Amid threats of imminent go-slow action expected to commence on December 16, 2019, Better Future Foundation (BFF), has appealed to the Consortium of Public Sector Workers Organizations to remain constructively engaged with the government in response to the workers’ demands as contained in the October 23, 2019, seven-count Memorandum of Understanding (MoU).In a statement issued in Monrovia on Tuesday, December 10, 2019, BFF also called on the government to remain committed to honoring its binding obligations, as contained in the MoU signed between the government and the over 77,000 public sector workers.BFF said the MoU, which was made and entered by the parties on Tuesday, October 29, 2019, borders on the payment of salary arrears, and improving the economic livelihood of public sector employees and their families.The MoU was also based on an earlier resolution signed by the Consortium on October 23, 2019, to peacefully engage the government aimed at addressing the plight of the workers, and for the preservation and sustainability of Liberia’s hard-won peace and democracy.BFF, in the release further said that an essential component of mitigating problems in a post-conflict and fragile state, such as Liberia primarily borders on government’s sincere commitment in building a relationship of trust, and confidence with its citizens, especially public sector workers, who constitute a major source of revenue generation for sustainable economic, peace and development in the country.According to the BFF, the government, which is represented in the MoU by the Minister of State for Presidential Affairs, Nathaniel F. McGill, Finance and Development Planning Minister, Samuel D. Tweah, Jr.; Moses Kollie, Minister of Labor; Cllr. Frank Musah Dean, Minister of Justice; and the Director General of the Civil Service Agency of Liberia, Laurine W. Johnson, have committed to work with the Consortium of Public Sector Workers Organizations, to implement protective adjustments to civil servants salaries, while maintaining the government US$297 million to ensure stability in the civil servants’s salaries before the end of November 2019.“The government has also committed to regularize the monthly payment of all civil servants, and to issue monthly pay slips by December 2019 consistent with the stable pay determined by end of November 2019,” BFF added.In the MoU, the government further committed to regularizing the employment status of all public school teachers on the Supplementary payroll, who received salary increment under its “harmonization program” on or before end of December 2019, said the BFF release, signed by its secretariat.In line with the MoU, the Consortium, which comprises a workforce of over 77,000 employees, was represented by Moibah K. Johnson, president Civil Servants Union of Liberia; Mary W. Mulbah Nyumah, National Teachers Association of Liberia; Joseph Soko Tamba, National Health Workers Union of Liberia; Vinton Gareay, MCSS Teachers’ Association, etc.It was further agreed upon that the government and the Consortium remain engaged during these periods for better communication and problem-solving and that the Inter-Agency Wage Harmonization Team, will improve data and information sharing amongst technicians of the CSA and MFDP to ensure better communication, and information dissemination to the Consortium of Public Sector Workers Organizations, and civil servants across the country.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)
1 Hakan Calhanoglu Barcelona have joined the race for Arsenal and Manchester United target Hakan Calhanoglu, according to reports in his native Turkey.The Bayer Leverkusen man, hailed as ‘the new Mesut Ozil’, has emerged as one of the biggest prospects in the Bundesliga since arriving from Hamburg in 2013.As well as some eye-catching performances at club level, Calhanoglu has also starred for his national team, who have secured their qualification to Euro 2016.Leverkusen are bracing themselves for offers for the 21-year-old midfielder with both Manchester United and Arsenal keen on bringing him to England.AC Milan have also been credited with an interest but now, according to sources in Turkey, Barcelona are keeping close tabs on his progress.Barca are expected to be busy in the January transfer window, when they will be allowed to sign players again, with reinforcements in attack said to be high on their wish list.And with set-piece specialist Calhanoglu on their radar, his Premier League admirers may have to move quickly to sign him.
NEW YORK – What kind of tax season is your small business going to have? Do you already have an appointment with your accountant and expect to have your records in order? Or are you likely to show up on April 12 with a shoebox full of crumpled receipts and invoices? There’s a direct relationship between how well a company gets through tax filing and how well it is run year-round. A business owner who has a good sense of the firm’s tax liability, and has a strategy for paying any taxes owed, is clearly on top of things. But, tax professionals say, many small business owners don’t have a handle on their companies’ finances or tax situation, making for unpleasant surprises in March and April and a continuing struggle to make ends meet the rest of the year. Marlene Franke, a certified public accountant and partner with Franke & Freese in Chicago, describes a nightmare that’s all too common for small businesses: They owe $15,000 or $20,000 in taxes, don’t pay it and don’t file a return because they don’t have the cash to spare, start piling up late filing and late payment penalties as well as interest. AD Quality Auto 360p 720p 1080p Top articles1/5READ MORESanta Anita opens winter meet Saturday with loaded card “I call that situation the black hole,” said Franke, who said companies who operate this way are continually in arrears to the IRS. Many of these small business owners fall into the very human trap of hoping to get their affairs in order before they see a CPA or tax attorney, but never getting around to it because they’re juggling too much. Here, again, is a sign that the owner needs to rethink how the company is being run and probably needs to get some help. Barbara Weltman, a tax attorney in Millwood, N.Y., and author of “J.K. Lasser’s Small Business Taxes,” says this is a problem particularly for young businesses, or those being operated on the side, such as an entrepreneur who sells collectibles on eBay. “They just start out doing what they’re doing and don’t realize that they have become a business,” she said. The solutions in all these cases is to start now, organizing your records for last year – and while you’re at it, getting yourself on a better path for 2006. The best method is to use financial software; if you’re not sure which one will work the best for you, ask your accountant (don’t have one? Now’s the time to get one) or other small business owners. If you don’t have time to sort through all the papers and input the numbers into a software program, hire someone to do it. Even while the process of organizing your records is under way, you should be sitting down with a tax professional, to try to anticipate what your tax liability will be, and also to do some planning for the rest of this year. Organized or not, many small business owners will find they’re not going to meet this year’s deadlines for filing returns – March 15 for corporations and April 17 for individuals who file business returns along with their 1040s – and they’ll need to file for an extension of their tax deadlines. Because the traditional deadline of April 15 falls on a Saturday, taxpayers get an extra two days this year. There’s no harm done in getting an extension; it doesn’t increase your chances of being audited. There are companies that file for extensions as a matter of course. Starting this year, individual taxpayers are getting a break on extensions – they need to file only once to get six months’ before their returns are due. In the past, the IRS would grant an automatic four-month extension, until Aug. 15, to any taxpayer requesting one. Those who weren’t ready when that day arrived could request another two months, until Oct. 15. Now, the IRS will give automatic six-month extensions, eliminating the need for that second request. But there’s a big caveat with extensions, and that brings us back to the topic of being organized: While an extension gives you more time to file your return, you still have to pay your taxes by the March or April deadline. Taxpayers have to make a good-faith estimate of what they owe and report that amount to the government. If you don’t have the money to pay your tax bill, you really need to be talking with an accountant. He or she can help you work out a payment plan with the IRS – and help you get your company on a sounder financial footing. 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!