Although you may not need to pay Self Employment tax on the the 'distributions', corporations can be expensive. You are required to be on payroll, which means (1) quarterly employer forms, (2) Federal Unemployment, (3) W-2/W-3, (4) State Unemployment, and (5) perhaps other State requirements (such as Worker's Compensation, disability, etc.).
As a one-man operation who seems to be providing "services", MOST of your profit should be wages, rather than Distributions.
