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Tuesday, April 12, 2011

The Osbournes vs. Massive IRS Tax Lien


Even the Prince of Darkness has to pay up to Uncle Sam.

Ozzy and Sharon Osbourne owe more than $1.7 million in back taxes to the IRS, according to Financial-Planning.com. The rocker turned reality star, 62, and his wife and manager, 58, reportedly owe $718,948 from 2008 and $1.024 million from 2009.

The IRS has placed a lien on their Los Angeles house, meaning if the Osbournes don't pay up soon, they're in serious danger of losing their home. Their daughter Kelly, 26, also owes the government money; TMZ reported that the state of California filed a lien against the actress for $34,000 last month.

Sharon wrote on her Twitter page last Friday: "You can't rely on anyone but yourself. You have to be on top of your own business affairs. My fault..... lesson learned."

Ozzy and Sharon recently listed their Malibu beach house on the market for $10 million.

source : metalstorm.net