We have an S-corporation and we pay distributions/dividends to
shareholders. We do it more often than quarterly and not on a regualr
basis. I have had one accountant tell me this needs to be done only on
a quarterly basis and another tell me that we can do it as often as we
like as long as we declare the distribution/dividend in the
corporation minutes. Can you answer which is correct, especially with
reference to the IRS and please provide supporting links to the
sources from which you found your answers.

Thanks,

JO