Ozzy Osbourne Prince of Darkness or Prince of Tax Evasion says the IRS

| April 11, 2011 | 0 Comments

Tax evasion seems to be an epidemic in Hollywood. Recently there was Nicholas Cage and Wesley Snipes now it is being reported that the ” Prince of Darkness” Ozzy Osbourne and his wife Sharon Osbourne are the latest celebs to join the tax evasion game.

Reports are stating that the power duo owe atleast 1.7 million dollars in back taxes to the IRS. The $1.7 is from 2008 and 2009. It is also being rumored that due to the extent of back taxes that the Osbournes owe that they may be in danger of losing their home. Sharon Obourne recently took to Twiiter to address the issue stating, “You can’t rely on anyone but yourself, You have to be on top of your own business affairs. My fault……..lesson learned.”

As an added twist to the story is also being reported that the Osbounres daughter Kelly Osbourne also owes the IRS back taxes. Although it may not be similar to the staggering amount that her parents owe, It is said that Kelly owes $34,000 to IRS.

Ozzy is music legend in the rock world who has been around for decades and Sharon has acted as his manager. Sharon is also a celebrity in her own right with hit shows under her belt including, MTV’s ” The Osbournes” and NBC’s ” America’s Got Talent”.

Category: Business & Finance News, Celebrity, Featured News

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