Sharon and Ozzy Osbourne Pay Off $1.7 Million Debt to the IRS

Apr 14, 2011  •  Post A Comment

Sharon Osbourne, one of the stars of CBS’s "The Talk" and the wife of rocker Ozzy Osbourne, announced Thursday that the Osbourne family has paid off a debt to the Internal Revenue Service of $1.7 million, reports Reuters.

Ms. Osbourne issued a statement to Perez Hilton, saying, "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. 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."

Ms. Osbourne claimed that financial advisers had failed in their duties to the family, but she also accepted personal responsibility for the error. She said, "You have to be on top of your own business affairs. My fault … lesson learned.”

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