You state that your company is profitable. In this case, if you pay yourself a low salary and get audited, the IRS can (and will) retroactively adjust your salary to whatever THEY feel is reasonable and comparable for a CEO of a successful small company. Then you will owe back taxes, penalties and interest on whatever amount they determine you cheated them out of. The process isn't very democratic and getting audited is a HUGE pain, so I'd recommend going with something reasonable in the 100K range to avoid scrutiny.
Don't try to dodge the taxman unless you can afford it. In the mid-90s, I had the IRS come after me. Turned out to be a computer error on their part, but that didn't keep them from shutting off all my bank accounts without notice. They turned back on my accounts within a week or so but I spent around $5k and 6 months to a top accountant to prove to the IRS that they were wrong. I even ended up with an apology letter from the IRS. It wasn't a form letter either, I doubt they a form for an apology ;). These buys are tough man, don't mess with the revenue service!!