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Emmy Swag and a Tax Reminder to Celebs

With the Emmy Awards approaching in just a few weeks, the Academy of Television Arts and Sciences (ATAS) took the time to remind celebrities that their swag bags are considered taxable income and need to be reported as such when tax season rolls around. This is no small thing, either. The value of this year's Emmy gifts is estimated to be between $27,000 and $33,000. The ATAS even sent out letters to the presenters asking for compliance with the various tax codes with a waiver to sign, proving that they read it.

One of the reasons that the ATAS is being rather strict is that the IRS reportedly stands to collect over $1million from Oscar bags alone, which were worth over $100,000 each last year, and the ATAS doesn't want to be held responsible for any tax problems stemming from the Emmy Awards.

For a full list of the goodies that the Emmy presenters will be getting, click past the jump.

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Tags: awards, celebrities, emmy, emmy awards, emmy swag, emmys, event, swag, tax, tax evasion, taxes, win, winners

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Cartier Celebrates LOVE with Charity

by Nicole Weston (RSS feed) —

Filed under: Jewelry, Events

We love the Cartier LOVE line, but not as much as New York, apparently. The city actually declared yesterday to be "Declare Your Love Day" and the CEO of Cartier presided over the opening bell at NASDAQ Market Site (4 Times square), which was rung by Sarah Jessica Parker and Spike Lee. "Declaring your love" with Cartier involves buying some of their products, of course, and the company released the LOVE charity bracelet for the occasion. It features a pink gold miniature LOVE bracelet on a silk cord that comes in one of eight colors, each representing a different charity. $100 from each charity bracelet sale will be given to the charity it indicates. The bracelets, listed below, should be available at Cartier boutiques and online.

Salma Hayek – Human Rights Watch– White Bracelet
Scarlett Johansson – USA Harvest– Baby Pink Bracelet
Ashley Judd – YouthAIDS – Red Bracelet
Spike Lee – Kanbar Institute of Film and Television / Graduate Division/Tisch School of the Arts/ NYU – Purple Bracelet
Edward Norton – Maasai Wilderness Conservation Trust – Green Bracelet
Sarah Jessica Parker – UNICEF – Blue Bracelet
Michael Stipe – Mercy Corps / Gulf Coast Recovery – Black Bracelet
Liv Tyler – The Breast Cancer Research Foundation – Deep Pink Bracelet