S Corp Dispursements?

Question

I am 50% owner of an S corp... My partner needs to take a large dispursement for himself.. Arent I entitled to the same amount as he is dispursing to himself? How do dispursements work and isnt everything 50-50? Why should he take a large sum out and I get nothing?

Answer 1

Be strict to your accounting. Do not allow anything beyond eligibility. Advice money paying / transferring bank to stop payments and start your fight strategically. You better understand that " Struggle is Life ". Do not retreat.