Lots to find out!

Yes, just working on the 1120S now. 

Makes accounting sense to treat the loan payments as distributions.  

Do you happen to know of a thorough/helpful class on taxation for corporations?  I've tried some, but it can be difficult to get answers to questions like these.  I've taken Master CPE, but that was all self study.  I'd like to be able to ask questions of the presenter.

I haven't found a mentor that can help with questions like this as of yet, but I'm trying.  Some people don't want to bother helping.  Oh well, I'll keep trying!

Thank you for your help!