Recent content by barbq

  1. B

    USA Year End Extra $ Help

    Thank you. That was exactly what I wondered. Happy New Year!
  2. B

    USA Year End Extra $ Help

    Thank you for responding. We've paid off all of our vendors and have leftover cash. We wondered if there were some way to keep the cash in the checking account to carry over to next year without it being taxed - or should we write a check to each of the owners since it would be taxed anyway?
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    USA Year End Extra $ Help

    We are a LLC that files taxes as an S Corp. We will have a surplus of cash at the end of the year (2018). How can we handle this so the surplus is not taxed between the two owners? Our accountant usually splits the year end cash between the two owners and it is added to each as "income," I...
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