Just to preface this, i am going to talk to my accounting professor on tuesday about this idea and i shall let you know what he says... I am interested in saving all my profits (after ownder withdrawls ) from the next few years with the intention of using that sum to invest in some property for the business. I want to do this in a way as to keep as much for the business and as little for good ol unlce sam. Where can i store my money in a short term, tax free type of account? (ill have to pay taxes on the interest, correct?) Once i get it in the tax free account, will i have to pay taxes on it when i take it out and then directly put it into my business property? What i am after is a large downpayment on some land that i have my eye on. I hate paying so much in taxes and want to keep as much in the business as possible. Any ideas?