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[quote=Anonymous]How much do you leave in your business bank accounts each year from profits vs. distributing (if S Corp)? It passes through, so taxed either way. Company is finally picking up and expect $2m+ split among 2 other partners. Leaning towards paying ourselves more vs keeping it in the LLC. Curious what others do. Another owner in my industry told me recently they have $10m+ in their business accounts, which seems excessive (even accounting for the fact payroll is by far our largest expense). [/quote]
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