USA Business Purchase

[John1679]

Hi- I purchased a C Corp business as a stock sale. It is seller financed. The previous owner (a good friend of mine) is financing the purchase. The payment to him is paid twice a year. I will pay him from my personal checking account. To get the money to him, I will need to pay myself a bonus from the business. My plan as of now is to take two bonuses per year to pay for this. I will need to take a larger bonus than what is due to him to cover payroll taxes. My question is: Is there a legal way to do this and help save on the taxes it will take to get the money needed? I have heard about Corp dividend payments but understand that the company pays taxes and this is not the best strategy. Any guidance is greatly appreciated. Thanks.