The Osbournes Owe IRS $1.7 Million
The Osbournes have run into a little financial trouble, owing more than $1.7 million in back taxes to Uncle Sam. Ozzy and Sharon Osbourne are at risk of losing their home in Los Angeles.
Yahoo! Music blog Stop the Presses reports that the couple owes $718,948 from 2008 and $1.024 million from 2009. The IRS has placed a lien on their L.A. house and if they don’t pay up soon, the Prince of Darkness and his wife can kiss their home goodbye.
It seems the mistake was made by the Osbourne’s accountant, judging by a recent tweet on Sharon Osbourne’s Twitter page.
“You can’t rely on anyone but yourself. You have to be on top of your own business affairs. My fault……..lesson learned”
Daughter Kelly Osbourne is also in hot water with the government. The State of California filed a lien against the singer/actress for $34,000 last month. Looks like the 26-year-old needs to churn out more horrible Madonna covers to pay off the debt.