I run a small S Corp, of which I am the 100% owner and only employee. Very simple stuff: I get revenue, my payroll service does all payroll taxes and pays me, whatever's left over at the end of the year I usually get in the form of a Sch K distribution and next year everything starts again at zero. This has worked well for many years.This year the company did quite well and I would like to keep some of the money in the company for use next year (I am planning to write up a bunch of patents and need to pay my patent agent & the patent office a fair chunk of change, among other things). I am not sure how to do this.... any clues, please?Thank you!BF
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