Thursday, April 2, 2009

Detroit boxing champ Thomas Hearns owes $448,000

Robert Snell / The Detroit News

Legendary Detroit boxer Thomas Hearns owes more than $448,000 in taxes, according to state and federal records.

Hearns, a seven-time world boxing champion and product of Detroit's storied Kronk Gym, has coped with delinquent tax bills for years, according to public records.

Hearns, who has launched repeated comebacks, made an estimated $40 million by 1991.

What's owed:

On March 18, the state filed a $5,147.79 lien against Hearns and his wife for unpaid income taxes, according to public records.

On March 17, the IRS filed a $145,477.62 lien against the boxer for unpaid income taxes. According to the lien, he owes the money from 2006.

In August 2008, the IRS filed a $90,824.59 lien against Hearns for unpaid income taxes. According to the lien, Hearns owes the money from 2007.

Last spring, the IRS filed a $206,740 lien against Hearns and his wife for unpaid income taxes from 2006, records show.

His side:
Hearns' tax attorney declined to comment and a second lawyer, Michael J. Smith, did not return a call. But previously, Smith said the tax debt stemmed from an accounting issue and that Hearns was working to resolve it.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.