i am 62 looking to start claiming soon I have 401K and a pension. Self employed with one employee will the profits from the company be used against me as income? or is just my weekly check i write to myself only get accounted for? We are union and get our payroll audited every year we do put my payroll check once written with all the taxes and such taken off as per usual, we put the checks back into the buisness account as and pay our bills, buiness and personal from the buisness account.