I have set up my company 3 years ago, but have not yet had any company distributions from my business. What is the right timing, amount, process to make a valid distribution from my s corp? How do I know how much to distribute? I would like to make the transaction that IRS and State would not see as a red flag. BTW, I do have the right salary/compensation for myself already and I keep increasing it each year according to the inflation trends and the salary market research. Thanks!
