Actress Alyssa Milano is broke stiffed lenders and failed to pay her employees’ taxes.
Milano says she failed to pay her income taxes for 2013 and 2014; didn’t make mortgage payments on her West Hollywood condo; lost millions on a failed home renovation project, and neglected to pay her employees’ taxes.
As a result, Alyssa says she and her husband David Bugliari are “millions of dollars in debt and their credit is in ruins.”
In other words, Milano and her husband are leftist deadbeats who overspend and stiff people.
Now she is blaming it on her financial manager.
Alyssa Milano has filed a $10 million lawsuit accusing her former business manager of severe misconduct that caused her to spiral into a financial disaster.
The suit accuses accountant Kenneth Hellie and his firm, Hellie, Hoffer & Co., of forging her signature on checks, failing to pay overdue bills and taxes, and inducing her to make bad investments in businesses in which he was also an investor, without disclosing the conflict.
Hellie’s actions, according to the suit, left Milano and her husband, talent agent David Bugliari, “with millions of dollars in debt and their credit in ruins.”
The suit was filed Friday in L.A. Superior Court in Van Nuys. Reached by phone on Saturday, Hellie declined to discuss the specifics.
Milano alleges that her financial woes began with a “home improvement debacle.” Milano says that Hellie’s poor oversight of the remodeling job caused costs to spiral. She ended up spending $5 million, though the home is worth no more than $3 million. She also says her accountants failed to notify her of Ventura County building code violations, which lingered for more than five years, resulting in a lien and $376,950 in fines.
The overspending on the renovation project led to other financial difficulties. In February 2016, Milano received a notice of default due to an unpaid mortgage payment. Milano says she learned that eight mortgage payments were late in a 13-month period. The late payments and the lien damaged her credit score to the point where she was unable to refinance her home to pay off debts, she alleges.
Milano alleges that her business manager also failed to pay her federal income taxes in 2013 and 2014, instead funneling money into the remodeling project, incurring penalties and interest. Milano says her employees also complained of late payments, and that Hellie failed to pay her employees’ taxes.
It’s shocking that Milano was not aware she didn’t pay her taxes, especially since she’s a 44-year-old mom of two who has been working since she was a child.
Moreover, her husband is an agent at one of the world’s top talent agencies. Between the two of them, you would think they would get together and review their tax returns.
Ironically, Milano has loudly demanded that Trump releases his income tax returns while ignoring her own unpaid taxes. Perhaps if Milano spent as much time managing her finances as she does slamming President Trump, she wouldn’t be in this mess.
Recently, the only way Milano can keep her name in the headlines is by trashing Trump, his wife Melania, and his daughter Ivanka.
In March 2017, Milano wrote an impassioned op-ed in Marie Claire magazine, where she urged fans to impeach Trump, whom she called an “egomaniac” with “questionable business ethics.”
Alyssa told fans that impeaching Trump is up to women, so they must continue to protest and obstruct him. “Removing [Trump] will be up to us,” she wrote. “It’s women who are organizing the resistance. Women can change the world.”
Milano might want to pay her taxes first before she attempts to “change the world.”