Osbournes Pay $1.7 Million IRS Debt
1:25 pm, April 14th, 2011
Ozzy and Sharon Osbourne have paid off their $1.7 million tax debt to the IRS, only days after the couple’s financial issue became public.
According to an April 4 lien filed on one of their Los Angeles homes, the Osbournes owed approximately $700,000 for 2008 and $1 million for 2009.
Today, Sharon Osbourne announced that the payment was made, although there is still confusion over why the IRS placed a lien on the home in the first place.
“At 4:00 p.m. on Friday afternoon I received a phone call from my publicist who had a reporter on the other line informing her that the IRS had just put a lien on one of our properties,” says the “America’s Got Talent” star.
“I then contacted my accountant who said they knew nothing about any lien. The lien has been paid. I do intend to find out how this lien happened without the knowledge of myself or my accountants.”
“I hope none of this reflects negatively on mine and Ozzy’s moral character.”
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