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Safeparts Corporation is Jon Johnson's audit and tax client. The short story: The Cast of Characters Safeparts Corporation's three directors are the officers and only
Safeparts Corporation is Jon Johnson's audit and tax client. The short story: The Cast of Characters Safeparts Corporation's three directors are the officers and only stockholders of the company. Each holds 1/3 of the shares. President Raul Rambo founded the company and is now retired. As an individual, he is also Johnson's tax client. Vice President Jana Smith manages the day-to-day operations. She has been instrumental in increasing the business and its profits. Smith's individual tax work is done by CPA Corin Ware. Treasurer Chris Fletch has been a long-term, loyal employee responsible for many innovative financial transactions of great benefit to the business. He is Johnson's close, personal friend and an individual tax client. The Conflict President Rambo discussed with CPA Johnson the tax consequences to him as an individual of selling his one-third interest in the Safeparts Corporation to Vice President Smith. Later, meeting with Fletch to discuss his individual tax problems, Johnson learns that Fletch fears that Rambo and Smith will make a deal, put him in a minority position, and force him out of the company. Fletch says, "Jon, we've been friends a long time. Please keep me informed about Rambo's plans, even rumors. My interest
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