Can I invest my company's profits in the stock market?

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lets started plumbing company friend. make $20,000 in profits in first year. have 20k sitting in bank. me , friend open joint brokerage account , put 20,000 in stock market. if so, tax implications of such move , there tax benefits or drawbacks doing so? (would pay cap gains tax, business owners tax, etc)

so lets started plumbing company friend. make $20,000 in profits in first year. have 20k sitting in bank. me , friend open joint brokerage account , put 20,000 in stock market. if so, tax implications of such move , there tax...


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