Corporation retained earn zeroed out Can the corporation pay out bonuses to officers (2 officers) to help zero profits for the year, but the officers loan the corporation back the money, so it doesn't effect the cash flow for the corporation? Is there a way to reduce the profits w/o affecting cash. Currently, going to show a profit over $50,000 and want to reduce it with bonuses, but are tight on cash? Any other options? Suggestions? |