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ACCOUNTING
AND FINANCE
> Case Study |
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 FRED SEGAL - CONVEYOR
Fred Segal’s casual footwear retailer is
owned and operated by Joey Gonzalez.
After purchasing the business in 2005,
Joey was able to generate tremendous
sales growth and guide the business to
profitability. The success of his
efforts presented a new challenge —
planning for the additional income tax
liabilities associated with his success.
Synergy KMC worked to maximize his
business and personal deductions, and
advised a change in business structure,
which resulted in a significant income
tax savings that will continue to create
a more palatable disbursement to the
United States Treasury in subsequent
years. |
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