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...swag is in sight. Presenters at the upcoming Primetime Emmy Awards on Aug. 27 must sign and return a letter from the Academy of Television Arts and Sciences acknowledging that they are aware that under IRS guidelines they have to pay taxes on their gift-bag goodies, even if they are the star of the hottest hit sitcom on network television. The letter is, in effect, the Academy?s way of absolving itself of responsibility for unpaid gift taxes...

Author: /time Magazine | Title: Even Stars Have to Pay Taxes | 8/17/2006 | See Source »

Throw in other recent high-profile U.S. failures in global sports (see box), and the basketball World Championship, which starts Aug. 19 in Japan, takes on added urgency. The Americans desperately need a lift and for Coach K, frightened or not, to lead the way. "This is a new beginning," says Rick Carlisle, coach of the NBA's Indiana Pacers, who believes that Krzyzewski's stature trumps any skepticism pro players might have about a college coach. "We all expect great things...

Author: /time Magazine | Title: The Way of K | 8/14/2006 | See Source »

Congo's Vote Tally A new risk of bloodshed A preliminary tally from Congo's July 30 presidential election is expected by Aug. 20. But many have vowed to take up arms if a winner is declared without a runoff, which they want in October...

Author: /time Magazine | Title: What's Next: Aug. 21, 2006 | 8/13/2006 | See Source »

DeLay on the Ballot The Texas G.O.P. needs a write-in Since courts have refused to take Tom DeLay's name off the November ballot, the Texas G.O.P. has until Aug. 29 to find a write-in candidate--and then get voters to remember how to spell...

Author: /time Magazine | Title: What's Next: Aug. 21, 2006 | 8/13/2006 | See Source »

...Torino, baseball's loss to Canada (Canada!), in the World Baseball Classic, and the soccer team's struggles at the World Cup (did we mention Tour de France "champ" Floyd Landis and track star Justin Gatlin, both accused of doping?) - and the basketball World Championship, which starts Aug. 19th in Japan, takes on added urgency...

Author: /time Magazine | Title: Coach K Gets Down to Business | 8/11/2006 | See Source »

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