A concept illustration of financial distribution with stacks of gold coins and black chess pawns representing different shareholders. Coins are shown being moved between the pawns, symbolizing the flow of money in a business setting.

Everything You Need to Know About S Corporation Distributions

Accounting, General, Tax Preparation /

If you’re the owner of an LLC, there’s a chance you’ve elected to have your business taxed as an S Corporation. As your S Corp turns a profit, there are two ways to have those profits paid back to you: 1) reasonable compensation and 2) owner’s distributions (sometimes referred to as draws). While we won’t […]

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