Posted by Susan T on September 27, 2009, 10:33 am Link: NY Post
67.101.125.201
Or should I say the "Dutchess" as the poor excuse of a headline writer for the NY Post calls her? (And where is the editor? Can't he or she spell, either?)
Anyway, here's some quotes:
Fergie, as she is known, launched New York-based Hartmoor LLC in 2006 to promote her business interests in publishing, the media and her public appearances.
(snip)
A large proportion of the Duchess's US earnings came from her role as international ambassador for Weight Watchers -- but that gig ended last year.
George Bonini, a lawyer leading the dissolution of Hartmoor, said the process began in January --not long after her Weight Watchers contract ended.
A source close to the Duchess' New York interests told The Post that Fergie had decided to close up her company because it was poorly managed.
"This company was not run well, there were many problems so the interested parties decided to go their separate ways," said the source, who noted Ferguson still has some lesser business interests in the US, like book deals and speaking engagements.
(snip)
Hartmoor "ceased good standing" in June last year, records show, and owes $737.38 in taxes -- roughly three times the $250 annual levy. That suggests it paid no taxes for the entire time it was legally registered.
Things are equally murky at 444 Madison Avenue -- the registered office of the Sarah Ferguson Foundation. The foundation's 2007 tax return shows it does not seem to do a great deal. That year, it raised $508,620 in "direct public support," but paid out only $22,600 -- $10,000 of which was sent directly to the Duchess's own Italy-based Children in Crisis organization.
(snip)
The tax return, which is signed with the Duchess's trademark 'Sarah' moniker, does detail one charitable event in 2007 -- that lost more than $100,000
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Interesting that she signs her American tax returns with only her first name as if she were still a Royal.
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