facing fines of $1.5 million in addition to the original figure.

“We have a tax attorney. All of her returns have been filed," Bennett said in a statement to AP. “We have disputes with the IRS regarding what they claim was income. We claim its double-dipping income because they don’t understand how the business works.”

According to Bennett, the IRS is not accounting for the expenses that Franklin procured on the road, including transportation, accommodation, as well as performance fees for backup singers and musicians.

The Queen of Soul died of pancreatic cancer at age 76 in August and left no will. Documents filed in Oakland County following Franklin's death did not disclose how much the singer was worth, though Franklin's estate is speculated to be worth tens of millions of dollars.

Stay on top of Detroit news and views. Sign up for our weekly issue newsletter delivered each Wednesday.

Tags: , ,

Detroit Metro Times works for you, and your support is essential.

Our small but mighty local team works tirelessly to bring you high-quality, uncensored news and cultural coverage of Detroit and beyond.

Unlike many newspapers, ours is free – and we'd like to keep it that way, because we believe, now more than ever, everyone deserves access to accurate, independent coverage of their community.

Whether it's a one-time acknowledgement of this article or an ongoing pledge, your support helps keep Detroit's true free press free.

Read the Digital Print Issue

May 20, 2020

View more issues

Newsletters

Never miss a beat

Sign Up Now

Subscribe now to get the latest news delivered right to your inbox.

Best Things to Do In Detroit

© 2020 Detroit Metro Times - Contact Us

Website powered by Foundation